Media release
LGT Capital Partners closes Crown Europe Small Buyouts VI at over EUR 750 million
LGT Capital Partners has completed the final close of the Crown Europe Small Buyouts VI (CESB VI) fund at more than EUR 750 million, exceeding the original target size. Leveraging the firm’s 25 years of experience in private equity investments, the sixth dedicated European small buyout fund focuses on access-constrained and highly specialized European private equity managers.
Pfaeffikon, 28 October 2024. With CESB VI, LGT Capital Partners is continuing its longstanding strategy of investing in highly specialized small and emerging managers. These primary fund commitments are complemented by secondary transactions and co-investments, leveraging the firm’s global platform and deep relationships with private equity fund managers.
CESB VI has seen sustained demand from both existing and new investors. The program’s investor base consists of pension funds, insurance companies, sovereign wealth funds, family offices and endowments from Europe, the US and Asia Pacific.
Cem Meric, Partner at LGT Capital Partners, said: “Over the last 25 years, we have built the expertise and capital base that allow us to identify and invest with some of the strongest private equity managers in Europe. This resulted in the successful fundraising for CESB VI, and we would like to thank our global investors for their trust in us.”
Dominic Abt, Principal at LGT Capital Partners, added: "The European private equity ecosystem for smaller deals remains highly fragmented. Combined with the structural advantages of buying companies at more conservative valuations, this has allowed for a vibrant market for deal-making and exits despite subdued conditions in the broader private equity market.”
LGT Capital Partners has a long track record of investing in European buyouts, with more than EUR 21 billion committed since 1998. The European private equity team comprises 58 investment professionals from 20 different nations, giving it a deep understanding of local dynamics within its focus regions.
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.
