LGT To Buy $350M Asian Fund of Hedge Funds

Apr 17 2008 | 12:08pm ET

Switerland’s  LGT Capital Partners is acquiring KGR Capital, a Hong Kong-based fund of hedge funds with approximately US$350 million in assets under management.

“Acquiring KGR Capital will enable us to build on the success of our current Crown offering by providing clients with a greater selection of Asia-focused hedge fund programs,” Roberto Paganoni, LGT’s CEO, said. “It will also enhance our presence and investment expertise in the region with the addition of 16 Asia specialists from KGR Capital."

KGR was established in 2002 by John Knox, Nicholas George and Christopher Rampton and has offices in Hong Kong and London. The firm's flagship fund, KGR Capital Asia Pacific Absolute Return Segregated Fund, is a multistrategy, multi-manager portfolio of Asian hedge funds. It is also the investment adviser to KGR Absolute Return, a closed-end investment company listed on the London Stock Exchange.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


Hedge Funds Swarm Into Palm Beach

Oct 27 2016 | 2:32pm ET

As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...