LGT Capital Partners has held the final close of Crown Secondaries Special Opportunities II (CSSO II), its second dedicated direct secondaries fund, with total subscriptions of USD1.57 billion.
Launches & Fundraising
In response to increasing demand for investments in transformational megatrends, Vontobel is expanding its suite of thematic funds for professional investors with the addition of a multi-theme equity fund.
BNP Paribas Asset Management (BNPP AM) has launched the BNP Paribas Multi-Asset Thematic, an innovative fund investing across BNPP AM’s range of thematic strategies.
Schroders and BlueOrchard, an emerging markets impact specialist and a member of the Schroders Group, have continued their strong collaboration with the launch of a climate impact strategy targeting positive environmental change in emerging markets.
BlackRock Real Assets achieves a USD1.67bn final fundraise for inaugural global infrastructure global debt strategy
BlackRock Real Assets has achieved a USD1.67 billion final fundraise for the Global Infrastructure Debt Fund (GID), inclusive of USD150 million in co-investments. The fund has seen commitments from over 20 institutional investors, including leading global insurance companies, public and private pension funds, and family offices, from the United States, Canada, Japan, and Korea, representing more than three times the initial fundraising target.
Ogier's listed funds team in Guernsey has advised on the successful secondary fundraisings by three of its listed funds clients in as many months.
Vontobel has expanded its suite of sustainable funds with the addition of a new global impact equity fund. This will be managed by newly-appointed Elena Tedesco, a highly experienced Portfolio Manager who further strengthens Vontobel’s growing Listed Impact team.
LBO France is expanding beyond its existing private equity business with the launch of a new listed investments business via France Développement.
BNP Paribas Asset Management (BNPP AM) has launched BNP Paribas Ecosystem Restoration, a thematic fund offering exposure to companies engaged in the restoration and preservation of global ecosystems and natural capital.
EFG Asset Management (EFGAM) has added to its UCITS range with the launch of the New Capital Healthcare Disruptors Fund.