Invesco has expanded its push into private markets through a new partnership with LGT Capital Partners, aimed at offering US retail and retirement investors exposure to private equity, private credit, infrastructure and secondary stakes, according to a report by Bloomberg.
The collaboration, announced Monday, is Invesco’s second deal in the space this year, following its April tie-up with Barings to launch private credit strategies. The firm manages $2.1tn in assets, including more than $190bn in alternatives across real estate and private debt.
The initiative comes as traditional asset managers accelerate their moves into alternatives, seeking to meet rising demand from individual investors. Recent examples include partnerships between Blackstone and Vanguard, Apollo and State Street, and Capital Group and KKR, while BlackRock has expanded via its $25bn acquisition of Global Infrastructure Partners and HPS Investment Partners.
LGT, which oversees about $120bn and is owned by the Princely Family of Liechtenstein, said the alliance strengthens its US presence and opens new opportunities in the retirement channel.
