Today
📌 What Has Been Reported
• Coller Capital is reported to be leading a $1.3 billion private credit continuation vehicle with Ares Management. According to a brief news item, this vehicle comprises a portfolio of first-lien, floating-rate loans to U.S. middle-market companies — a common structure in private credit continuation strategies where legacy credit assets are rolled into a new vehicle to provide liquidity to existing investors.
secondarylink.com
🧾 Broader Context in the Market
It appears this specific $1.3 billion continuation story is coming from a short secondary market news item, and it hasn’t yet been widely covered by major financial media. That suggests it may be a subset or specific tranche of a broader credit secondaries effort rather than a headline standalone deal in the industry press.
📊 Other Related Coller & Ares Capital Secondaries Activity
Recent Coller Capital and Ares Management private credit secondaries activity demonstrates a broader trend of large credit continuation and structured secondaries transactions:
• Coller Capital has been active in large private credit secondaries vehicles: for example, it led a $2.3 billion private credit continuation vehicle with Benefit Street Partners, acquiring senior secured, floating-rate loans from a flagship direct lending fund.
clearygottlieb.com
• Coller also partnered with Ares and Barings on a $2.4 billion structured funding vehicle designed to invest in both private equity and credit secondaries. Barings acted as lead lender, with Coller and Ares providing credit enhancement.
collercapital.com
• In the broader market, both firms are raising or closing multi-billion dollar secondaries strategies: Coller’s ninth core secondaries fund closed near record levels, and Ares has gathered substantial capital for its inaugural credit
