Coller names Jones as CEO

Jones (pictured) had been second in command at Coller as deputy CIO, having joined the firm in 2000.

The news comes after a busy summer for Coller, which saw the secondaries trailblazer raise $5.5bn for its sixth fund. Just weeks later, it bought Lloyds Banking Group's private equity portfolio for £1.05bn, including £220m of undrawn commitments.

In a video interview with unquote", Coller's Giovanni Orsi suggested that more than 60% of LPs will be involved in secondaries as either buyers or sellers in the next two years – the highest number ever.

Jeremy Coller founded the business in 1990 after five years at Imperial Chemical Industries Investment Management.

Jones's career started at Standard Chartered, where he spent 15 years, mostly in Singapore, New York and London. He became CEO of the bank's division Mocatta Group, and went on to lead the sale of that business to ScotiaBank in 1997. There he became global head and was involved in leveraged finance and sovereign debt.

Jones has a BA (Hons) from Durham University. He is currently on the advisory committees of 3i, ABS Ventures, Deutsche Bank Special Opportunities Fund, RBS Special Opportunities Fund, Shell Technology Ventures, Washington & Congress, DFJ Esprit II, Pearl Diver Capital, Euro Atlantis, Cavendish Square Partners and Cape FoF.

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