TPG Twin Brook, Coller set $3bn credit secondaries milestone

This marks the largest deal of its kind, as private debt investors look to continuation vehicles for liquidity.

TPG Twin Brook Capital Partners and Coller Capital have closed on a $3 billion continuation vehicle, the largest completed transaction of its kind in the private credit secondaries market.

A person familiar with the TPG Twin Brook and Coller transaction said that the new CV is an example of a manager that eats its own cooking, in this case to the extent of more than $600 million invested in the new CV by Coller.