Invesco Teams With LGT on Private Markets for US Retail

(Bloomberg) --Invesco Ltd. is taking another step to expand its presence in private markets, teaming up with LGT Capital Partners on portfolios of alternative assets for US retail and retirement investors.The plan will cover private equity, credit and infrastructure assets as well investments in the market for secondary stakes, the firms said Monday in a statement. It’s at least the second partnership Invesco has struck since late April, when the Atlanta-based firm that manages $2.1 trillion of client asset ...