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.