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LGT Capital Partners
LGT Capital Partners was founded in 1998 when the Princely House of Liechtenstein separated its institutional alternative-investment capabilities from LGT...
LGT Capital Partners
LGT Capital Partners was founded in 1998 when the Princely House of Liechtenstein separated its institutional alternative-investment capabilities from LGT Bank, making Prince Maximilian chairman and installing a professional management team led by CEO Roberto Paganoni. The wealth originates from the Liechtenstein family, whose principality and banking empire represent one of Europe's oldest continuously held fortunes, dating back centuries. The firm invests across a broad alternative-asset mandate: private equity fund commitments, direct co-investments, private credit, infrastructure equity, real estate, and hedge fund allocations. Its secondaries program, Crown Secondaries, is among the largest European-led platforms, executing LP-led portfolio sales and GP-led continuation vehicles globally. The private equity group backs buyout, growth-equity, and venture funds in North America, Europe, and Asia; confirmed co-investments and secondaries transactions reference companies and GPs across those regions but are not publicly enumerated. Offices in Pfaeffikon, New York, London, Hong Kong, Tokyo, Dublin, and Luxembourg support a client base of institutional investors, pension funds, and sovereign entities alongside the Liechtenstein family's own capital. In January 2025, the firm closed a US private credit co-investment mandate with an unnamed US pension fund, according to public record. The firm's adjacent philanthropic and direct-family structures remain housed within the broader Princely House and LGT Bank. LGT Capital Partners occupies a rare structural position: a manager with anchored family-office capital from a centuries-old European dynasty that also competes for third-party institutional mandates on a global scale. The architecture separates the family's private banking and wealth-management operations from the asset-management business, creating a governance model where the LGT Group chairman role has passed independently of day-to-day investment execution at the alternative-asset affiliate.
General information
Firm type
Generalist
Year founded
1998
AUM
$80B - $100B (Altss estimate)
Location
Region
Europe
Country
Switzerland
City
Pfaeffikon
Corporate office
Pfaeffikon, Switzerland
Additional offices
New York, United States · London, United Kingdom · Hong Kong · Tokyo, Japan · Dublin, Ireland · Luxembourg
Principals
Maximilian of Liechtenstein
Chairman
Roberto Paganoni
CEO
Sector focus
Frequently asked questions
Who runs investment decisions at LGT Capital Partners?
CEO Roberto Paganoni oversees firmwide management, while dedicated investment committees and sector heads execute within private equity, credit, infrastructure, secondaries, and hedge fund strategies. The firm's chairman, Prince Maximilian of Liechtenstein, provides strategic oversight but does not manage day-to-day investment decisions.
Is LGT Capital Partners a single family office?
No. It is a regulated alternative-asset manager that invests capital for the Princely House of Liechtenstein alongside third-party institutional clients, including pension funds, sovereign wealth funds, and insurers. The family's private wealth is also managed separately through LGT Bank.
How does LGT Capital Partners source deal flow?
Sourcing relies on long-standing GP relationships from two decades of primary fund commitments, a proprietary secondaries pipeline through the Crown Secondaries platform, and a dedicated co-investment network. European and North American teams maintain direct contact with sponsors, while Asian offices focus on regional fund commitments and co-investments.
Does LGT Capital Partners participate in fund commitments or only direct deals?
The firm does both. The majority of deployment historically flows into primary private equity fund commitments, complemented by direct co-investments, secondaries, and hedge fund allocations. Private credit and infrastructure strategies also include direct and fund-level exposure.
Where does the underlying wealth come from?
The capital originates from the Princely House of Liechtenstein, one of Europe's oldest reigning dynasties, whose wealth was built over centuries through landholdings, banking, and investments. The family's LGT Group includes both the private bank and the asset-management firm.
What is the Crown Secondaries platform?
Crown Secondaries is LGT Capital Partners' dedicated secondaries strategy, executing LP-led portfolio acquisitions and GP-led continuation fund transactions globally. It is one of the largest secondaries programs led from Europe, targeting buyout, venture, and credit portfolios.
Is LGT Capital Partners related to LGT Bank?
Yes. LGT Capital Partners was spun out of LGT Bank in 1998 to manage alternative investments separately. Both entities remain part of the broader LGT Group, which is ultimately controlled by the Princely House of Liechtenstein through family holding structures.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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