In the third of Unquote's Lockdown series, Francois Aguerre, partner and co-head of origination at Coller Capital, discusses how long-term investment prospects are still strong despite the current economic disruption.
The correction we are likely to see in the secondaries market will be part of a wider global correction leaving all market players starting from a new basis, Aguerre says, adding that there will most certainly be a better pricing environment for secondaries buyers.
Aguerre also notes that Coller's pipeline of opportunities has not declined commensurately with transaction volumes, meaning activity could pick up fairly quickly once there is more certainty on both the buy- and sell-side.
Also participating in the round were angel investors including the founders of Just Spices
Stake owned by EQT is transferred from EQT VII to its successor funds EQT VIII and EQT IX
Miya is a portfolio company of Bridgepoint Europe VI, a €5.7bn fund that invests in companies with EV of €200m-1bn
Mid-cap buyout-focused fund-of-funds closed on €162m and has made 14 of its 20 planned investments