Funds

Coller expects to close Fund VII in Q4

Coller International Partners VII has not yet held a first close toward its $5.5bn target and a $6bn hard-cap

By
Chelsea Stevenson
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Coller International Partners VII has not yet held a first close toward its $5.5bn target and a $6bn hard-cap

Coller Capital expects to close its Coller International Partners VII in the fourth quarter of 2015, according to documents from NEPC, the consultant for the New Hampshire Retirement System (NHRS).

A spokesperson from Coller declined to comment.

Fund VII launched last year with a $5.5 billion target and a $6 billion hard-cap. The fund has yet to hold a first close but has received $50 million from NHRS and $75 million from the Louisiana State Employees’ Retirement System. The fund will also include a general partner commitment of at least 1 percent.

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