LGT Capital Partners secures final close of global secondaries fund at $4.5b hard cap

LGT Capital Partners secures final close of global secondaries fund at $4.5b hard cap

REUTERS/Dado Ruvic

Swiss alternative investment firm LGT Capital Partners has announced the final close of Crown Global Secondaries V (CGS V), its fifth private equity investment programme investing globally in secondaries, at a hard cap of $4.5 billion.

Investors included over 100 institutions, including pension funds, endowments, insurers, sovereign wealth funds, family offices, and financial institutions in Europe, the Americas, the Middle East, Asia, Australia, and New Zealand.

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