This prince acquires a majority stake in asset manager Liqid

88 million euros flow into the Berlin-based fintech. The new main owner wants to internationalize the investment concept.

The Berlin-based start-up Liqid has closed its Series D financing round with a total of 88 million euros. The main investor is LGT, which belongs to the Princely House of Liechtenstein and manages more than 223 billion euros in assets for private clients. LGT is also acquiring a majority stake in the Berlin-based fintech and intends to help with its internationalization.

Liqid offers asset management for private clients who are not super-rich. Liqid's investments are otherwise only open to institutional investors, including private equity and VC funds. Liqid's size means that investors have access to asset classes that are otherwise inaccessible. The Berlin-based company currently manages 1.4 billion euros.

"Liqid has an impressive track record of growth, and we are convinced that providing professional investment expertise in a digital format - with Liqid's dedicated client focus and quality standards - is a promising business model for the future," says Prince Max von und zu Liechtenstein and also Chairman of LGT. "By working with Liqid, LGT is making its investment expertise accessible to a broader segment of private investors."

The second major investor is London-based Toscafund. Other investors include HQ Trust, the multi-family office of the Harald Quandt family, Project A and Dieter von Holtzbrinck Ventures. The current investment round also includes a secondary component. The existing investors will then sell shares to the Liechtenstein asset managers.