LGT Closes Oversubscribed Europe Small Buyouts VI at €750M

LGT Capital Partners has announced the final closing of its Crown Europe Small Buyouts VI fund with €750M (~$811.8M) in total capital commitments, per an October 28 press release.

The sixth-generation fund was oversubscribed by new and existing investors spanning pension funds, insurance companies, sovereign wealth funds, family offices, and endowments across Europe, the US, and Asia Pacific. It will continue in the approach of its predecessors, seeking investments in highly specialized small and emerging managers and opportunities in secondaries and co-investments with other European private equity managers.

To date, LGT Capital holds more than €21B (~$22.7B) in buyout fund commitments, and houses a European private equity team of 58 professionals from 20 countries.

View the press release here.