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What's New In Investments, Funds: CAIS, Graham, Coller Capital

Editorial Staff

24 February 2023

CAIS
, the London-headquartered group, has created its global private wealth secondaries solutions business.

(“Secondaries” refer to transactions in which an investor is buying an existing interest or asset from primary private equity fund investors, known as limited partners.)

PWSS will build on Coller’s global relationships with private banks, wealth managers and investment advisors to distribute the products it creates and manages for this channel. The unit will be led by Jake Elmhirst, who joined Coller Capital as a partner in the investor relations team in 2022. Elmhirst spent 25 years at UBS, most recently leading its private markets effort within the Swiss bank’s global wealth management arm and, prior to that, UBS Investment Bank’s Private Funds Group.

Within the PWSS team, Elmhirst is joined by two Coller Capital investment team members: Jon Freeman, a partner in the CIO Office with 26 years’ service; and Mark Hindriks, who has been with Coller for 13 years. Hendriks will become the chief operating officer of PWSS. 

In the US, product distribution will be led by co-heads of PWSS Distribution, Jonathan McEvoy, formerly with Morgan Stanley, and Alana Montanari, formerly with Ironwood Capital Management, with support from Daniel Murphy who joined from Bank of America Merrill.

Besides its London HQ, Coller has offices in New York, Hong Kong and Seoul. The firm oversees $27.5 billion assets under management.