
LGT closes fourth Asia fund-of-funds at $1b

LGT Capital Partners has closed its fourth Asia Pacific fund-of-funds at the hard cap of $1 billion. It had initially targeted a final close in October 2020.
Crown Asia Pacific Private Equity IV (CAPE IV) achieved a first close in April last year of $650 million, including a $125 million commitment from Employees Retirement System of Texas, according to AVCJ...
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