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LGT Capital Partners raises US$1B for Crown Asia-Pacific Private Equity IV

Swiss private equity firm LGT Capital Partners AG held the final close of its fourth fund investing in the Asia-Pacific region at its hard cap of US$1 billion.

The Crown Asia-Pacific Private Equity IV PLC fund received commitments from more than 50 institutions including pension funds, insurance companies and university endowments in Europe, the U.S., Canada, Australia and the Middle East.