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LGT Capital Partners announced raising $373 million at the close of Crown Asia Pacific Private Equity plc. The program (private equity investment) is dedicated to gathering funds for the Asian-Pacific region. These also include buyout, growth capital, and venture strategies. Tycho Sneyers, a partner of LGT stated:

Having invested in the Asia-Pacific region since 1998 through our global portfolios, the closing of our first offering dedicated exclusively to making investments in the Asia-Pacific region follows a significant expansion of our team there. LGT Capital Partners currently employs some 20 professionals based in Hong Kong and Tokyo, who manage our Asia-focused private equity and hedge fund portfolios and provide client service. Our firm has made a significant commitment to the region as we are convinced of the investment opportunities.