LLB Invest Kapitalanlagegesellschaft

What LLB Invest Kapitalanlagegesellschaft does

LLB Invest Kapitalanlagegesellschaft m.b.H. is an Austrian investment fund management company founded in 1989 and headquartered in Vienna. As a wholly-owned subsidiary of Liechtensteinische Landesbank (Österreich) AG and part of the LLB Group operating across Liechtenstein, Switzerland, and Austria, the company manages 318 investment funds with an investment volume of approximately EUR 14.118 billion as of end 2025. It serves institutional asset managers (80+ national and international firms), high-net-worth individuals, and private banking clients of its parent bank, offering portfolio-based asset management, fund-based asset management, fund structuring, risk management, and tailored reporting services.

The company operates a fund management platform built on proprietary technology including the TIPAS (Personal Portfolio Information System) client portal, an in-house data warehouse with benchmark and consolidated reporting capabilities, and an electronic risk management system with pre-trade limit checks and multi-level compliance monitoring. Its product suite spans three investment approaches (Total Return, Benchmark-oriented, and Sustainable/ESG) and a cross-border Funds Powerhouse platform enabling private label fund distribution across three jurisdictions. The company has operated its fund business for more than three decades and was ranked first on the Austrian investment fund market by number of funds managed in 2020.

Revenue is generated through recurring management fees on the EUR 14.118 billion AUM, portfolio management fees at custody account and fund-based levels, fund structuring and administration service fees for external partners, and custodian bank services provided to other investment companies. The go-to-market combines a direct enterprise advisory sales model targeting institutional investors and HNW clients with a B2B channel partnership model serving 80+ external asset managers who use LLB Invest KAG as their fund management company. Pricing is customized per client and not publicly disclosed, with fund costs disclosed in fund-specific documentation.

Name

LLB Invest Kapitalanlagegesellschaft

Legal name

LLB Invest Kapitalanlagegesellschaft m.b.H.

Website

https://llbinvest.at

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

LLB Invest Kapitalanlagegesellschaft is an Austrian investment fund management company managing 318 funds with EUR 14.118 billion AUM. It serves 80+ external asset managers, high-net-worth individuals, and parent bank clients through portfolio management, fund structuring, and cross-border private label fund services across the LLB Group.

Ownership category

akta.pro rank

Product category

Investment Fund Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (52591)

SIC

Investment Advice (6282)

akta.pro primary industry

Discretionary Portfolio Management (DPM) (FSAAABAC)

akta.pro secondary industries

Fund of Funds & Multi-Manager Mutual Funds (FSAAAEAL), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Investment fund management
• Asset management
• Fund administration
• Portfolio management
• Fund structuring

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Fund Management Fees: Revenue is generated through the management of investment funds. LLB Invest KAG manages 318 funds with an investment volume of about 14.118 billion euros as of end 2025. Fees are charged for fund administration, portfolio management, and related services.
2. Portfolio Management Fees: Fees are earned for managing individual client portfolios at the custody account level and for fund-based asset management, including both mutual funds and special funds designed to individual specifications.
3. Fund Structuring and Administration Services: Revenue from structuring and administering fund solutions for clients, including the launch and ongoing administration of comprehensive fund solutions for larger assets or institutional investors.
4. Custodian Bank Services to Other Investment Companies: Selected services as a custodian bank are made available to other investment companies, generating fees for custody and depositary services.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

LLB Invest Kapitalanlagegesellschaft m.b.H. manages 318 investment funds with an investment volume of approximately EUR 14.118 billion as of end 2025. The company provides portfolio-based and fund-based asset management, fund structuring and administration, risk management, and tailored reporting services. It also serves as the Austrian fund company within the LLB Group's "Funds Powerhouse," offering private label fund solutions across Liechtenstein, Austria, and Switzerland to more than 80 national and international asset managers.

Product overview

LLB Invest Kapitalanlagegesellschaft is an Austrian investment management company offering a comprehensive suite of asset management products and services. The company operates a platform-plus-services model consisting of three core investment management approaches (portfolio-based, fund-based, and sustainable/ESG), supported by specialized services in fund structuring, risk management, and tailored reporting. The Funds Powerhouse platform provides private label fund solutions across three jurisdictions (Liechtenstein, Austria, Switzerland), while the TIPAS system delivers portfolio reporting to clients. Additional offerings include the Capital & Markets magazine for market insights and three investment strategy approaches (Total Return, Benchmark-oriented, and Sustainable). The company manages 318 funds with approximately 14.118 billion euros in assets under management as of end 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Portfolio-based Asset Management Professional asset management service that manages client portfolios at the custody account level, utilizing modern portfolio theory to define optimal strategic asset allocation across equities, annuities, real estate, and alternative investments.
• Fund-based Asset Management Asset management service utilizing investment funds that offers diversification, targeted selection by sector or market, high security standards, and additional tax advantages compared to individual security investments.
• Fund Structuring Comprehensive service for launching and administering fund solutions, supporting clients in fund establishment and administration with transparent structures based on decades of expertise.
• Risk Management Forward-looking and transparent risk management service that monitors investment guidelines, investment limits, pre-trade limit checks, liquidity risk management, and prepares meaningful risk reports for investment funds.
• Tailored Reporting Customized reporting service using an in-house data warehouse that provides reporting on all assets including benchmarks, special evaluations, quality assurance, transparent fact sheets, and consolidated reporting for multiple special funds.
• Funds Powerhouse A comprehensive fund services platform offering private label funds across Liechtenstein, Austria, and Switzerland, providing combined expertise in three jurisdictions with individual structuring solutions and competitive fee structures.
• TIPAS Portfolio Reporting System Innovative and secure client information system providing online access to all relevant datasets, detailed daily-updated overviews, and individually definable options for evaluating account movements, performance figures, and benchmark comparisons.

Quantifiable outcome

• 318 funds managed with approximately 14.118 billion euros in investment volume as of end 2025
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Liechtensteinische Landesbank (Österreich) AGcoreStrategic or Co-development PartnerLLB Invest KAG is a wholly-owned subsidiary of Liechtensteinische Landesbank (Österreich) AG. The parent company provides shared services including data protection oversight, and LLB Invest KAG manages portfolios of bank clients of the parent. The relationship is characterized by deep integration within the LLB Group, with shared investment office expertise and technology platforms.
• LLB Asset Management AGminorStrategic or Co-development PartnerSubsidiary of LLB Group, part of the Liechtenstein-based asset management operations. Both companies operate under the LLB Group umbrella and collaborate on fund management and asset management services across the Group's three home markets.
• LLB Fund Services AGminorStrategic or Co-development PartnerPart of the LLB Group's fund services platform. Together with LLB Invest KAG, forms part of the Funds Powerhouse offering combined expertise across Liechtenstein, Austria, and Switzerland for private label fund solutions.
• LLB Swiss Investment AGminorStrategic or Co-development PartnerPart of the LLB Group operating in Switzerland. Draws up tailored fund products and offers efficient fund management, compliance, and risk management services. Forms part of the cross-border Funds Powerhouse offering alongside LLB Invest KAG.
• LLB Immo KAGminorStrategic or Co-development PartnerReal estate fund management subsidiary of LLB Group in Austria. Part of the broader LLB Group subsidiary network, offering complementary real estate fund products alongside LLB Invest KAG's investment fund services.
• LLB Realitäten GmbHminorStrategic or Co-development PartnerReal estate subsidiary of LLB Group operating in Austria. Part of the subsidiary ecosystem under the LLB Group umbrella, offering complementary real estate services.
• 80+ National and International Asset ManagerscoreChannel Partner/ Reseller/ DistributorMore than 80 national and international asset managers place their trust in LLB Invest KAG as the investment company for their funds. These asset managers effectively distribute LLB Invest KAG's fund management services by using the company as their fund administrator and management partner.
• Other Investment Companies (Custodian Bank Clients)minorChannel Partner/ Reseller/ DistributorSelected services as a custodian bank are made available to other investment companies, which make intensive use of LLB Invest KAG's custody and depositary offerings. This represents a B2B service channel where external investment companies are clients.
• LLB (Liechtensteinische Landesbank AG, Vaduz)coreStrategic or Co-development PartnerParent company of the LLB Group headquartered in Vaduz, Liechtenstein. The fund business is one of the great strengths of the LLB Group, launched as a pioneer in Liechtenstein in 1996. Four fund companies in Liechtenstein, Austria, and Switzerland are part of the Group, with LLB Invest KAG being the Austrian fund company.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Erste Asset Management: Austrian Kapitalanlagegesellschaft and one of the largest domestic investment fund managers, offering mutual funds, institutional mandates, and asset management. Direct peer with comparable Austrian regulatory regime, customer mix spanning retail and institutional, and white-label/private label fund capabilities.
• Spängler IQAM Invest: Mid-sized Austrian asset manager providing mutual funds, institutional asset management, and quantitative strategies. Comparable scale, Austrian domicile, and institutional/wholesale client base with similar fund management and DPM offering.
• Amundi Austria: Austrian subsidiary of Amundi offering mutual funds and institutional mandates through UniCredit Bank Austria. Comparable Austrian-domiciled fund management offering with overlapping institutional and retail distribution; overlaps directly with LLB Invest on the Austrian retail fund shelf.
• BayernInvest: German asset manager providing mutual funds, special funds, and institutional asset management primarily for the Bavarian Sparkassen and cooperative banks. Comparable mid-sized KAG model with bank-group ownership, white-label fund capabilities, and regional concentration in DACH.
• Union Investment: German asset manager owned by the cooperative banking sector, offering mutual funds, institutional asset management, and private label fund services. Comparable DACH distribution, fund administration scale, and integrated bank-group ownership model.
• Raiffeisen Kapitalanlage-Gesellschaft: Austrian KAG owned by the Raiffeisen banking group, managing mutual funds and institutional mandates across the DACH/CEE region. Closely comparable fund structuring, administration, and discretionary portfolio management services for both retail and institutional clients.
• DekaBank - Deutsche Girozentrale: German asset manager for the Sparkassen group, operating mutual funds, special funds, and master KVG services. Comparable captive-bank-owned structure with focus on fund administration, master-feeder structures, and institutional mandates in DACH.

Broad incumbents

• Allianz Global Investors: Global asset manager within the Allianz Group, managing mutual funds, institutional mandates, and alternatives worldwide. Comparable bank/insurance-group-owned structure and broad DACH institutional penetration, but at materially larger scale and broader product set.
• DWS Group: One of Europe's largest asset managers, headquartered in Frankfurt, offering mutual funds, institutional mandates, and alternatives globally. Overlaps with LLB Invest on DACH institutional and retail fund shelf but operates at vastly larger scale with broader geographic reach.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Customer concentration

• LinkedInlinkedin.com/company/llb-gruppe

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LLB Invest Kapitalanlagegesellschaft