The CV acquired interests in three transformative companies with strong growth trajectories from Multiples Fund II, alongside additional follow-on capital. Vastu Housing Finance Corporation is one of India’s leading affordable housing finance companies with the mission to make home ownership accessible across the country. Quantiphi is a digital engineering company that helps Indian businesses to unlock new possibilities through artificial intelligence. APAC Financial Services is an emerging financial services platform in India that provides loans to underserved micro, small and medium-sized enterprises.

Brooke Zhou, Partner at LGT Capital Partners, said: “We are pleased to partner with Multiples Alternate Asset Management to support the future growth journey of Vastu Housing Finance Corporation, Quantiphi and APAC Financial Services. LGT Capital Partners has been at the forefront of the growing secondaries market in Asia, and India is one of our key markets where we deployed substantial capital and built many long-term relationships. We look forward to pursuing further opportunities here.”

LGT Capital Partners has been investing in the secondaries market for over 20 years, with more than 450 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 comprise a total of more than 100 individuals.