LGT Capital Partners announces final close of secondaries fund

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GLOBAL - LGT Capital Partners has closed its Crown Global Secondaries II (CGS II) fund after total subscriptions from pension funds and other investors reached US$1.2bn.

The fund first closed in August 2009, after which LGT increased the target cap from $750m to $1.2bn. LGT has been investing in secondaries for more than 10 years, and over that period has achiev...

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