Debevoise Advises LGT in $3 Billion Private Equity Secondaries Fund

12 June 2024

Debevoise & Plimpton LLP has advised LGT Capital Partners (“LGT”) in the final close of Crown Secondaries Special Opportunities III (“CSSO III”) at $3 billion, exceeding the original target size of $2.5 billion.

CSSO III is LGT’s third dedicated direct secondaries fund, providing liquidity solutions for private equity-owned companies.

For full details, please see LGT’s press release.

The Debevoise team advising LGT was led by partner John Rife, and included partner Patricia Volhard, international counsel Tom Berry and John Young, counsel Xiao Luo, and associates Louis Liu, Yannis Paradeisiadis and Mathieu Voos. Tax advice was provided by partner Cécile Beurrier.