Core Capital, one of Luxembourg’s leading independent asset management companies, is celebrating its 10th anniversary; Jakob Kjelgaard and Stefan Romlin founded the shared family office company in Luxembourg in June 2006, at the request of a highly successful entrepreneur, who was looking for a unique independent highly personalised approach to help him manage his wealth.

Over the 10 year period Core Capital has grown and developed its business and now manages €1bn in client assets. Core Capital’s focus is in serving high net worth clients and their families with investable assets of at least €2.5m. At the heart of the business is a trusted relationship with each client, an investment strategy tailored to the lives that clients want to live, and an experienced team of professionals.

David Steinegger, Chairman of Core Capital, explained “Our advice is independent, our working methods are fully transparent and we always focus on a holistic view of each client or family’s total wealth, risk appetite, investment objectives and long term wealth planning needs. Hitting the €1bn in assets under management is a fitting finale to our first decade. We look forward to our second decade with great confidence.”

Jakob Kjelgaard, Managing Director and co-founder of Core Capital, commented “It has been a fantastic 10 year period for us. Reflecting back on a financial crisis, global political challenges and much more, which have taken many investors and advisors by surprise, has only served to prove the value of our investment philosophy. As was the case before the financial crisis, during the financial crisis and in its aftermath we sit at the client’s side of the table, and our role is to obtain the best solutions and create the most appropriate structures for each client’s unique needs. Over the last 10 years we have achieved a market leader reputation as a truly independent asset manager. We have continued to invest in building a strong and experienced team which today consists 15 dedicated persons and have broadened our client base. We look forward to building upon this success as we continue to enhance our business, whilst providing the best service to our clients.”