Key Takeaways
- • LGT Capital Partners, a US$120 billion alternative investment manager, will appoint Sascha Gruber as chief executive effective 1 January 2027, succeeding Roberto Paganoni.
- • Gruber joined LGT Capital Partners in 2002 and previously served on its executive committee and various investment committees, with a key role in developing the private markets business, notably its secondaries strategy.
- • Paganoni, who led the firm since its inception in 1998, will join the group board of directors rather than retiring completely.
- • The appointment is subject to regulatory approval and is not expected to change the firm's strategy or investment activities; the firm will continue to co-invest its own capital alongside clients.
- • The firm reports more than 750 institutional clients, around 1,000 professionals across 16 offices, and runs LGT Wealth Management in Australia.
Summary
LGT Capital Partners, a US$120 billion alternative investment manager and owner of LGT Wealth Management, has announced that Sascha Gruber will become its chief executive from 1 January 2027, succeeding Roberto Paganoni. According to the firm, Paganoni is not retiring completely and will join the group board. The appointment remains subject to regulatory approval.
Gruber joined LGT Capital Partners in 2002 and more recently served on its executive committee and various investment committees. The firm describes him as a key contributor to the development of its private markets business, notably its secondaries strategy. In a company statement, LGT Capital Partners said, "He combines a strong investment background with broad strategic experience."
Paganoni had led LGT Capital Partners since its inception in 1998. In his remarks, he said it had been a privilege to drive the firm's development alongside colleagues, clients and partners, and that he looked forward to supporting the firm in his future role. The firm's statement highlighted growth to more than US$120 billion in assets under management, a client base of more than 750 institutional investors, and a global team of around 1,000 professionals across 16 offices.
Prince Max von und zu Liechtenstein, chair of LGT Capital Partners, said the princely family's long-term ownership allows a far-sighted approach to the firm's direction and leadership. He said Gruber shares the principles that have guided the firm from the beginning. According to the firm, the appointment is not expected to transform its strategy or investment activities, and the asset manager will continue to invest its own capital alongside clients to support alignment of interests.
Gruber joined LGT Capital Partners in 2002 and more recently served on its executive committee and various investment committees. The firm describes him as a key contributor to the development of its private markets business, notably its secondaries strategy. In a company statement, LGT Capital Partners said, "He combines a strong investment background with broad strategic experience."
Paganoni had led LGT Capital Partners since its inception in 1998. In his remarks, he said it had been a privilege to drive the firm's development alongside colleagues, clients and partners, and that he looked forward to supporting the firm in his future role. The firm's statement highlighted growth to more than US$120 billion in assets under management, a client base of more than 750 institutional investors, and a global team of around 1,000 professionals across 16 offices.
Prince Max von und zu Liechtenstein, chair of LGT Capital Partners, said the princely family's long-term ownership allows a far-sighted approach to the firm's direction and leadership. He said Gruber shares the principles that have guided the firm from the beginning. According to the firm, the appointment is not expected to transform its strategy or investment activities, and the asset manager will continue to invest its own capital alongside clients to support alignment of interests.
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