Monday, 24 October 2016
Last updated 1 hour ago
Jan 21 2009 | 2:55am ET
Switzerland’s LGT Capital Partners has closed its first private equity fund dedicated to Asia, which focuses on buyout, growth capital and venture investments in the region.
The firm, which manages some US$18 billion in alternative investment assets, raised US$373 million for the Crown Asia-Pacific Private Equity Fund, which has already made 21 commitments. Crown’s first investments have come in China, India and Japan, and pan-Asia funds.
“Having invested in the Asia-Pacific region since 1998 through our global portfolios, the closing of our first offering dedicated exclusively to making investments in the Asia-Pacific region follows a significant expansion of our team there,” partner Tycho Sneyers told AltAssets.