Sunday, 29 November 2015
Last updated 1 day ago
Sep 20 2010 | 1:29am ET
Times are tough for alternative investment firms looking to raise money. LGT Capital Partners hasn’t noticed.
The Swiss hedge fund and private equity firm has boosted its assets by more than a quarter over the past two years, raising some US$4 billion.
LGT alone accounts for almost half of the €2 billion raised this year by funds of private equity funds, pulling in €562 million for its Crown Premium IV fund and €429 million for its Crown Europe Middle Market II fund.
“We focus on smaller and mid-market funds which were less impacted by the crisis, whereas some investors were overweight towards mega-buyout funds,” partner Tycho Sneyers told Financial News. “Our strategy has helped keep returns at a steady level and attracted further investment.”
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…