After the closing of LGT Capital Partners’ inaugural CLO in September 2025, Legato 2 marks the firm’s second CLO transaction. It was arranged by Barclays and attracted orders from both existing and new investors, reflecting continued market confidence in the Legato platform and its investment approach. The CLO features a 1.5-year non-call period and a 4.5-year reinvestment period.

The Legato platform continues to build on LGT Capital Partners’ longstanding experience in the CLO market. Having invested in CLOs for more than a decade as both a limited partner and direct investor, the firm now manages its own European CLO portfolios, drawing on this expertise to navigate a range of market environments. Launched in 2025, the Legato platform utilizes existing internal capital allocations as well as institutional third-party investments.