SGT CAPITAL AG

SGT CAPITAL AG

SGT CAPITAL AG is the Swiss single-family office of Thomas Flohr, the Swiss entrepreneur who founded VistaJet in 2004 and built it into one of the world's largest private aviation companies by fleet size. Flohr sold a majority stake to Rhône Group in 2018 at a reported enterprise valuation exceeding $2.5 billion (per Reuters, 2017), retaining a significant minority position and operational control. The office was established in Zug, a low-tax Swiss canton that serves as the jurisdictional base for many European family offices managing concentrated post-exit wealth. The office's investment posture mirrors Flohr's operating background: heavy concentration in aviation-linked credit and equity structures, alongside opportunistic acquisitions of trophy real estate in gateway cities. Known asset-class exposure includes direct aircraft financing, preferred equity in hospitality projects, and fine art — Flohr is a noted collector with works by Andy Warhol and Jean-Michel Basquiat (per Artnet, 2022). Geographic focus centers on Switzerland, London, and New York, where Flohr maintains personal residences and VistaJet's operational hubs. The office operates with a lean structure characteristic of European family offices that co-invest alongside trusted external managers rather than building large in-house investment teams. SGT CAPITAL AG remains closely held with no publicly disclosed AUM, employee headcount, or limited-partner structure. Flohr's wealth is tied to his retained stake in VistaJet and its sister brand XO, which merged under the Vista Global Holding umbrella. The family office does not market to external allocators and has not disclosed adjacent philanthropic foundations or club memberships, though Flohr's aviation interests are well-documented through Vista Global's public regulatory filings in Malta and London. Structurally, SGT CAPITAL AG differs from the typical diversified Swiss family office: it is an operator's vehicle, not a legacy wealth-preservation trust. Flohr maintains operational control over Vista Global while running SGT CAPITAL AG as a parallel balance sheet that recycles aviation proceeds into hard assets — a modern updating of the shipping-family office model that built Swiss private banking a century ago.