Royal Dutch Shell Plc  .com Rotating Header Image

AltAssets: Coller Capital acquires 45 per cent stake in Shell Technology Ventures Fund I

05/04/2007

Royal Dutch Shell has sold 45 per cent of the newly created Shell Technology Ventures Fund I, an independent energy technology fund, to secondaries specialist Coller Capital. Shell will remain the majority shareholder in the fund.

The new fund will consist of Shell Technology Ventures’ existing portfolio of 34 technology investments. Shell Technology Ventures invests in companies developing technologies for the oil and gas industry.

Jeremy Coller, CEO of Coller Capital, said, ‘Many investors consciously avoid venture capital, but we have always been enthusiasts and have created fruitful partnerships with many of the world’s leading technology players. Shell has an outstanding, globally recognised, R&D capability and we believe that, through this joint venture, we will be able to help them strengthen their lead in technologies for the energy sector.’

Coller Capital has approximately $8bn under management.

Copyright © 2007 AltAssets

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.