LLB group is the longest-standing universal bank in Liechtenstein, founded in 1861, with an annual Business volume of CHF 92.9 billion and a Net profit of CHF 109,8 million. The number of employees worldwide is currently 1064. LLB's rating by Moody`s is Aa2 and the Tier1 capital ratio, the core measure of a bank's financial strength, is 20.4%.

After a short introduction by Prof. Kopacek the team of LLB Österreich presented the nuts and bolts of private equity (PE) and venture capital (VC) wealth management and finance. In the presentation the focus was put on wealth management. In particular, private equity and venture capital was discussed and presented.

Private Equity investments use pooled money to generate long-term capital gains by means of transformational investments in privately owned, mature, mostly well established and cash generative companies. Main characteristics are majority ownership, the implementation of a four to five year value creation plan and an alignment of interest with the operational management of the company.  

For most of us it was an introduction to a completely “new” world and some of us will probably use this in our future “management life”. Thanks to our hosts for the information and hospitality.

Prepared by Jens and Sonja in the name of the EM 20/22 participants