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LTS Wealth Management
LTS Wealth Management was established to steward the capital of the Schinasi family, whose wealth originated with the Egyptian cigarette manufacturing...
LTS Wealth Management
LTS Wealth Management was established to steward the capital of the Schinasi family, whose wealth originated with the Egyptian cigarette manufacturing empire founded by Sephardic Jewish entrepreneur Maurice Schinasi in the late 19th century. The family's tobacco business, which produced the globally distributed 'Schinasi' brand, was sold to the American Tobacco Company in the early 20th century, generating a durable pool of capital that has since been managed across generations. Leonida Travaglini Schinasi, a direct descendant, runs the London office today. The firm invests across private equity, venture capital, and real estate, with a particular focus on European and select North American opportunities. Its direct investing approach favors control or significant minority positions in operating businesses and property assets. Real estate holdings have historically concentrated on prime central London residential and commercial properties. The venture portfolio extends to early-stage and growth-equity technology companies, though specific named portfolio positions remain closely held and are not publicly marketed. LTS operates with a deliberately low profile. The firm does not maintain a public website detailing its strategy or personnel, nor does it participate in the conference circuit or quarterly reporting cycles that characterize institutional managers. This discretion is common among European family offices managing inherited wealth, where longevity and capital preservation take precedence over asset gathering or peer benchmarking. Professional headcount and total deployment figures are not publicly disclosed. Structurally, LTS functions as a pure single-family office — it manages capital exclusively for the Schinasi family and does not open its vehicles to outside investors. This insulation from external LP pressures allows the office to underwrite idiosyncratic, multi-decade bets that institutional funds with quarterly redemption or reporting requirements cannot replicate. The absence of a fundraising imperative shapes every investment decision, from holding periods to governance terms.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Principals
Leonida Travaglini Schinasi
Founder & Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at LTS Wealth Management?
Leonida Travaglini Schinasi serves as Founder and Managing Partner, overseeing the firm's investment activities from London. She is a direct descendant of Maurice Schinasi, who founded the family's Egyptian cigarette manufacturing business in the late 19th century. The office operates with a lean structure typical of single-family offices, where the principal maintains authority over capital allocation decisions.
Where does the underlying wealth come from?
The Schinasi family fortune originates from the Egyptian cigarette manufacturing industry. Maurice Schinasi, a Sephardic Jewish entrepreneur born in the Ottoman Empire, founded the business and built the 'Schinasi' brand into an international product distributed across Europe and the United States. The family sold the tobacco business to the American Tobacco Company in the early 20th century, creating the capital base now managed through LTS Wealth Management.
Is LTS Wealth Management structured as a single family office or a multi-family office?
LTS operates exclusively as a single-family office, managing capital solely for the Schinasi family. It does not accept external investors, open its investment vehicles to third parties, or provide wealth management services to other families. This structure isolates the office from the fundraising cycle and external LP reporting obligations that shape decision-making at multi-family offices and institutional asset managers.
What is LTS Wealth Management's known posture on co-investments alongside external GPs?
LTS does not publicly disclose its co-investment practices. Single-family offices of its profile typically evaluate co-investment opportunities on a deal-by-deal basis, often leveraging relationships with private equity sponsors who value family office capital for its patient tenure and lack of fund-life constraints. Without a public-facing investment team or marketing presence, any co-investment activity would be sourced through private networks rather than open processes.
Does LTS Wealth Management participate in fund commitments or only direct deals?
The firm's investment activity spans direct deals in private equity, venture capital, and real estate. While the precise mix between direct investments and fund commitments is not publicly disclosed, European single-family offices with similar profiles commonly maintain a barbell approach — direct control positions in real estate and operating companies on one end, and commitments to third-party venture and private equity funds on the other, particularly in geographies or sectors where building an in-house sourcing edge is impractical.
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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