Crown Global Secondaries V’s $4.5 Billion Fundraising

Debevoise & Plimpton LLP advised LGT Capital Partners on the deal.

LGT Capital Partners announced the final close of Crown Global Secondaries V (CGS V), its fifth private equity investment program investing globally in secondaries, at the hard cap of USD 4.5 billion. The program’s investor base consists of more than 100 institutions, including pension funds, endowments, insurers, sovereign wealth funds, family offices and financial institutions in Europe, the Americas, the Middle East, Asia, Australia and New Zealand.

LGT Capital Partners is a leading, global specialist in alternative investing. LGT is represented in more than 20 locations in Europe, Asia and the Middle East. The family-controlled business has been managed by the Princely Family of Liechtenstein for over 90 years and has extensive experience in the management of family assets and alternative investments. 

The Debevoise team advising LGT was led by partner John Rife (Picture) and international counsel Delphine Jaugey, and included partner Patricia Volhard, international counsel Jin-Hyuk Jang and John Young, and associates Harry Just, Louis Liu and Xiao Luo. Tax advice was provided by partner Cécile Beurrier, and associates Heather Atkins, and Patrick Fasoro.

Involved fees earner: Heather Atkins – Debevoise & Plimpton; Cécile Beurrier – Debevoise & Plimpton; Patrick Fasoro – Debevoise & Plimpton; Jin-Hyuk Jang – Debevoise & Plimpton; Delphine Jaugey – Debevoise & Plimpton; Harry Just – Debevoise & Plimpton; Louis Liu – Debevoise & Plimpton; Xiao Luo – Debevoise & Plimpton; John Rife III – Debevoise & Plimpton; Patricia Volhard – Debevoise & Plimpton; John Young – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: LGT Capital Partners AG;

Author: Federica Tiefenthaler