LGT Raises US$373M For First Asia Fund

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.


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...