Multi-Alternatives

What we do

As a specialist in multi-alternatives, we co-invest in the same underlying alternative portfolios as the LGT Endowment, incorporating a broad range of risk/return drivers from a number of alternative investments. Combining active, top-down asset allocation with dynamic portfolio management, we capture attractive market opportunities – resulting in robust, diversified portfolios with improved liquidity compared to traditional private market investments. Our portfolios are spread across three core areas:

• Private equity – Primaries, secondaries and co-investments
• Alternative income – Infrastructure, private debt, real estate and insurance-linked strategies
• Hedge funds – Defensive, discretionary and systematic hedge fund strategies

Robust portfolios in changing market environments

Our multi-alternative strategy is built on our proprietary scenario planning framework. This forward-looking approach considers a variety of future economic scenarios in order to create robust portfolios for changing market conditions. We aim to strike a balance between return-enhancing and diversifying strategies to help portfolios grow in favorable market environments and to protect them against downside risks in periods of market stress.

Our approach – why partner with us

Our multi-alternatives strategy enables investors to capture a broad range of investment opportunities that are largely unavailable in public markets, while offering liquidity and downside mitigation. Our portfolio structures offer investors:

• Access to alternative assets – Our portfolios provide immediate exposure to a diversified portfolio of fully-invested private market assets and a variety of liquid alternatives strategies.
• Downside mitigation – The portfolios’ return drivers are not linked to equity or bond markets and they aim to provide downside mitigation during periods of market turmoil.
• Favorable liquidity terms – Our investors benefit from better liquidity conditions than with traditional private market investments.
• High-quality manager selection – We combine externally and internally managed strategies with the aim of identifying return- and diversification-optimized sources in a cost-effective way.
• Alignment of interest – Strong alignment of interest stems from our co-investment alongside the LGT Endowment and LGT staff members, who invest in the same underlying portfolios.

Team – an average of 15 years of industry experience

Our Multi-Alternatives team comprises professionals with expertise in asset allocation, investment selection and risk management and an average of 15 years of industry experience.