The alternative investment specialist, owned by Liechtenstein’s princely family, is expanding its operation in the US with an office on the West coast.
The asset management arm of LGT Group is opening an office in San Francisco, effective December 15, it said in an emailed statement Monday.
Through its expanded US presence, LGT Capital Partners aims to offer its global clients more direct access to private market opportunities in the US. The new office will hire staff to work alongside existing professionals, led by partner Martha Heitmann.
25-Year Commitment
The firm, which has $80 billion in assets under management, has been investing in North America since its inception in 1997 and currently has US offices in New York and Raleigh (North Carolina), according to the statement.
