Is the Pioneer of Private Equity's Hottest Trade Learning to Let Go?
Jeremy Coller's business has become one of the most valuable niche finance firms in the City of London. But as the secondaries industry booms, some investors are looking beyond its visionary founders.
Jeremy Coller
Illustration: 731 Photographer: Vivek Prakash/Bloomberg
(This story originally ran on Dec. 15. On Thursday, Swedish private equity firm EQT AB agreed to buy Coller Capital for $3.2 billion.)
After tossing a toy spider into the crowd at a recent New York event, Jeremy Coller explained the real meaning behind survival of the fittest.
The 67-year-old finance maverick had just hosted a party for his investors at the city’s American Museum of Natural History. Spending the evening among the wonders of the natural world had given him pause for thought.