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.

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.

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.

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.

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.