Susan Flynn rejoins Coller

Flynn, who last year left her role as co-CIO at Hermes GPE, has joined Coller as an IR-focused partner as it aims to raise $5bn for its sixth fund.

European private equity veteran Susan Flynn has rejoined Coller Capital, where she had been a partner on the European investment team from 2003 to 2007.

Flynn left the secondaries firm in 2007 to become chief executive of Hermes Private Equity, which in April 2010 merged with fund of funds Gartmore to form Hermes GPE.

Sue Flynn

Following the creation of Hermes GPE, Flynn became co-chief investment officer alongside Peter Gale, with Alan Mackay helming the fund of funds. Three months later, however, Flynn left the firm. Hermes GPE said at the time she had “stepped down following the successful integration of the two businesses”.

She has now rejoined Coller as a partner responsible for investor relations, and will also sit on the firm's investment committee.

Flynn said the move was a “natural” one for her, given her good experience at Coller in the past and the growing importance of the secondary market.

“Secondaries is an exciting area to be in and Coller is by far the best of the best,” she told PEI, noting that she had always kept in touch and been on good terms with the Coller team since her departure in 2007.

The move comes as Coller markets its sixth fund, which is targeting $5 billion. Last month it received a $50 million commitment from the Ohio School Employees Retirement System.

Flynn declined to discuss the fundraising.