LGT beats target with €850M European small buyout fund close
What's the deal? LGT Capital Partners has raised €850 million for its seventh dedicated European small buyout fund. The close beat the fund's €800 million target.
What's the endgame? The fund continues LGT's long-running strategy of backing small buyouts across Europe. As its seventh vehicle in the series, it extends a franchise the firm has built over multiple fundraising cycles.
The signal: Beating target in a tough fundraising climate points to sustained investor appetite for Europe's small buyout end — a segment where managers pitch lower entry prices and a wider pool of deals.
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Source: dealroom
