LGT Capital Partners, the global multi-alternatives investment platform, has announced the final close of its first dedicated impact-focused private equity fund after drawing heavy oversubscription from a diverse global investor base.

The firm’s new Crown Impact vehicle, which is an Article 9 fund under SFDR, closed with final capital commitments of US D550 million – significantly exceeding its initial target size of USD 350 million, by almost 60 per cent, as a result of strong investor demand and the rapidly growing opportunity set in the impact investment area.

LGT is the largest Private Banking and Asset Management group in the world to be owned by an entrepreneurial family. LGT Capital Partners is wholly-owned by LGT and responsible for the investment management for institutional clients and public funds.

Read full article:

https://www.institutionalassetmanager.co.uk/2022/06/20/310014/lgt-capital-closes-first-impact-pe-fund-usd550-million-after-high-investor-demand