Coller Capital given go-ahead to buy Credit Suisse mid-market buyout arm stake

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cheque_deal_pen_170sqSecondary private equity investment giant Coller Capital has reportedly picked up Credit Suisse‘s stake in its mid-market buyout arm, DLJ Merchant Banking.

A deal between the two was given the green light by the Federal Trade Commission earlier this week according to Dow Jones, which said negotiations had been on-going since at least May.

It added that other potential buyers including Pantheon had also shown interest in the asset.

Credit Suisse is selling its stake in the $2.1bn DLJ Merchant Banking Partners IV vehicle raised in 2008, according to the FTC.

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