Swiss alternative asset management firm LGT Capital Partners has held a first close on $2.5bn for its fourth dedicated secondaries vehicle, Crown Global Secondaries IV.
Launched in December 2015, the closed-ended vehicle has a $2.5bn target and focuses on acquisitions of private equity secondaries stakes globally. According to a statement, the GP expects to hold a final...
Venture capital firms originally invested in the company in 2011 and 2014 respectively
Fund manager Quaestus exits its stake in the Croatian business after an eight-year holding period
Proposed deal for the aluminium profiles manufacturer comes just two years after Advent's acquisition
Deal marks first investment by small-cap buyout fund Crescendo, which held a €42m first close this year