LGT Capital Partners, the global alternative investment manager, has signed an agreement with HSH Nordbank AG to acquire EUR369 million of original commitments from 29 different limited partnerships focused on European small and mid-market buyout funds.
The portfolio is a strong complementary fit to LGT Capital Partners’ leading position in the European small and mid-market segment.
Ivan Vercoutere, Partner at LGT Capital Partners, says: “LGT Capital Partners’ strong coverage and knowledge of the European small and mid-market buyout space was instrumental in securing the acquisition of this high quality portfolio of assets. It confirms our leading position in this segment of the private equity market that has proven more resilient and continues to perform strongly with attractive returns.”
LGT Capital Partners has completed over 35 secondary transactions in the last 12 months, totalling over USD 1.0 billion in transaction value, including this transaction.
