L-GAM Advisers
L-GAM Advisers is a privately held mid-market private equity firm founded in 2013 in partnership with the Princely Family of Liechtenstein, deploying €40-150M per deal in Western European SMEs through three long-duration funds totaling over €1 billion in commitments.
- Company typePrivate
- Founded2013
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What L-GAM Advisers does
L-GAM Advisers is a privately held mid-market private equity investment firm established in October 2013 in partnership with the Princely Family of Liechtenstein and a consortium of entrepreneurial families from Europe, Asia, and North America. The firm is headquartered in Luxembourg (L-GAM Advisor S.à r.l.) and operates regional offices in London (L-GAM UK Advisors Limited) and Milan (L-GAM Advisor Italia S.r.l.), supported by a team of approximately 15 professionals including three founding partners who previously held senior roles at Bain Capital and Investcorp.
L-GAM deploys capital through three closed-end funds with 15-year life cycles: L-GAM Fund I (€352M, 2013, fully divested), L-GAM Fund II (€772M, 2018, currently invested), and the L-GAM Strategic Value Fund (€325M, 2023, in investment phase), giving combined capital commitments exceeding €1 billion. The firm targets Western European small and medium-sized enterprises with €50-300M of turnover, providing equity commitments of €40-150M per transaction across control buyouts, minority positions, growth capital, distressed situations, and debt investments. Investment criteria emphasize niche market leadership, buy-and-build consolidation potential, pan-European or global expansion platforms, and transition events including generational succession, management buyouts, and corporate carve-outs.
The firm generates revenue through management fees charged on committed capital under management across its three fund vehicles, complemented by carried interest on successful portfolio exits aligned with the long-duration 15-year fund model. Portfolio investments span healthcare (Clinique du Pont Saint Vaast, Centro Medico Santagostino), luxury and consumer goods (Woolrich, Ancorotti Cosmetics, Roberto Cavalli, Vinventions), industrial and specialty manufacturing (Faist ChemTec, COTTA Collection, Amplitude Laser), events and communications (MCI Group), and pharmaceutical biotech (Biose Industrie), with operations supported by an active co-investor network including Bpifrance, Capza, IDIA, MBO+, BNP Paribas Développement, and the French State through the French Tech Souveraineté scheme.
L-GAM Advisers firmographics
Firmographics- Name
- L-GAM Advisers
- Legal name
- L-GAM Advisor S.à r.l.
- Website
- http://www.l-gam.com/
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- L-GAM Advisers is a privately held mid-market private equity firm founded in 2013 in partnership with the Princely Family of Liechtenstein, deploying €40-150M per deal in Western European SMEs through three long-duration funds totaling over €1 billion in commitments.
- Ownership category
- akta.pro rank
L-GAM Advisers industry classification
Industry- Product category
- Private Equity Investment Management
- NAICS
- All Other Financial Investment Activities (52399), Portfolio Management and Investment Advice (523940)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)
Keywords
Where L-GAM Advisers is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
L-GAM Advisers business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Fund Management Fees: Management fees charged on committed capital under management across L-GAM Fund I (€352M, 2013), L-GAM Fund II (€772M, 2018), and L-GAM Strategic Value Fund (€325M, 2023). Total assets under management exceed €1 billion.
- Carried Interest: Performance-based carried interest from successful portfolio company exits, aligned with long-term value creation and 15-year fund structure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Equity Commitments: €40-€100 million (current fund) |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
L-GAM Advisers product offering
Product offeringCore offering
L-GAM Advisers is a mid-market private equity firm that makes direct equity investments of €40–€150 million in Western European companies with €50–€300 million in turnover. The firm deploys capital across buyout, minority, growth, distressed, and debt investment structures through three fund vehicles (L-GAM Fund I, Fund II, and the Strategic Value Fund) totaling over €1 billion in commitments. The firm partners with management teams, family businesses in transition, and companies pursuing consolidation strategies, providing long-term capital with a 15-year fund horizon.
Product overview
L-GAM Advisers is a mid-market private equity investment firm active throughout Europe. The firm operates three distinct investment funds: L-GAM Fund I (€352 million, 2013, fully divested), L-GAM Fund II (€772 million, 2018, currently invested), and L-GAM Strategic Value Fund (€325 million, 2023, in investment phase). The firm provides equity commitments of €40-100 million per deal, targeting companies with strong market positions, strategic relevance, and exceptional value creation potential across Western Europe. L-GAM does not offer technology products or services but rather investment management and capital deployment services to portfolio companies.
Differentiator
Problem solved
Functional benefit
Products and services
- L-GAM Fund I L-GAM's first closed-end private equity fund of €352 million, fully divested after 7 investments, targeting mid-market companies across Europe with equity commitments of €40–€100 million per deal.
- L-GAM Fund II L-GAM's second closed-end private equity fund of €772 million raised in December 2018, currently invested across 8 portfolio companies with equity commitments of €40–€100 million per deal targeting mid-market Western European businesses.
- L-GAM Strategic Value Fund L-GAM's third fund of €325 million launched in 2023, providing flexible non-control capital solutions for strong entrepreneurs and managers in the European middle-market, targeting bespoke situations such as founder re-acquisitions. COTTA Group was its first investment.
Quantifiable outcome
- Fund II raised €772 million in December 2018
- +1 more outcomes
Companies that use L-GAM Advisers
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles4 records
L-GAM Advisers technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
L-GAM Advisers partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
L-GAM Advisers competitors and assessment
Company assessmentDirect peers
- EMZ Partners: Pan-European mid-market PE firm with similar ticket sizes (€40-€150M) and target company profile (€30-€300M valuation). EMZ was a co-investor alongside L-GAM in MCI Group and exited as L-GAM entered, making them a direct competitor for the same European SME deal flow.
- Portobello Capital: Spanish mid-market PE firm with €2B AUM across 7 strategies that sold Trison to L-GAM in 2023. Both firms target Iberian and broader European SMEs with similar equity ticket sizes and value-creation approaches.
- Indigo Capital: Independent European PE firm focused on SMEs valued at €30-€300M, very similar to L-GAM's sweet spot. Co-invested with L-GAM in MCI Group before exiting.
- MBO+: French mid-market PE firm specializing in management buyouts of SMEs. Co-invested alongside L-GAM in ADD Associés and shares similar deal sourcing patterns in the French mid-market.
- Capza: European mid-market PE firm (formerly Capital Export) focused on SMEs and mid-cap companies. Co-invested with L-GAM in Clinique du Pont Saint Vaast and operates with similar ticket sizes in the European lower mid-market.
Broad incumbents
- Ardian: Global PE firm with €150B+ AUM that invests across European mid-market through its Buyout and Expansion funds. Much larger than L-GAM but competes for some of the same European mid-cap targets and family-owned businesses.
- PAI Partners: Established European mid-market PE firm with deep sector expertise across consumer, food, and business services. Competes with L-GAM for upper mid-market European SMEs and has overlapping sector preferences (consumer, healthcare).
- EQT Partners: Mega-cap European PE firm with €250B+ AUM that has increasingly moved into the lower mid-market with EQT Growth and smaller buyout funds. Represents scale competition for L-GAM in larger platform deals.
Others
- Bpifrance: French national investment bank that co-invests with L-GAM (Biose Industrie, Clinique du Pont Saint Vaast, Amplitude). Functions as both co-investor and alternative source of capital for French SMEs, shaping L-GAM's deal landscape in France.
Regional players
- Cathay Capital: Global PE firm with cross-border US-Europe-China focus that previously invested in Amplitude Laser Group. While more globally distributed, Cathay targets similar SME profiles and provides competition for transatlantic European deals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
L-GAM Advisers compliance and trust
Trust signalCompliance1 record
L-GAM Advisers financial estimates
Financial estimateRevenue estimate
Valuation estimate
L-GAM Advisers leadership team
Management profileNumber of profiles
Profiles15 records
L-GAM Advisers subsidiaries and ownership
Company hierarchySubsidiaries5 records
L-GAM Advisers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
L-GAM Advisers M&A and investment
M&A and investmentM&A11 records
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about L-GAM Advisers
What does L-GAM Advisers do?
L-GAM Advisers is a mid-market private equity firm that makes direct equity investments of €40–€150 million in Western European companies with €50–€300 million in turnover. The firm deploys capital across buyout, minority, growth, distressed, and debt investment structures through three fund vehicles (L-GAM Fund I, Fund II, and the Strategic Value Fund) totaling over €1 billion in commitments. The firm partners with management teams, family businesses in transition, and companies pursuing consolidation strategies, providing long-term capital with a 15-year fund horizon.
Is L-GAM Advisers a public or private company?
L-GAM Advisers is a private company. It is classified as venture growth investor backed and is currently operating.
When was L-GAM Advisers founded?
L-GAM Advisers was founded in 2013. It employs 11 to 50 people.
Where is L-GAM Advisers based?
L-GAM Advisers is headquartered in London, United Kingdom, in the Europe region.
How does L-GAM Advisers make money?
Two revenue lines are on record. Fund Management Fees are the primary driver. The others are carried Interest.
Who are L-GAM Advisers's main competitors?
Direct peers on record are EMZ Partners, Portobello Capital, Indigo Capital, MBO+ and Capza. Broad incumbents are Ardian, PAI Partners and EQT Partners. Bpifrance is listed as an others. Cathay Capital is listed as a regional player.
Does L-GAM Advisers have an API?
No public API is recorded for L-GAM Advisers.
What industry is L-GAM Advisers in?
L-GAM Advisers's product category is Private Equity Investment Management. Its primary akta.pro industry code is BPAHAOAE, Equity Capital Advisory (Private Equity Placements, Growth Capital). Its NAICS code is 52399 and its SIC code is 6211.