Vaduz, 27 June 2019. LGT, the leading private banking and asset management group owned by the Princely Family of Liechtenstein, has agreed to acquire a controlling stake in Validus Wealth. The remaining shares will continue to be held by the current management team. Validus Wealth is an Indian wealth management firm with a presence in nine cities across the country. This transaction will enable LGT to gain a foothold in India’s up-and-coming market for high-net-worth private clients.

For more information, please see the attached press release.