Prince of Liechtenstein Foundation
Encyclopedia
The Prince of Liechtenstein Foundation is a portfolio of private companies, and museums owned by the Princely Family of Liechtenstein
. It is an essentially cap for a multitude of investments, such as the LGT Group, the Hofkellerei wineries, RiceTec Inc, and real estate
holdings in Vienna, Austria. There are currently 9 companies and 2 museums owned by The Foundation (as of 2011). The Foundation is the beneficiary of the LGT Group Foundation, which is currently chaired by Prince Philipp Erasmus. Who was a well known hedge fund
investor, before being selected as board charmen.
The Foundation is a Vaduz
-based establishment, created in 1970, to manage assets of the Princely Portfolio. Hans-Adam II, Prince of Liechtenstein
was head of the Foundation from 1970 through 1984. He is still the main beneficiary of the Foundation at the present time. The chairman of Pearson PLC
, Glen Moreno
, is on the Board of Trustees at the Foundation and also LGT. Professor Dr. Cuno Pümpkin, is the Chairman of the Board of Directors
at Invision Private Equity AG, and is also a member of the Board of the Foundation/LGT Group.
Princely Family of Liechtenstein
The Liechtenstein dynasty, from which the principality takes its name, is the family which reigns by constitutional, hereditary right over the nation of Liechtenstein...
. It is an essentially cap for a multitude of investments, such as the LGT Group, the Hofkellerei wineries, RiceTec Inc, and real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
holdings in Vienna, Austria. There are currently 9 companies and 2 museums owned by The Foundation (as of 2011). The Foundation is the beneficiary of the LGT Group Foundation, which is currently chaired by Prince Philipp Erasmus. Who was a well known hedge fund
Hedge fund
A hedge fund is a private pool of capital actively managed by an investment adviser. Hedge funds are only open for investment to a limited number of accredited or qualified investors who meet criteria set by regulators. These investors can be institutions, such as pension funds, university...
investor, before being selected as board charmen.
The Foundation is a Vaduz
Vaduz
Vaduz is the capital of the principality of Liechtenstein and the seat of the national parliament. The town, located along the Rhine, has about 5,100 inhabitants , most of whom are Roman Catholic. Its cathedral is the seat of a Roman Catholic archbishop....
-based establishment, created in 1970, to manage assets of the Princely Portfolio. Hans-Adam II, Prince of Liechtenstein
Hans-Adam II, Prince of Liechtenstein
Hans-Adam II , is the reigning Prince of Liechtenstein. He is the son of Franz Joseph II, Prince of Liechtenstein and his wife Countess Georgina von Wilczek . He also bears the titles Duke of Troppau and Jägerndorf, Count of Rietberg...
was head of the Foundation from 1970 through 1984. He is still the main beneficiary of the Foundation at the present time. The chairman of Pearson PLC
Pearson PLC
Pearson plc is a global media and education company headquartered in London, United Kingdom. It is both the largest education company and the largest book publisher in the world, with consumer imprints including Penguin, Dorling Kindersley and Ladybird...
, Glen Moreno
Glen Moreno
Glen Moreno is an American businessman. Moreno has worked for several large companies in the United States and the United Kingdom and most recently worked as acting-chairman of UK Financial Investments Limited which manages the British government's bank shareholdings.Glen Moreno was born in...
, is on the Board of Trustees at the Foundation and also LGT. Professor Dr. Cuno Pümpkin, is the Chairman of the Board of Directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
at Invision Private Equity AG, and is also a member of the Board of the Foundation/LGT Group.
List of Companies
Here is a list of all Prince of Liechtenstein Foundation companies, they are:- Real Estate Administration Vienna
- Wilfersdorf Agricultural and Forest Company
- Forestry Kalwang
- Hofkellerei Wilfersdorf
- Hofkellerei Vaduz
- LIECO GmbH & KG
- Liechtenstein Energie GmbH & Co KG
- RiceTec
- LGT Group (Bank)
Museums
Here is a list of all Prince of Liechtenstein Foundation museums, they are:- Liechtenstein Museum
- Liechtenstein Museum ViennaLiechtenstein MuseumThe Liechtenstein Museum is in Vienna, Austria, named after the princely House of Liechtenstein, one of Europe's oldest noble families. The museum includes the Princely Collections containing important European works of art, forming one of the world's leading private art collections.The museum has...