Coller Capital Hires New Data Scientist to Boost Private Equity Tools and Reinforce Its Commitment to Data-Driven Investing in Secondaries Market
Coller Capital, a well-established secondaries firm in the market, is seeking to expand its tech platform by hiring an additional data scientist. The position is based in London and involves collaborating with data, machine-learning, and software engineers, as well as investment professionals to develop data-driven private equity tools. Key responsibilities include implementing predictive models, conducting quantitative analysis, and creating tools to impact multi-million dollar deals.
Josh Lowe, a principal at Coller Capital, leads the firm’s data science team and was appointed in 2020. There are currently three other data scientists at the firm. The departure of former data scientist Harry Vander Elst in 2020 led to the launch of RockSling Analytics and his subsequent role as a partner at tech-focused secondaries firm Clipway. However, the new data scientist position is not a direct replacement for Vander Elst.
Coller Capital has been utilizing over 30 years of proprietary data in its investment process and has a history of innovation in private markets secondaries. The firm’s data science team provides quantitative analysis to enhance investment decision-making alongside fundamental analysis. This addition of a new data scientist reflects the firm’s commitment to expanding its team and investing in talent across the board.
The secondaries industry has been incorporating data science and artificial intelligence to improve efficiency and speed as previously reported by Secondaries Investor. These tools can provide buyers with a competitive advantage by streamlining LP secondaries sales and bringing secondaries market transactions closer to real-time similar to trading public market securities over-the-counter.
Overall, Coller Capital’s decision to hire an additional data scientist is an important step towards leveraging technology further in the secondaries industry.
