Fund databasePrivate Equity

Coller Private Equity Secondaries

Coller Capital · LU2884017059

Part II SICAV Private Equity Luxembourg Secondaries Co-Investments Venture Capital

NAV · 30 Jun 20266.46 EURClass n D
Fund currencyUSD
Income treatmentaccumulatingclass tracked, verified
Performance since Aug 2024 p.a.+15.1%Class n D
Ongoing costs
Min. investmentUSD 50,000
Redemptionquarterly
Risk (SRI)

01Performance

Unit price (NAV) in EUR · share class n D · 23 data points

6.46 EURNAV as at 30 Jun 2026
5.15.566.4Aug 2024Feb 2025Jul 2025Jan 2026Jun 2026
Source: Monthly returns from the fund company entire series back-calculated from monthly returns — no published unit price
YTD+5.5%
1 year+10.1%
since Aug 2024 p.a.+15.1%

Calendar-year returns

Calendar years, calculated from the NAV series

+16.2%2025+5.5%2026 YTD

Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and the trading costs of reinvestment are not taken into account. Past performance is not a reliable indicator of future results.

Provider figures

These come from the factsheet, the PRIIPs KID or the monthly report. They may relate to a different reference date, a different share class or a longer period than the series above — the series starts with the first documented unit price, not necessarily with the launch. That is why the values sometimes differ.

Performance 12M · as at 30 Jun 202612.13%
Since launch p.a. · as at 30 Jun 202617.45%

Target return per the provider: No explicit target return ('long-term capital appreciation'). Actual performance: 17.45 % p.a. since launch (class IA USD).

Source: Factsheet 30 Jun 2026, Fund Overview / At a Glance

Provider figure or KID scenario — not a forecast by semiliquid.info. Target returns are not guaranteed.

02Strategy & portfolio

What the fund does and how the portfolio is put together.

Launch year2024
Fund sizeUSD 2.00bnas at 30 Jun 2026
CurrencyUSD
Income treatmentboth
SFDR
Recommended holding
Liquidity buffer
Leverage limit

Risk indicator not documented from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.

Portfolio breakdown

Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.

Sector breakdown

Actual portfolio% of NAVas at 30 Jun 2026

Technology & software43.0%
Healthcare & life sciences21.0%
Industrials & manufacturing14.0%
Consumer & retail12.0%
Financial services9.0%
Other1.0%
Show individual values
Technology & software35.0%
Healthcare & life sciences21.0%
Industrials & manufacturing12.0%
Financial services9.0%
Communication services8.0%
Consumer discretionary7.0%
Consumer staples5.0%
Chemicals & materials2.0%
Other1.0%
Source: Coller Capital 'Coller Private Equity Secondaries' Factsheet 30.06.2026, S. 2

Geographic breakdown

Actual portfolio% of NAVas at 30 Jun 2026

North America63.0%
Europe, other26.0%
United Kingdom9.0%
Asia-Pacific2.0%
Other / unallocated1.0%
Show groups
North America63.0%
Europe35.0%
Asia-Pacific2.0%
Other / unallocated1.0%
Source: Coller Capital 'Coller Private Equity Secondaries' Factsheet 30.06.2026, S. 2

Strategy

Secondaries Co-Investments Venture Capital

Exclusively secondaries: predominantly LP-led direct transactions, complemented by selected GP-led opportunities and co-investments; focus on mature assets with early cash-flow visibility and low blind-pool risk; no venture capital, no infrastructure, no private credit

Portfolio composition

Investment Type

LP-led62.0%
GP-led35.0%
Co-Investment3.0%
Primary1.0%

Strategy

Buyout94.0%
Growth5.0%
Co-Investment1.0%

Vintage

202023.0%
201919.0%
202116.0%
201815.0%
20227.0%
20177.0%
20155.0%
20164.0%
20231.0%
Others2.0%
Provider wording in full
Investment Type: LP-led 62 %, GP-led 35 %, Co-Investment 3 %, Primary 1 %. Strategy: Buyout 94 %, Growth 5 %, Co-Investment 1 %. Vintage: 2020 23 %, 2019 19 %, 2021 16 %, 2018 15 %, 2022 7 %, 2017 7 %, 2015 5 %, 2016 4 %, 2023 1 %, Others 2 % (vintage metric excludes GP-led, Direct, Primaries, Co-Investments)
Source: Factsheet 30 Jun 2026, Portfolio Highlights

Top holdings

Top 10 Fund Positions (30 Jun 2026): TPG Partners VIII (TPG Capital) 4.7 % LP-led Buyout 2020; EQT AI Infrastructure (EQT) 4.5 % GP-led Buyout 2026; Carlyle Partners VII (The Carlyle Group) 3.9 % LP-led Buyout 2018; KKR North America Fund XIII (KKR) 3.1 % LP-led Buyout 2021; GI Partners Fund VI 2.8 % LP-led Buyout 2021; Blackstone VII 2.7 % LP-led Buyout 2015; Vista Equity Partners Hubble 2.4 % GP-led Buyout 2025; 3i 2020 IV 2.4 % GP-led Buyout 2020; Audax Private Equity/Strategic Capital — Smile 2.2 % Co-Investment Buyout 2024; GHO Capital Fund II 1.9 % LP-led Buyout 2019. Total 30.5 %
Source: Factsheet 30 Jun 2026, Top 10 Fund Positions

03Costs

The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.

Management fee1.15%
Total ongoing costsnot documented
Entry charge max.0.00%
Redemption fee2.00%
Performance fee12.50%
Hurdle rate7.00%
High-water markno

How the performance fee works

12.5 % carried interest on TOTAL RETURN (not only net interest income), with a 7 % hurdle rate, HIGH WATERMARK and 100 % CATCH-UP; quarterly crystallisation and payment; applies from 1 Jul 2025 to the non-anchor share classes.
Source: Factsheet 30 Jun 2026, Fund Investment and Fees with footnote

Costs per the key information document

Not documented as an aggregate PRIIPs figure. Components: class D up to 1.15 % + up to 0.85 % + 0.15 % = up to 2.15 % p.a.; class I up to 1.15 % + 0.15 % = up to 1.30 % p.a.; classes I-2/I-3 up to 1.15 % + 0.25 % + 0.15 % = up to 1.55 % p.a.; plus a 12.5 % performance fee.
Source: Factsheet 30 Jun 2026, Fund Investment and Fees

04Subscription & entry

How you get into the fund, and on what terms.

Subscriptionmonthly
Minimum investmentUSD 50,000 – USD 1m by class
Entry chargeup to 0.00%
Rec. holding periodnot documented

Subscription per the document

Monthly ('Subscriptions: Monthly')

Source: Factsheet 30 Jun 2026, Fund Terms

05Redemption & liquidity

Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.

Units can be redeemed quarterly; notice must be given 20 days before the date; on each date the fund redeems at most 5 % of fund assets; for the first 12 months after subscription no redemption is possible.

1 · Lock-up12 months from subscription
2 · Notice period20 days before the date
3 · Redemption datequarterly
4 · Gatemax. 5 % per date
5 · Payout10 days after the date

The gate caps redemptions at 5 % of fund assets per date. If more investors want out at the same time, orders are scaled back pro rata or deferred to the next date.

From the notice being received to the money reaching your account: typically around 30 to 122 days — depending on how far away the next redemption date is. If the gate bites or redemptions are suspended, it can take considerably longer.

Redemption per the document

Quarterly ('Quarterly redemptions')

Source: Factsheet 30 Jun 2026, Fund Terms

Gate per the document

Up to 5 % of fund NAV per quarter; explicitly: 'The Fund cannot guarantee full redemption of shares on any given date.'

Source: Factsheet 30 Jun 2026, Fund Terms

Notice period

According to the available information 20 banking business days; not disclosed in the factsheet.

Source: Factsheet 30 Jun 2026

Lock-up

No hard lock-up; soft lock via an early redemption fee of 2 % of NAV on redemption within 12 months

Source: Factsheet 30 Jun 2026, Fund Terms

Liquidity score: 3.2 of 5

Redemption frequency
3 / 5 · 40 %
Gate / redemption cap
3 / 5 · 25 %
Notice period
4 / 5 · 20 %
Redemption fee
3 / 5 · 15 %

The score measures only the contractual redemption mechanics (the higher, the more flexible) — not whether the fund actually stays liquid under stress. Weightings in per cent.

06Fund details & verification

Who stands behind the fund, who it is authorised for — and what the figures rest on.

AIFM / management company

Coller Investment Management (Luxembourg) S.à r.l.; Investment Adviser Coller Capital Limited; Coller Capital: USD 55bn AUM (March 2026), 12 offices, 75 investment professionals, 326 staff

Source: Factsheet 30 Jun 2026, Fund Facts / About Coller Capital

Depositary

Not documented — not named in the documents available

Source: Factsheet 30 Jun 2026

Launch date

Inception 15 Jul 2024; the performance of the IA USD class for July 2024 relates to the period 15–31 Jul 2024

Source: Factsheet 30 Jun 2026, Fund Facts and footnote

Eligible investors

'Institutional, Professional and certain permitted retail investors only'

Source: Factsheet 30 Jun 2026, Fund Facts

Distribution authorisation

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, United Kingdom, Canada; additionally via regional feeders in Asia, the Middle East and Australia

Fee layers / double charging

Multi-layered. (1) Platform structure: Coller Secondaries SICAV S.A. (feeder) invests in Coller Secondaries Master SCSp — separate prospectuses exist for the feeder and the master; fees are charged at platform level. (2) Strategy-driven double charging: the fund acquires LP interests in private equity target funds (secondaries), and at the level of those target funds the management fees and carried interest of the respective GPs continue to accrue. These are NOT included in the 1.15 %/12.5 % and explain the total cost level of approximately 5 % p.a. disclosed in the KID

All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.

Similar funds

Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.

Important information. semiliquid.info does not provide investment advice and makes no recommendation to buy, sell or hold fund units — no ranking, no offer, no invitation to subscribe. Only the prospectus and the key information document (PRIIPs KID) of the respective fund are authoritative. We give no warranty for the accuracy, completeness or currency of the information. Semi-liquid funds invest in illiquid assets: redemptions are possible only to a limited extent and can be capped, deferred or suspended; there is a risk of total loss. Past performance is not a reliable indicator of future results. Read the prospectus and the key information document before making an investment decision and seek professional advice where appropriate.