Coller Capital, the largest dedicated private market secondaries manager, has closed a GP-led secondary transaction with GSR Ventures, totaling 229 million yuan (US$31.57 million) for eight high-growth assets in China’s consumer and tech sectors. Coller’s RMB secondaries fund, CCSRMB I, led the transaction, which required a tailored liquidity solution for GSR and its stakeholders. Coller highlighted the importance of their local expertise in executing the deal at an attractive valuation, while GSR emphasized the growing activity in China’s private equity secondary market as a vital exit strategy for funds and an enhancement of GPs’ transaction capabilities.

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