Debevoise & Plimpton LLP has advised LGT Capital Partners in the final close of its flagship secondaries fund, Crown Global Secondaries VI (“CGS VI”), at more than $7 billion, exceeding the original target size of $6 billion.

CGS VI aims to build a broadly diversified portfolio of private equity assets, acquired through limited partnership interests and complex fund solutions.

LGT Capital Partners has been investing in the secondary market for more than 20 years with more than 430 transactions completed to date.

For full details, please see LGT Capital Partners’ press release.

Debevoise has previously advised LGT Capital Partners in a number of successful fund raisings, including its $3 billion Crown Secondaries Special Opportunities III fund earlier this year (see detail here).

The Debevoise team advising LGT Capital Partners was led by partner John Rife, and included international counsel Tom Berry and associates Miles Aho and Louis Liu. Regulatory advice was provided by partner Patricia Volhard, international counsel John Young and associate Alfred Scott. Luxembourg legal advice was provided by international counsel Christopher Dortschy and associates Matthieu Voos and Lucas Ott. Tax advice was provided by partner Cécile Beurrier and associate Weichi Liu.