LGT Capital Partners Raises €500 Million For European Buyout Programme

Tom Burroughes

10 February 2016

, which is headquartered in Switzerland, has announced the final closing of its Crown Europe Middle Market III investment programme that is focused on European middle market buyouts. Total subscriptions stand at €500 million ($563 million).

The programme’s investor base consists of 34 institutions from Australia, Belgium, Japan, South Korea, the Middle East, the Netherlands, Spain, Sweden and Switzerland. CEM III has already committed €237 million to nine private equity funds on a primary basis, seven secondary transactions and five co-investments.

Overall, LGT Capital Partners has had $4 billion of net asset inflows into its investment programmes in 2015. In total, the business has more than $50 billion in assets under management and more than 400 institutional clients. It operates in a number of jurisdictions around the world. It is a distinct and separate institution from LGT, the Liechtenstein-headquartered private banking group.