LGT Capital Partners

LGT Capital Partners

LGT Capital Partners was founded in 1998 as the global investment management subsidiary of LGT Group, the private banking and asset management group owned by the Princely Family of Liechtenstein. The firm's ultimate wealth origin traces to the Liechtenstein dynasty, a princely family whose financial holdings include the LGT banking group, established in 1921. Unlike most single-family offices turned asset managers, LGT Capital Partners operates as a regulated investment firm serving institutional clients worldwide. The firm's strategy spans five asset classes: private equity (buyout, growth, venture), private credit (direct lending, mezzanine, distressed), real estate, infrastructure, and hedge funds. It invests through primary fund commitments, secondary purchases, co-investments, and direct deals. Notable portfolio positions have included investments in companies such as Hexagon, a global industrial technology company, and BioNTech, the biotechnology firm behind COVID-19 vaccines. Geographic coverage includes Europe, North America, Asia-Pacific, and select emerging markets, with offices in Pfäffikon (Switzerland), London, New York, Hong Kong, Tokyo, and others. As of 2024, LGT Capital Partners reported approximately $90 billion in assets under management across its investment programs, employing over 550 professionals globally. The firm's organizational structure includes LGT Capital Partners (Ireland) Limited as a regulated entity in Dublin, serving as a base for European fund administration and distribution. In addition to its investment management operations, the firm operates the LGT philanthropic foundation, which manages charitable giving for the Liechtenstein family, though governance is formally separated from investment decisions. A recent operational event: May 2024: Launched LGT Capital Partners' sixth secondary private equity fund at a $3.5 billion hard cap (per the firm, May 2024). The firm's structural differentiator lies in its dual identity as both a fiduciary asset manager for third-party clients and the primary investment vehicle for the Princely Family of Liechtenstein. This creates a unique alignment of interests — the family's own capital commingles alongside external investors in most strategies, and the firm's governance includes family representation while maintaining institutional investment processes. The succession structure is embedded: the Liechtenstein family retains ultimate ownership through LGT Group, with professional management (CIO, CEO) running day-to-day investment operations, distinct from the governance role of the royal family.