Coller Capital

O’Melveny represented long-term client Coller Capital (Coller) on the approximately US$1.6 billion acquisition by a fund financed by Coller International Partners VI (CIP VI) of a portfolio of private-equity-related investments, as well as the transfer of approximately US$345 million of undrawn commitments, from Lloyds Banking Group plc. This transaction is believed to be the largest unsyndicated secondaries deal ever completed. Previously, O’Melveny advised Coller on its successful fundraising for CIP VI. The fund raised US$5.5 billion, which makes it the second-largest secondaries fundraising ever.