Kranz & Co.

Kranz & Co.

Kranz & Co. was founded on July 1, 2000, and secured its independent asset management license from Liechtenstein's FMA on July 4, 2006. Since 2024, it has operated as part of Anchorage Group, a London-founded geopolitical and strategic consultancy built by CEO Roberto Pucciano. The group expanded from pure advisory into a broader platform that includes mergers and acquisitions, restructuring and turnaround, investment and fund management, legal services, public relations, and property management, alongside a dedicated art division — a configuration that gives Kranz & Co. an unusual operational perimeter for a Liechtenstein-regulated entity. Strategy leans on the Anchorage Group's advisory DNA, with the asset management arm executing across hedge funds, private credit, real estate, and special situations. The firm structures its investments through direct fund management capabilities and proprietary deal flow sourced from its consultancy and restructuring practices. The group's M&A and turnaround mandates create a pipeline of distressed and event-driven opportunities that most standalone asset managers in the region cannot access. Geographic focus centers on Europe, with the Liechtenstein base serving continental clients and the London headquarters anchoring UK and international deal flow. Kranz & Co. does not publicly disclose assets under management or headcount, consistent with its structuring as a privately held component of a larger group. Executive management runs lean: CEO Michael C. Thalmann also sits on the board, with CFO Davide Cognolato and an executive investment committee that includes Fedele Cova. The firm added a dedicated gold investment specialist, Manuell Zoppi, to its staff, signaling a tangible allocation to precious metals. Operationally, in 2024 the entity formally consolidated into Anchorage Group, shifting its legal and strategic identity to align with the broader London-based platform. Structurally, Kranz & Co. is rare among Liechtenstein's asset managers. It is not a standalone fiduciary shop but the regulated investment arm of a consultancy group with in-house legal, communications, and real asset capabilities — a model that resembles a merchant-banking mini-conglomerate. This architecture allows it to originate deals from within the group's advisory and turnaround workflows, then house the resulting assets inside its own FMA-regulated structure, sidestepping the typical separation between advisory and principal investing.