LGT, a Liechtenstein-based private bank, has collaborated with iCapital to digitise its alternative investment portfolio. 

The alliance has resulted in the development of a technology platform, which integrates directly with LGT’s banking systems. 

This offers tools for relationship managers, investment advisors, and operations teams to oversee the full spectrum of the alternative investment process. 

It includes functionalities for marketing, document management, and detailed reporting and analytics tailored to client needs. 

Following its initial introduction in Europe, the platform has expanded its reach globally. 

LGT Group products & services management business area head Christian Buchli said: “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.”  

iCapital international head Marco Bizzozero stated: “LGT’s deep expertise in wealth management and its commitment to innovation and delivering efficient, technology-driven alternative investment solutions for its advisors and their clients is at the forefront of our collaboration.  

“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 advisors and their clients.” 

This announcement follows iCapital’s acquisition of Citi Global Alternatives, an indirect subsidiary of Citi. The subsidiary advises Citi Wealth’s global alternative investment fund platform, which manages a suite of over 180 alternative funds globally. 

With a workforce exceeding 6000, LGT operates out of more than 30 international locations spanning Europe, Asia, the Americas, Australia, and the Middle East.