Assessing NAV Quality
Easy
Tests whether a candidate treats reported NAV as evidence rather than fact.
How would you assess whether a private equity fund's reported NAV is reliable?
Valuation · Private Equity · ~7 minModel answer & graded attempt
All interview questions
Coller Capital interview questions
Other9 questions reported in Coller Capital interviews, organised by the group that asks them. Every question carries a model answer and graded feedback on your own attempt.
Questions
9
Easy · Medium
3 · 3
Hard
3
Model builds
0
Built in the spreadsheet grid
Secondaries
NAV discounts, J-curve mitigation, continuation vehicles and pacing. 9 questions
LP-Led Versus GP-Led Secondaries
Easy
Tests core market structure in a secondaries interview.
What is the difference between an LP-led and a GP-led secondary transaction?
Deal Analysis · Private Equity · ~7 minModel answer & graded attempt
Reconciling Purchase Price and Total Capital at Risk
Easy
A junior case-study check on whether an analyst separates cash paid at closing from future funding.
You buy an LP interest with reported NAV of $120m at 75% of NAV. The interest has $35m of unfunded commitments, expected to be drawn evenly over the next two years. What cash is paid at closing, what…
Financial Mathematics · Private Equity · ~8 minModel answer & graded attempt
Modelling a Secondary Fund Interest
Medium
A common secondaries case-study modelling prompt.
What are the key inputs in a cash-flow model for an LP secondary purchase?
Financial Mathematics · Private Equity · ~10 minModel answer & graded attempt
Pricing a Tail-End Fund
Medium
A special-situations case common in mature secondaries portfolios.
What makes a tail-end fund interest difficult to underwrite?
Deal Analysis · Private Equity · ~10 minModel answer & graded attempt
The J-Curve and How Secondaries Mitigate It
Medium
The structural argument for the secondaries asset class.
Explain the J-curve. How do secondaries mitigate it, and what does an LP give up in exchange?
Portfolio Construction · Private Equity · ~11 minModel answer & graded attempt
Analysing a Continuation Vehicle
Hard
GP-led deals are now most of the secondaries market, and the conflict is the analysis.
A GP proposes moving its best portfolio company into a continuation vehicle. As a secondaries buyer, what do you assess?
Deal Analysis · Private Equity · ~13 minModel answer & graded attempt
Building a Secondary Downside Case
Hard
Tests whether a candidate can combine valuation and liquidity risk in a fund-level case.
What should a credible downside case include for a secondary portfolio?
Financial Analysis · Private Equity · ~12 minModel answer & graded attempt
Pricing an LP Secondary
Hard
The core analytical exercise on a secondaries team.
An LP wants to sell a $50m NAV position in a 2019-vintage buyout fund. How do you price it?
Deal Analysis · Private Equity · ~13 minModel answer & graded attempt
Practise the Coller Capital set under interview conditions.
Write your answer, get it graded on technical accuracy, completeness and communication, and see exactly which mechanic you missed.
Company tags reflect where a question type is commonly reported in interviews. They are not sourced from, endorsed by, or affiliated with Coller Capital.