Coller Capital Ltd, one of the world’s biggest investors in private equity fund interests, is exploring options that include a sale of the business, people familiar with the matter said.
Coller has been working with an investment bank as it plans to sell a stake or the entire company, the sources said. They added that Coller’s $ 26 billion in assets under management could be valued according to its counterpart Lexington Partners, which is similar in size and agreed last month to be acquired by fund manager Franklin Resources Inc for $ 1.75 billion.
The sources warned that there was no guarantee that a deal for Paste would be reached and asked not to be identified as the deliberations are confidential.
Read more/Source: Reuters
