Invesco Teams With LGT on Private Markets for US Retail

Core Viewpoint - Invesco Ltd. is expanding its presence in private markets by partnering with LGT Capital Partners to offer alternative asset portfolios to US retail and retirement investors [1][2]. Group 1: Partnership Details - The collaboration will focus on private equity, credit, infrastructure assets, and investments in secondary stakes [2]. - This marks Invesco's second partnership since late April, following a collaboration with Barings on private credit funds [2]. Group 2: Market Context - Traditional asset managers have increasingly entered alternative markets over the past year, acquiring boutique firms or forming joint ventures to provide private assets to everyday investors [3]. - Notable partnerships in the industry include Blackstone with Vanguard and Wellington, Apollo with State Street, and Capital Group with KKR [4]. Group 3: Company Profiles - Invesco manages $2.1 trillion in client assets, with over $190 billion in alternative assets primarily in real estate and private debt [4]. - LGT Capital Partners, owned by the Princely Family of Liechtenstein, manages approximately $120 billion in assets [4].