The firm manages $50 billion in secondaries across private equity, private credit, and other private market vehicles. It is growing and now has six offices in Asia: Beijing, Seoul, Melbourne, Singapore and Tokyo, as well as Hong Kong.

Coller Capital, which announced that it had opened a Tokyo office last week, has also expanded its Hong Kong presence, the firm said in a statement.

The UK-based business, which describes itself as "first in secondaries," has expanded its Hong Kong office; it has moved to The Henderson, located in the city’s financial centre. The new location is designed to accommodate the business’s continued growth, it said.

The office was officially opened last week, attendees included Coller Capital chief investment officer and managing partner, Jeremy Coller and partner, head of Asia, Peter Kim.

Coller has more than 39 employees in Asia Pacific in offices in six cities with the largest presence in Hong Kong. The Hong Kong office was opened in 2012.

Recently, State Street Investment Management made a strategic minority investment in Coller Capital with the two firms agreeing to collaborate across a variety of client segments.

The firm manages $50 billion in secondaries across private equity, private credit, and other private market vehicles. “Secondaries” allow investors to buy and sell pre-existing investments in private equity, credit, infrastructure, forms of real estate, and other assets.

The sector, which enables holders of these relatively illiquid assets to adjust exposures, has grown rapidly in recent years.

Main picture: Jeremy Coller, CIO, Coller Capital (right), and Peter Kim, partner and head of Asia, Coller Capital (left).