EQT completes $3.2bn combination with secondaries firm Coller Capital

• Global secondaries transaction volume hit a record $120bn in the first half of 2026, up nearly 20% year-on-year
• The deal lifts EQT’s total assets under management to €341bn, including a combined evergreen platform topping €10bn in net asset value
• Jeremy Coller joins EQT’s executive committee as head and chief investment officer of the renamed unit, with EQT targeting a doubling of Coller’s fee-generating AUM within four years

EQT has completed its combination with Coller Capital, the secondaries specialist now rebranded Coller EQT, as the Stockholm-listed investor pushes to build what it calls the most attractive private markets firm of scale.

Base consideration for the deal totals $3.2 billion on a cash-and-debt-free basis.

Coller EQT retains independence over its origination, underwriting and investment decision-making under the new brand. The firm has a 36-year track record in the secondaries market and offers a diversified client proposition spanning closed-ended funds, evergreen products and insurance-dedicated solutions.

Global secondaries transaction volumes surpassed $120 billion in the first half of 2026, the strongest first half on record and up nearly 20 percent year-on-year, according to the company. The combination adds nine new strategies to EQT’s client offering across private equity and credit secondaries, and deepens its position with insurance and private wealth clients.

EQT’s total assets under management now stand at €341 billion, including €186 billion in fee-generating assets under management, and a combined evergreen platform with a net asset value surpassing €10 billion.

The transaction follows a definitive agreement signed in January.

“Secondaries are one of the most compelling opportunities in private capital today and, as the market matures, my personal expectation is that in the long-term secondaries will become private equity,” said Jeremy Coller, head and chief investment officer of Coller EQT, in a statement. “After 36 years mastering our craft we’re a leader in the market, and this combination will allow us to do even more for our investors, while maintaining the independence of our world-class origination and investment process.”

Editor’s note: This news brief was produced with the assistance of artificial intelligence.