LGT Asia Pacific

The Princely House of Liechtenstein, through the Prince of Liechtenstein Foundation, controls LGT Group. Prince Max von und zu Liechtenstein serves as chairman of the group. This centralized ownership structure provides permanent capital that does not require periodic fundraising.

LGT Capital Partners is the group's Swiss-based fund-of-funds and secondaries manager, which closed its latest dedicated secondaries vehicle at $4.5 billion in October 2023. LGT Asia Pacific is a Hong Kong-based direct-investment desk with its own deal-approval authority, concentrating on Asia-focused secondary transactions and maintaining separate P&L reporting.

LGT Asia Pacific acquires limited-partner interests in Asia-focused private-equity funds, purchases portfolios of direct stakes from sellers seeking liquidity, and structures GP-led continuation vehicles. The firm operates as both a lead and co-lead buyer on mid-market secondaries, with capital sourced from the princely balance sheet and affiliated private-wealth clients.

The Hong Kong desk is structured as a secondaries specialist. Core activity involves acquiring existing LP positions and structuring GP-led solutions. Primary fund commitments may occur through the separate LGT Capital Partners entity in Switzerland, but the Asia Pacific team's mandate centers on secondary market transactions.

The team invests across Asia-Pacific, with confirmed deal activity spanning China, India, Southeast Asia, and Australia. The Hong Kong base positions it close to the region's largest concentration of private-banking relationships, which generates proprietary LP-seller flow.

Permanent capital from the Princely House of Liechtenstein allows LGT Asia Pacific to execute without the fundraising cycle constraints that blind-pool funds face. This can translate into faster sign-to-close timelines on LP portfolio sales and greater flexibility in structuring GP-led continuation vehicles, where speed and certainty of closure matter to sellers.

LGT's private-banking network in Asia provides a sourcing advantage. Relationship managers who serve ultra-high-net-worth individuals across the region surface LP interests that come up for sale — often single-fund positions that a traditional auction process might not capture. The Hong Kong investment team can evaluate these opportunities alongside institutionally marketed secondary processes.