Media release

LGT Capital Partners acts as lead investor in a large secondary transaction in Italy alongside Fondo Italiano d’Investimento

LGT Capital Partners acted as the lead investor alongside Committed Advisors in a transaction to transfer ten funds from UniCredit to Fondo Italiano d’Investimento. The portfolio, which focuses on the Italian market, represents a total commitment of EUR 215 million and includes more than 50 underlying companies.

Pfaeffikon, 19 November 2024. The closing of this secondary transaction is an important milestone for the Italian private equity secondaries sector, which has seen limited activity at scale to date. The transaction represents a step towards fostering the growth of local secondary market solutions, accelerating liquidity and broadening opportunities for both investors and market participants.

André Aubert, Partner at LGT Capital Partners, said: “LGT Capital Partners has been at the forefront of the evolving secondaries market for more than two decades, and we are pleased to have a key role in a large secondary private equity transaction in Italy. European mid-market buyouts, such as those in this transaction, are an important cornerstone of our strategy. Following our successful collaboration with Fondo Italiano d’Investimento, we look forward to pursuing further opportunities in the Italian market in the future.”

LGT Capital Partners has been investing in the secondaries market for over 20 years, with more than 430 transactions completed to date. The Secondaries team has dedicated investment professionals in offices in Pfaeffikon (Zurich area), London, New York, Hong Kong and San Francisco, and it can leverage the capabilities of LGT Capital Partners’ overall Private Markets investment teams, which comprises a total of more than 100 individuals.

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.

Kistner_Sebastian

Sebastian Kistner

Head of Corporate Communications

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