
LGT Capital Partners wins £100m mandate
Swiss alternative asset management company LGT Capital Partners has been awarded a £100m mandate from Kingfisher Pension Scheme.
The mandate counts private equity among the nine alternative assets classes it will target. The active management of the portfolio is intended to provide greater flexibility in terms of risk allocation.
In January this year, LGT received a £280m mandate for its multi-alternatives offering from the British Hertfordshire County Council – its largest investment from a UK local authority pension fund.
In February, the firm held a final close of Crown Global Secondaries III (CGS III) on its $2bn hard-cap.
LGT's private equity activity has focused on the industrial sector to date, according to unquote" data. Based in Pfaeffikon, Switzerland, LGT also has offices in North America, Europe and Asia.
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