Coller Capital Closes First Yuan-Denominated Private Equity Secondaries Fund

What’s new: U.K.-based private equity secondaries market investor Coller Capital said Thursday it aims to raise 1.5 billion yuan ($218.12 million) for its first yuan-denominated secondaries fund.

Coller Capital Secondaries RMB I Fund completed the first close, Coller Capital said in a statement. The size of fundraising was not disclosed. Usually the first close of a fund means the minimum subscription target was reached.