The next generation of great private equity firms is being built right now. We don't just back them. We help them build.
Seneca Street is a London-based private equity firm providing hybrid capital and operational support to emerging private equity managers raising their first, second or third institutional fund.
Seneca is a spinoff from Coller Capital and Ares Management.
What we do →Global private capital AUM by 2029
LP commitments are to mega funds
Of the time over 28 years, emerging managers have outperformed established funds
Sources: Preqin, BurgissAt both the management company and fund level - structured capital designed around each manager's specific needs, from early-stage capital through growth and secondaries
We work alongside our managers on finance, compliance, investor relations and fundraising - the infrastructure that lets them focus on investing
Hybrid capital solutions market by 2030, up 2x from $15B today
Median time for specialist emerging managers to return 1x DPI to LPs - approximately 15 months faster than established peers
Median net IRR - PE funds under $250M had 26% median net IRR vs. 15% for $1B+ funds
Investing in private equity and structuring hybrid capital since 1995. First equity secondaries in 2001. First credit secondaries in 2015. We have seen many cycles and built through most of them.
Private equity: advised from $200M to $2B AUM. Venture capital: advised from $1B now $100B AUM. Private credit: built from $0 now $4B and from $0 now $70B AUM. Two hybrid capital investments sourced and completed with Ares in 2024.
Two decades of global GP and LP relationships - built at the highest levels of the industry. We don't compete for deals. We create them.
We work with a small number of managers at any one time - depth over breadth, always
We believe in doing business in a first-class way with first-class people - in how we invest, how we operate, and how we treat everyone we work with
We have been in the founder's shoes - co-founding two private equity funds now both managing over $4B in AUM. The same commitment that got one of our co-founders to the summit of Everest and all Seven Summits drives everything we do.
We lead with our values and behaviours. Ask us about them.
If you're an emerging manager looking for a true partner, or an LP seeking differentiated access - we'd like to hear from you.
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