LGT Opens China Private Equity Hub

Apr 10 2013 | 9:39am ET

LGT Capital Partners has opened an office in China.

The Swiss firm, which bought a Hong Kong-based fund of hedge funds five years ago, will use its new Beijing base as a center for its private-equity business in China, Risk reports. The office and Beijing team are led by Frankie Fang, who has served as the firm's China representative for six years.

"We have been investing in mainland China for almost 10 years, and the new Beijing office reflects this market's growing importance for LGT Capital Partners," LGT managing partner Ivan Vercoutere said. "We see China as a key investment destination and a place to cultivate and service Chinese institutional clients."

LGT has more than US$25 billion in assets under management.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Looking for a way to keep warm during the cold weather or rather alleviate your cold while under the weather?