Alternative investment specialist LGT Capital Partners has completed the acquisition of European Capital Fund Management, a London- and Paris-based private debt manager, from Ares Capital.
European Capital’s funds will remain managed by the same team led by Matthew Gordon Clark, Etienne Haubold, Stéphane Legrand and JC Morales Cortes.
The European Capital team now constitutes the new private debt competence centre of LGT Capital Partners.
With all legal and regulatory approvals obtained, LGT Capital Partners’ acquisition of European Capital, announced in March 2017, was completed on 31 May 2017. The European Capital team of more than 28 specialists can now be integrated into LGT Capital Partners as the private debt investment competence centre.
“We are pleased to have completed this transaction in a timely manner and to welcome our new, very experienced colleagues at LGT Capital Partners. We are looking forward to inform our clients about our European private debt offering and the team’s strong track record,” says Roberto Paganoni, CEO of LGT Capital Partners.
“Now as the team is on board the LGT Capital Partners’ platform, we can combine forces to achieve further growth in this asset class,” says JC Morales Cortes, partner of European Capital.
