Media release
LGT Capital Partners successfully closes inaugural EUR 517 million European CLO
LGT Capital Partners today announced the successful closing of Legato Euro CLO I DAC (Legato 1), a EUR 517.3 million European collateralized loan obligation (CLO).
Pfaeffikon, 12 September 2025. Legato 1 marks the firm’s inaugural CLO transaction. Due to strong investor demand from a diverse group of leading global institutions, the transaction was upsized to its final size on the pricing date. The CLO was arranged by Deutsche Bank and features a two-year non-call period and a five-year reinvestment period.
The Legato platform marks a significant step forward in expanding LGT Capital Partners’ credit solutions offering. The firm has been investing in CLOs for more than a decade, as a limited partner and as a direct investor in the asset class. It now builds on this expertise by managing its own European CLO portfolios to benefit from the proven resilience and performance of the asset class across various economic cycles. The Legato platform was launched in May 2025 and utilizes existing internal capital allocations as well as institutional third-party investments.
LGT Capital Partners
LGT Capital Partners is a leading global specialist in alternative investing with over USD 110 billion in assets under management and more than 700 institutional clients in 50 countries. An international team of over 900 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo, Singapore and Sydney.
IMPORTANT INFORMATION
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., Schuetzenstrasse 6, CH-8808 Pfaeffikon, 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.
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