LGT Capital Partners today announced the launch of a semi-liquid infrastructure vehicle, expanding its existing suite of open-ended offerings in private equity, private credit, hedge funds and multi-alternatives. The strategy builds on the firm’s 26-year track record of managing evergreen portfolios through the LGT Endowment, the firm’s principal investment portfolio launched in 1998.

The evergreen vehicle provides access to the full scale of the firm’s infrastructure deal flow, capitalizing on mega-trends in infrastructure globally. It focuses on value-add investments and builds exposure through secondaries and co-investments, providing diversification and fee-efficiency. At launch, the portfolio will comprise more than USD 280 million in net asset value across over 100 infrastructure assets, with a strong alignment of interest through a significant day-one commitment from the LGT Endowment. The strategy addresses the needs of professional investors and is expected to be invested across Europe and North America, complemented with exposure to the rest of the world. It features regular liquidity, reinvestment of distributions and a shorter duration profile compared to traditional infrastructure fund structures.

André Aubert, Partner at LGT Capital Partners, commented: “We are pleased to offer our clients access to the infrastructure market through our evergreen structure. Building on the growth of the asset class and our expertise in secondaries, this offering provides immediate exposure to a diversified portfolio of infrastructure assets and access to our deal flow of new investment opportunities. By combining our long-standing experience managing the LGT Endowment and our relationships across infrastructure and private markets, we have launched a vehicle that fits seamlessly into our broader platform.”

Brent Snow, Principal at LGT Partners, added: “The launch of this strategy reflects the increasing long-term demand for infrastructure, supported by structural trends such as digitization and energy transition. By drawing on the firm’s data, network and investment experience we intend to deploy capital efficiently to build a diversified portfolio of infrastructure assets.”

LGT Capital Partners manages over USD 80 billion in private markets assets, with a dedicated global private markets team of over 400 professionals leveraging the firm’s scale and global reach to execute on over 2,400 investments to-date.