LGT Capital Partners said yesterday that Sascha Gruber will succeed Roberto Paganoni as chief executive officer on 1 January 2027, subject to regulatory approval. Paganoni, who has led the firm since its establishment in 1998, will become a member of LGT Capital Partners’ Group holding board.

Sascha Gruber joined LGT Capital Partners in 2002 and has since assumed broad leadership responsibilities, serving on the executive committee and on various investment committees for many years.

A key contributor to the development of the firm’s private markets business and in particular its secondaries strategy, he combines a strong investment background with broad strategic experience, according to a statement by the Liechtenstein royal family-owned private bank.

Beyond his investment responsibilities, Gruber has played a leading role in expanding the firm’s international business and building its presence in the Americas.

Over nearly three decades, Paganoni has shaped LGT Capital Partners’ long-term strategy and business philosophy. Under his leadership, the firm has developed into a global alternative investment manager with a diversified investment platform, more than $120bn in assets under management, an international client base of more than 750 institutional investors and a global team of around 1,000 professionals across 16 offices, the statement said.

Today, the firm invests across private markets, multi-alternatives and diversifying strategies, complemented by 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.

H.S.H. Prince Max von und zu Liechtenstein, chairman of LGT Capital Partners, said: “The Princely Family’s long-term ownership of the firm allows us to take a far-sighted approach to its direction and leadership. For almost 30 years, Roberto has shaped the firm’s development, building it into a resilient global investment manager with a clear strategy and strong culture.”