Thu, Aug 11, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

LGT Capital Partners soars past Crown Asia-Pacific Private Equity V target to strike $1.65bn hard cap

Friday, June 24, 2022

Laxman Pai, Opalesque Asia:

Swiss alternative investment specialist LGT Capital Partners has held the final close of its fifth Asia Pacific fund-of-funds at a hard cap of $1.65 billion, which exceeded the $1 billion target.

The largest family-owned private banking and asset management group in the world said in a press release that the fund, Crown Asia-Pacific Private Equity V (CAPE V), attracted commitments from more than 50 institutions, including pension funds, insurance companies, university endowments, and foundations in Europe, the US, Canada, Australia, and the Middle East.

Doug Coulter, a Hong Kong-based Partner at LGT Capital Partners, said: "We have seen strong growth in the private equity asset class in the Asia-Pacific region over the past decade, and institutional investors remain focused on building their exposure to the region across vintage years. With CAPE V, investors benefit from a balanced, well-diversified portfolio of private companies across the region, acquired via our primary, secondary, and co-investment platforms."

"With CAPE V, we are making investments that are benefiting from the continued improvement in household incomes across emerging Asia while also offering investors balanced exposure to the more mature private equity markets in the region," said Ivan Vercoutere, a Managing Partner at LGT Capital Partners.

"Our longstanding relationships with the best managers across Asia provide us with the quality and quantity of deal fl......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  2. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  3. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  4. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  5. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: Castle Hall, the Du