LGT Capital Companions has launched a semi-liquid, open-ended non-public credit score automobile to make it simpler for traders to entry the asset class.
The non-public credit score fund invests in a mix of yield-oriented and opportunistic credit score, by way of each company and asset-backed methods. Offers might be sourced from the agency’s wider platform.
The choice asset supervisor has additionally launched a semi-liquid, open-ended non-public fairness automobile, which invests by way of diversified portfolios of secondaries and co-investments.
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LGT Capital Companions mentioned that the constructions present institutional traders and wealth administration purchasers with simpler entry to personal markets methods and provide common liquidity.
“We’re happy to have the ability to provide our non-public markets platform to a wider vary of purchasers by way of open-ended fund constructions,” mentioned Sascha Gruber, accomplice at LGT Capital Companions.
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“They supply elevated flexibility with environment friendly price constructions and deal with a few of the key challenges of investing in these asset courses. We see rising demand for personal markets globally and have launched these funds to enhance the accessibility of those asset courses to potential traders.”
LGT Capital Companions manages over $70bn (£55.2bn) in non-public markets belongings. Its principal funding portfolio is the LGT Endowment, an evergreen fund launched in 1998.
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