Coller Capital has set up a Singapore office to serve its growing institutional and private wealth investors in Southeast Asia, according to a statement by the US private market secondaries manager.
“The market for Asia Pacific private capital is rapidly maturing with rising market volumes, innovative transactions and a growing talent pool,” said Jeremy Coller, chief investment officer and managing partner of Coller Capital.
Peter Wu (pictured) also joins the firm as head of product Management, private wealth, based in Singapore.
Wu has over 14 years of industry experience and was previously the global head of product control at Partners Group, where he led product operations for private markets funds. Prior to that, he spent seven years at BDO, managing audit and consulting engagements for global companies.
Wu, who will be joined by two local investor relations colleagues, will work closely with Coller’s global private wealth secondaries solutions (PWSS) team to support the global expansion.
Launched in 2023, PWSS provides private wealth investors access to the private equity and private credit secondaries market through a diversified, institutional-grade quality portfolio.
In Singapore, Coller Capital will market funds to institutional and private wealth investors indirectly through licensed intermediaries such as private banks.
“Opening the Singapore office extends our commitment to the region and is another milestone in delivering our secondaries solutions to both institutional and private wealth investors in the Asia Pacific region,” said Coller.
Coller Capital’s Singapore office is its fifth location in Asia Pacific alongside Hong Kong, Beijing, Seoul and Melbourne. Its Hong Kong office was opened in 2012 and serves as the firm’s hub for the region.
“Our expansion into Singapore will allow us to meet this strong demand for investment solutions that offer enhanced liquidity, risk mitigation and diversification,” said Peter Kim, partner and head of Asia and RMB.
Coller Capital has $36bn under management and 34 years of experience in the secondary private capital market.