LGT partners with iCapital to digitise alts business

LGT has partnered with iCapital to digitise its alternative investments business.

The private banking and asset management firm – run by the Liechtenstein Princely Family for over 90 years – and global fintech provider have together built a technology platform designed to streamline the lifecycle of LGT’s alternative investments.

It will integrate into LGT’s banking systems to provide relationship managers, investment advisers and operations teams with a seamless interface.

All points in the process – from marketing and document management to client reporting and analysis – will be assimilated.

First launched in Europe, it has since been rolled out globally to improve operational efficiency, transparency and client engagement across the investment firm’s worldwide network.

“Enhancing the relationship manager and client experience within the private markets asset class has always been a key strategic priority for LGT,” said Christian Buchli, business area head group products and services management at the firm.

“What began as an internal intrapreneurial initiative to digitalise the private markets value chain has now evolved into a globally deployed platform. The platform empowers our colleagues and clients with unparalleled insights into their private markets portfolios, setting a new standard for innovation and efficiency in this space,” he added.

“This partnership further underlines wealth managers’ trust in iCapital, highlighting their broader commitment to expand access to private markets through a fully digital and streamlined investment experience for advisers and their clients,” said Marco Bizzozero, head of international at iCapital.