Alternative investment LGT Capital Partners has opened a new office in Beijing to serve as a hub for the firm’s private equity investment activities in mainland China. LGT managing partner Ivan Vercoutere said, “We have been investing in mainland China for almost 10 years, and the new Beijing office reflects this market’s growing importance for LGT Capital Partners. LGT has over USD 25 billion in assets under management and more than 300 institutional clients. Headquartered in Pfaeffikon, Switzerland, the firm has offices in North America, Europe and Asia.