LGT Capital Partners, the Swiss based alternative investment manager and subsidiary of Liechtenstein Global Trust, has announced a final closing at EUR800m for Crown European Buyout Opport
LGT Capital Partners, the Swiss based alternative investment manager and subsidiary of Liechtenstein Global Trust, has announced a final closing at EUR800m for Crown European Buyout Opportunities II, a private equity investment programme focusing on European small buyout funds.
The fund, which has already made commitments exceeding EUR240m to 10 private equity funds, has an investor base including pension funds, insurance companies and foundations from Europe, North America, the Middle East, Japan, South-East Asia and Australia.
Tycho Sneyers, a partner at LGT Capital Partners, says: ‘The combination of the excellent track record of the predecessor fund, and LGT Capital Partners’ ability to select and gain access to the most attractive opportunities in the small buyout segment in Europe, resulted in significantly more demand for the fund than we could accommodate.’
LGT Capital Partners is an institutional alternative asset and fund of funds manager, currently managing more than USD15bn in hedge fund and private equity investments globally. LGT Capital Partners’ team of over 110 professionals with 25 nationalities is responsible for the investment management of the Castle and Crown alternative investment programs. The firm is headquartered in Pfaeffikon in Switzerland and has offices in New York, Dublin, Hong Kong and Tokyo.
