Media release
LGT Capital Partners expands its semi-liquid open-ended solutions with two private equity and private credit vehicles
Investors have the ability to invest efficiently into LGT Capital Partners’ fully-funded structures alongside the LGT Endowment, the firm’s principal evergreen portfolio.
Pfaeffikon, 8 August 2024. LGT Capital Partners announced having raised over USD 2.0 billion in assets for two of its semi-liquid open-ended investment vehicles. The structures provide institutional investors and wealth management clients access to fully-funded private markets strategies and offer regular liquidity. They leverage LGT Capital Partners’ 25 years of experience in managing evergreen strategies through the LGT Endowment, the firm’s principal investment portfolio launched in 1998.
The open-ended private equity strategy invests through diversified portfolios of secondaries and co-investments. The portfolio has been built up over the last two years, investing after recent private equity market peaks, and today has over 750 underlying portfolio companies. The strategy benefits from the firm’s investment relationships with over 700 private equity sponsors globally.
The private credit strategy invests through a combination of yield-oriented and opportunistic credit, through both corporate and asset-backed strategies. The dedicated credit team benefits from the ability to source investment opportunities from the firm’s broader platform. The multi-strategy offering has a flexible approach to seeking attractive risk-adjusted returns across the credit spectrum.
LGT Capital Partners manages over USD 70 billion in private markets assets, with a global team of over 350 private markets professionals and 15 offices in Europe, the US and Asia. Its private equity and private credit strategies leverage the firm’s scale and global reach.
Sascha Gruber, Partner at LGT Capital Partners, commented: “We are pleased to be able to offer our private markets platform to a wider range of clients through open-ended fund structures. They provide increased flexibility with efficient fee structures and address some of the key challenges of investing in these asset classes. We see growing demand for private markets globally and have launched these funds to improve the accessibility of these asset classes to potential investors. These solutions not only allow investors to benefit from our global private markets platform but also from our 25 years of experience in managing the LGT Endowment.”
LGT Capital Partners
LGT Capital Partners is a leading global specialist in alternative investing with over USD 100 billion in assets under management and more than 700 institutional clients in 44 countries. An international team of 850 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo and Sydney.
Sebastian Kistner
Head of Corporate Communications
IMPORTANT INFORMATION
AuM is estimated and subject to change. Private market assets are stated in terms of committed capital. This marketing material was issued by LGT Capital Partners Ltd., Schuetzenstrasse 6, CH-8808 Pfaeffikon, Switzerland and/or its affiliates (hereafter "LGT CP") with the greatest of care and to the best of its knowledge and belief. LGT CP provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this marketing material are those of LGT CP at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This marketing material is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. This marketing material may not be reproduced either in part or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law.
