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EQT to Buy Coller Capital in $3.2 Billion Share Deal

The share-based deal positions EQT to enter secondaries through a dedicated unit led by Jeremy Coller.

Overview

  • Jeremy Coller is set to receive about 72% of the $3.2 billion in EQT shares (roughly $2.3 billion), with a potential additional $145 million tied to a $500 million performance-linked pool.
  • The parties signed definitive agreements, with closing expected in the third quarter of 2026 subject to customary regulatory approvals.
  • After closing, Coller Capital will form "Coller EQT," a new secondaries platform led by Coller, who will join EQT’s executive committee while preserving independent origination and investment processes.
  • EQT CEO Per Franzen called the move an important step into secondaries and said he believes the business could double in less than four years.
  • Coller Capital manages about $50 billion with a global team of 330, EQT oversees €290 billion, and State Street, previously a minority investor in Coller, will become a shareholder in EQT.