Susan Flynn, the former CEO of General Motors Asset Management's (GMAM) UK arm, has joined London-based secondaries specialist Coller Capital as an investment director. She will be responsible for deal sourcing and structuring.
At GMAM, which is part of General Motors Investment Management Corporation, Flynn concentrated on investing in private equity funds predominantly in Europe. Her departure ends an eight year stint at the group, during which she also worked in the firm's US office. Prior to joining GMAM, Flynn worked at Rothschild Asset Management in London.
While at GMAM, Flynn sat on the advisory committee of several European general partners groups including BC Partners, Nordic Capital, Alchemy and Apax Partners.
Coller Capital is currently investing the world’s largest dedicated secondaries private equity fund, a $2.5bn vehicle raised last year.
Flynn’s arrival at the firm takes the number of senior executives to nine. In addition to founder and CEO Jeremy Coller, the firm’s investment directors are Daniel Dupont, Axel Hansing, Timothy Jones, Hiromichi Mizuno, Denis Mortier and Erwin Roex.
The group’s recently opened New York office is run by Frank Morgan, president and COO of Coller Capital US.
Coller Capital has been investing in private equity secondary transactions since 1990. The firm has $3.5bn under management. Its most recent publicised investment was a contribution to the $1.5bn raised by a consortium to back the formation of MidOcean Partners, the former buyout business of Deutsche Bank.