LGT unveils semi-liquid private equity strategy

LGT Capital Partners has expanded its semi-liquid offering with the addition of a new private equity strategy for wholesale investors in Australia and New Zealand.

The LGT Global Private Equity Australia Fund (LGPE Australia Fund), which has been developing its portfolio over the last two years, invests in a globally diversified pool of secondaries and co-investments focused on buyout opportunities.

LGT Capital Partners said the fund has leveraged several recent private equity market highs to now hold over 850 underlying portfolio companies and is backed by the firm’s investment partnerships with more than 800 private equity sponsors.

“After the launch of our semi-liquid multi-alternatives fund for Australian and New Zealand investors in 2021, we are pleased to be able
to offer our private equity platform to a wider range of clients through a semi-liquid fund structure,” Nathan Pensabene, Principal at LGT Capital Partners, said.

“We see growing demand for more flexible private equity investment solutions and have launched the new fund to improve the accessibility of the asset class to potential investors.”

LGT Capital Partners also confirmed that of the AUD$1.6 billion raised from wealth managers and institutional investors around the world, an Australian institutional investor was responsible for injecting AUD$150 million to develop its Australian feeder fund.

“We currently see many opportunities to invest in private equity. Our new semi-liquid strategy provides access to a global set of high-quality opportunities in secondaries and co-investments,” Pauline Wetter, Partner at LGT Capital Partners, said.

“These are sourced from our extensive network of managers that we have built over more than 25 years and are carefully selected by our strong team to create a broadly diversified, global portfolio.”

The LGPE Australia Fund is currently listed on Netwealth.