Alter Domus, the Luxembourg-based alternatives administrator which has AuA of c. USD1trn, has been selected by Coller Capital to provide fund administration and depositary services for a new private credit secondaries fund. The credit portfolio is managed by Ping An Overseas Holdings, with the transaction thought to be the world’s largest for a credit portfolio, valued at USD680m. The portfolio is comprised of four flagship credit funds managed by North American and European managers. Headquartered in the UK, Coller Capital is one of the largest and most experienced global investors in the private equity and credit secondary markets. Earlier this year Coller appointed Northern Trust to administer a USD9bn fund in Guernsey.
