LGT Capital Partners holds final close of Crown Asia-Pacific Private Equity V at $1.65bn hard cap

Jun 24, 2022 | News

LGT Capital Partners has held the final close of Crown Asia-Pacific Private Equity V (CAPE V) at the hard cap of $1.65bn and above the target fund size of $1bn.

With a focus on the mid-market, CAPE V will continue to build on LGT’s successful track record in the region, deploying capital across a broad range of sectors including healthcare, technology, financial services and industrial/manufacturing.

The fund will target investments in both majority and minority stakes, with a particular focus on control investments.

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LGT has been active in Asia-Pacific since 2005 and has to date raised five dedicated private equity funds totaling over $5bn in commitments. The team comprises more than 40 investment professionals based in Hong Kong, Singapore, Beijing, Mumbai and Melbourne. In total, LGT has raised over $35bn in private equity commitments globally since its foundation in 2000.

The fund’s successful fundraising reinforces LGT’s position as one of the leading asset managers for private equity in Asia-Pacific and globally.

Source: Private Equity Wire

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