The investor base is made up of more than 50 organisations.

LGT Capital Partners, which oversees $60 billion in assets, has held the final close of the Crown Asia-Pacific Private Equity IV, its fourth private equity investment programme investing in the Asia-Pacific region, at the hard cap of $1 billion.

The programme’s investor base consists of more than 50 institutions, including pension funds, insurance companies and university endowments in Europe, the US, Canada, Australia and the Middle East.

“Having been present in the Asia-Pacific region since 1998, we have seen increasing interest from institutional investors in the region. In parallel, the opportunity set of investments has also grown substantially. With CAPE IV, investors gain exposure to a diversified, well balanced portfolio of some of the best private companies in the Asia-Pacific region, acquired via our primary, secondary and co-investment businesses,” Doug Coulter, Hong Kong-based partner at LGT Capital Partners, said.

Based in Pfaeffikon, Switzerland, the firm has offices in New York, Dublin, London, Paris, Vaduz, Dubai, Beijing, Hong Kong, Tokyo and Sydney.