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Coller's SVG success shows fortune favours the brave

COMMENT: Secondaries firm's big profit on the HarbourVest deal should offer others confidence to pursue unusual and riskier opportunities

One of the biggest winners from HarbourVest Partners' slugfest to acquire the assets of UK listed private equity investor SVG Capital is not who you might expect.

Secondaries investor Coller Capital is going to make shed loads of money on October 18's announcement - it first acquired around 20% of the listed fund of funds in 2009 for around £50 million and is now going to sell that shareholding for around £290 million.

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