New office to serve LGT Capital Partners’ alternative funds
Luxembourg, 31 January 2023. LGT Capital Partners is set to open an administration office in Luxembourg to further enhance its client servicing. The office will serve the Firm’s alternative funds, initially focusing on private equity, with domiciliation, corporate secretary, transfer agency, accounting, and treasury services, and also provide these services to select client entities of LGT Capital Partners. The office is part of the Firm’s fund administration unit, LGT Fund Managers, which currently operates offices in Dublin, Ireland and Bendern, Liechtenstein.
The Luxembourg office will be co-headed by conducting officers Klaudia Jaekel, who joined the Firm in 2021, and Sven Sturzenegger, who joined in 2012. After having received regulatory approval from Luxembourg authorities as of 1 January 2023, the new entity will take office at 21-25, Allée Scheffer in L-2520 Luxembourg as of April 2023.
Klaudia Jaekel, Conducting Officer of LGT Fund Administrators (Luxembourg), commented: "We look forward to expanding into Luxembourg to better serve our growing number of Luxembourg investment entities from a local platform that is well-embedded in our overall fund operating platform."
While serving its clients directly through the new administration office, LGT Capital Partners will continue to work with select third party service providers in Luxembourg.
AuM is estimated and subject to change. Private market assets are stated in terms of committed capital. This marketing material was issued by LGT Capital Partners Ltd., Schützenstrasse 6, CH-8808 Pfäffikon, Switzerland and/or its affiliates (hereafter "LGT CP") with the greatest of care and to the best of its knowledge and belief. LGT CP provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this marketing material are those of LGT CP at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This marketing material is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. This marketing material may not be reproduced either in part or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law.