In June 2000, Coller Capital led the acquisition of NatWest’s large private equity portfolio. The assets (which were sold by NatWest's new parent company RBS "to maximise value for Royal Bank of Scotland shareholders") consisted of two buyout funds and numerous direct investments, amounting in total to 292 private companies.
The NatWest deal was notable for its unprecedented size and complexity – with a value in excess of $1 billion, it was the largest secondaries transaction of its time.