News
LGT Multi-Alternatives Australia Fund and LGT Global Private Equity Australia Fund receive “Highly Recommended” rating by Zenith Investment Partners
In its annual review, Zenith Investment Partners – one of Australia’s leading research houses – has awarded the LGT Multi-Alternatives Australia Fund (LMAAF) with the highest possible rating, “Highly Recommended”, for the third consecutive year. LGT Global Private Equity Australia Fund (LGPE Australia Fund) received its inaugural rating and was immediately awarded the highest possible rating, too.
In its report, published on 18 February 2025, Zenith Investment Partners describes LMAAF as follows: “The Fund provides investors with exposure to a portfolio of private equity, alternative income and liquid alternatives strategies. The firm employs a structured process that combines a strategic asset allocation (SAA) framework with a tactical approach, which captures market dislocations across a range of asset classes. Zenith maintains its high conviction in the strategy, highlighting LGT Capital Partners’ breadth of resourcing across each of the verticals and the intuitive mix of strategies with a focus on controlling downside risk.”
On LGPE Australia Fund, Zenith Investment Partners commented: “The Fund provides investors with exposure to a specialist portfolio of private assets including co-investments and secondaries, held on an unhedged basis. With a focus on small to medium-sized companies and funds, LGT Capital Partners invests with some of the world’s leading general partners (GPs) to access co-investment opportunities and to acquire secondary interests in existing funds. In Zenith's opinion, the quality and depth of LGT Capital Partners’ sourcing platform coupled with the specialist nature of the asset mix, positions the Fund as a highly attractive option in the private assets sector.”
Nathan Pensabene, Principal, said: “We are thrilled that Zenith Investment Partners has awarded two of our funds with the highest possible ‘Highly Recommended’ rating – LMAAF for the third consecutive year, and the LGPE Australia Fund already in the first year after its inception. We are especially pleased that they recognized LGT Capital Partners’ reputation and scale in private markets as a competitive advantage and that the strong alignment with our shareholder, the Princely Family of Liechtenstein, is a unique differentiator.”
LMAAF, which has been established in July 2021, is marketed to wholesale investors based in Australia and New Zealand. The fund invests in a portfolio of alternative investments including private equity, private credit, insurance-linked strategies, real estate, infrastructure and liquid alternatives. The fund is available on AMP North, BT Panorama, Netwealth, HUB24, Praemium and Powerwrap platforms.
The LGPE Australia Fund is a new capability for LGT Capital Partners with the underlying fund launched in early 2024. The semi-liquid private equity strategy invests into a globally diversified portfolio of secondaries and co-investments focused on buyout opportunities. The portfolio has been built up over the last two years, investing after recent private equity market peaks, and today has over 850 underlying portfolio companies. The strategy benefits from the firm’s investment relationships with over 800 private equity sponsors globally. It is marketed to wholesale investors based in Australia and New Zealand and is currently available on Netwealth with plans to add it to additional platforms in the coming quarters.
IMPORTANT INFORMATION
This release is provided for informational purposes only and is not to be construed as solicitation of an offer to buy or sell any financial product. Accordingly, reliance should not be placed on this document as the basis for making an investment, financial or other decisions. Units in the fund may not be offered or sold within the US, or sold to, or for the account or benefit of, any US Persons. The rating is for informational purposes only and should not be construed as an endorsement of LGT Capital Partners or its products. Ratings are not indicative, representative or a guarantee of any investor’s experience with LGT Capital Partners. The rating was based in part on subjective criteria and a limited universe of candidates, and therefore there can be no assurance that a different set of circumstances would not have resulted in a different rating.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (APIR ETL2119AU and ETL2835AU, assigned February 2025) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
