LGT Capital Partners announced that it has completed the final closing of its flagship secondary fund, Crown Global Secondaries VI (CGS VI), exceeding its initial target size of $6 billion.
CGS VI leverages its investment strategies, which have been successful in previous secondary funds, to build a broadly diversified portfolio of private equity assets acquired through limited partnership interests and complex fund solutions. We are aiming for The fund received strong support from existing and new investors.
LGT Capital Partners leverages its global investment platform, established relationships and over 20 years of secondary market investment experience to build a portfolio of over 1,500 underlying companies for CGS VI investors It’s planned. CGS VI concentrates on high-conviction managers with high-quality underlying assets acquired through trades with favorable trading dynamics.
CGS VI is a global program that can acquire nearly any type of private asset, focusing on buyouts, growth stocks, and venture capital. Regionally, CGS VI leverages the market coverage of LGT Capital Partners’ portfolio of more than 3,000 private market funds to invest in developed economies as well as emerging markets.
LGT Capital Partners has been investing in the secondary markets for over 20 years and has completed over 430 transactions to date. The Secondaries team has dedicated investment professionals in offices in Pfäffikon (Zurich region), London, New York, Hong Kong and San Francisco, allowing you to leverage the capabilities of LGT Capital Partners’ entire private markets investment team. Over 100 people.
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“We are grateful for the long-term trust and continued strong support our investors have placed in us and our secondary platform. The dynamic environment for liquidity solutions in the private equity market reflects the attractive opportunities and strong performance we have continued to offer across the secondary market cycle over the years, across geographies, sectors and deal types. We continue to see high levels of deal flow.”
-Ivan Vercoutère, Managing Partner and CIO, LGT Capital Partners
“We are very pleased with the strong demand and support for CGS VI. This is a testament to our established track record and ability to invest capital across portfolios of private equity funds and more complex GP-led transactions. ” We have benefited from the growth of the GP-led market, which currently accounts for approximately 40% of the US$130 billion secondary market, and continue to invest aggressively across transaction types. Our experience in providing solutions to investors and general practitioners allows us to find quality deals in an ever-growing market. ”
-Andre Aubert, Partner and Co-Head of Secondary, LGT Capital Partners
