Liechtenstein Royals' Firm Starts Evergreen Hedge Fund Vehicle.

LGT Capital Partners, an alternative investment firm owned by the royal family of Liechtenstein, is launching a new hedge fund vehicle that allows institutional investors and wealthy individuals to invest in the same strategies used by the family's endowment. The fund plans to invest in over 30 hedge fund managers globally, aiming to deliver absolute returns with downside risk mitigation in any market environment. LGT Capital currently manages over $100 billion across various strategies and has more than $7 billion in its hedge fund portfolios. The LGT endowment's hedge fund strategies have reportedly had an average annual return above the risk-free rate. [Extracted from the article]