LGT unveils semi-liquid non-public equity strategy | Australian Markets
LGT Capital Companions has expanded its semi-liquid offering with the addition of a new non-public equity strategy for wholesale buyers in Australia and New Zealand.
The LGT World Personal Fairness Australia Fund (LGPE Australia Fund), which has been developing its portfolio over the past two years, invests in a globally diversified pool of secondaries and co-investments centered on buyout alternatives.
LGT Capital Companions stated the fund has leveraged a number of latest non-public equity market highs to now maintain over 850 underlying portfolio firms and is backed by the firm’s investment partnerships with more than 800 non-public 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 Companions, stated.
“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 Companions additionally confirmed that of the AUD$1.6 billion raised from wealth managers and institutional buyers across the world, an Australian institutional investor was liable 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, Accomplice at LGT Capital Companions, stated.
“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 presently listed on Netwealth.
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