Dalton Strategic Partnership, a London-based asset manager founded in 2002 by Magnus Spence, has named Prince Wenceslas von Liechtenstein to the role of chief executive officer.
The prince joined the firm in July, Dalton said.
The role of CEO has officially been vacant since Spence left the company in 2014, a Dalton spokesman said. In the interim the company has been run by its management team, headed up by Nick Mottram, a partner of the business and its global equity fund manager.
Prior to joining Dalton the prince, pictured, worked for two corporate financial advisory businesses, the names of which weren’t given. Other previous roles included stints in the equity division of Goldman Sachs, and with General Electric.
In his new role, he will “continue to work with the senior management of Dalton, leading the development of new products, the identification of new markets, and increasing assets under management”, Dalton said in a statement.
The prince said he had “long been impressed by the talent and energy of the management team, partners and staff”, of Dalton, which he noted was a very “client-focused business”.
He said he was looking forward to working with his new Dalton colleagues to “maximis[ing] the potential of the Dalton platform” by “introducing new products and building out the firm’s investment management and distribution capabilities”.
The prince, who is said to play down his royal connections, is from the Liechtenstein family which owns the LGT Group, a family-owned private wealth group based in Vaduz, which acquired London’s Vestra Wealth group earlier this year.