The ‘Godfather of PE Secondaries’ Timed His Exit Perfectly
He’s often dubbed the Godfather of private equity “secondaries” — the business of shifting stakes in buyout funds or buyouts themselves to new private-market investors. Hence Jeremy Coller’s $3.2 billion...
By Chris Hughes · Bloomberg
He’s often dubbed the Godfather of private equity “secondaries” — the business of shifting stakes in buyout funds or buyouts themselves to new private-market investors. Hence Jeremy Coller’s $3.2 billion sale of his firm to Sweden’s EQT AB is a historic moment for the industry. As you might expect given the protagonists, it’s cleverly structured too.