LGT Private Debt
LGT Private Debt is the direct-lending arm of LGT Capital Partners, operating through its UK-domiciled AIFM entity LGT Private Debt (UK) Ltd (Companies House 08755484, FCA FRN 611379). The division originated from European Capital Fund Management, acquired by LGT Capital Partners from Ares Capital / American Capital in May 2017, and has operated as LGT Private Debt since July 2019. The team, comprising 46 investment professionals, has invested over EUR 6.5 billion across 135+ mid-market European debt transactions since 2005 and arranged Europe's first unitranche transaction in 2007. LGT Private Debt manages the Crown European Private Debt fund series: CEPD I (EUR 473 million, 2016), CEPD II (EUR 1.35 billion, 2017), and CEPD III (EUR 1.2 billion, 2021). The firm targets sponsor-backed mid-market companies with enterprise values of EUR 100-500 million, primarily providing senior secured unitranche and first-lien debt. London office at 1 St James's Market, SW1Y 4AH.
Key facts
Coverage notes
3 funds tracked, 18 portfolio companies (16 active · 2 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund LGT Private Debt has raised, with its portfolio companies. Hand-checked from public filings.
Crown European Private Debt IIIPrivate Debt2021 · 5yr€1.2B7 active
Crown European Private Debt IIPrivate Debt2017 · 9yr€1.4B6 active · 1 realized
Unrealized
6 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| 5asec | Consumer | France | 2020 |
| CIR | Construction | France | 2019 |
| HTBA | Pharma | Spain | 2019 |
| RemadeGroup | TMT | France | 2018 |
| Sateco | Industrials | France | 2019 |
| Verdant Leisure | Consumer | UK | 2019 |
Crown European Private Debt IPrivate Debt2016 · 10yr€474M3 active · 1 realized
Unrealized
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About LGT Private Debt
LGT Private Debt is the European direct-lending platform of LGT Capital Partners with more than €6.4 billion invested across 130 plus arranged mid-market debt transactions over 19 years as of December 2024, headquartered in London. The team has operated in European private debt since 2005 (formerly the Crown / European Capital direct-lending franchise) and arranged Europe's first unitranche transaction in 2007. LGT Private Debt operates as a platform of LGT Capital Partners, ultimately owned by the Princely Family of Liechtenstein.
Investment thesis
LGT Private Debt deploys capital through approximately three plus flagship vehicles (Crown European Private Debt I-III, CEPD III closed at €1.2 billion in 2023, CEPD II at €1.35 billion) plus impact and solutions mandates, targeting direct lending to European sponsor-backed mid-market companies predominantly via senior secured first-lien plus unitranche, with Impact Private Credit and Private Credit Solutions sub-strategies. Sector deployment is sector-agnostic sponsor-led lending across defensive mid-market businesses, services, healthcare, industrials and consumer. Geographic deployment is pan-European focused on companies with enterprise values of €100-500 million.
Recent activity
As a direct-lending platform, the loan portfolio is self-liquidating via repayments rather than equity exits. Recent financings include new senior secured and unitranche financings to European mid-market sponsor-backed companies (2024-2025). The platform continues active deployment across the European mid-market direct-lending mandate. Detailed buyer names and multiple data available on Pro at €29/month.
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