De En
  • About us
    • Principal
    • Board of Directors
    • Team Liechtenstein
    • Team Zurich
    • Quorus
  • Services
    • Portfolio Management
    • Funds
    • Family Office
    • Private Markets
  • Locations
    • Liechtenstein
    • Zurich
  • News
  • Jobs and Career
  • Legal Notice
  • General Business Conditions
  • Management of Client's Complaints
  • Data Protection
  • Participation Policy
  • Sustainability
Who we are

In a successful team, each member takes the lead when called upon. For some unimaginable. For us a matter of principle.

News

The investment report
for the second quarter of 2025 is available for download:

  • About us
    Principal was founded in 1989 and remains an owner-managed company. We take the long-term perspective and aim to be a trustworthy partner for our clients because we are both transparent and independent.
    • Principal
    • Board of Directors
    • Team Liechtenstein
    • Team Zurich
    • Quorus
  • Services
    As an asset management boutique, we offer our long-term international clients individually tailored asset management, advisory and family office services.
    • Portfolio Management
    • Funds
    • Family Office
    • Private Markets
  • Locations
    With our locations in Liechtenstein and Switzerland, we operate in two economic areas with a long tradition as international financial centres.
    • Liechtenstein
    • Zurich
About us

In a successful team, each member takes the lead when called upon. For some unimaginable. For us a matter of principle.

Principal

 

As an international financial services provider, we have been a reliable partner for our international clients for over three decades:

  • Established in 1989
  • Bank-independent asset management boutique
  • Attractive locations in Liechtenstein and Zurich
  • Majority of shares held by the Managing Partners and the members of the Board of Directors
  • A reliable partner with an entrepreneurial mindset
  • Long-standing and experienced team
  • Powerful network of experts
  • We share the Liechtenstein infrastructure with the fund management company IFM Independent Fund Management AG 
  • Licensed and supervised by the Financial Market Authority (FMA) in Liechtenstein
  • Access to the EU/EEA market via the EU passporting regime
  • MiFID II-compliant
  • Member of the Association of Independent Asset Managers in Liechtenstein (VuVL)
  • Licensed by the Financial Market Supervisory Authority (FINMA) in Switzerland and supervised by the supervisory organization AOOS
  • Member of the Swiss Association of Wealth Managers (SAM)

 


Principal Group

 

 


Board of Directors


Principal Holding AG

 

Heimo Quaderer
Partner and Chairman of the Board of Directors
Heimo Quaderer
Partner and Chairman of the Board of Directors (since 1989)
  • Client Relationships
  • Business Development
  • Alternative Investments

Founding Member of the Association of Independent Asset Managers in Liechtenstein (VuVL)
Member of the investment committee of various family offices

H.I.R.H. Simeon von Habsburg
Partner, Managing Director and Member of the Board of Directors
H.I.R.H. Simeon von Habsburg
Partner, Managing Director and Member of the Board of Directors (since 1991)
  • Client Relationships
  • Member of the Investment Committee
  • Business Development

Licencié en sciences économiques appliquées (Université Louvain-la-Neuve, Belgium)

Luis Ott, CEFA
Partner and Non-Executive Director
Luis Ott, CEFA
Partner and Non-Executive Director (since 1993)
  • Partner and Managing Director of IFM Independent Fund Management AG, Schaan

Swiss-certified Financial Analyst and Asset Manager

H.S.H. Prince Michael of Liechtenstein
Non-Executive Director
H.S.H. Prince Michael of Liechtenstein
Non-Executive Director (since 2011)
  • Executive Chairman of the Board of Directors Industrie- & Finanzkontor Etablissement, Vaduz
  • Founder and Chairman Geopolitical Intelligence Services AG, Vaduz
  • President of the Board of Trustees European Centre of Austrian Economics Foundation, Vaduz
  • President Liechtenstein Finance e.V., Vaduz

mag.rer.soc.oec., Trustee, TEP

Hugo Quaderer
Member of the Board of Directors
Hugo Quaderer
Member of the Board of Directors (since 2016)
  • Delegate of the Board of Directors
  • Management of strategic projects

President Liechtenstein Football Association
Former Member of the Liechtenstein Government as Minister for Education, Social Affairs, Sport, Home Affairs and the Environment (2005 – 2013)

Daniel Kallay
Non-Executive Director
Daniel Kallay
Non-Executive Director (since 2018)
  • Long-term international experience in the field of the Fast Moving Consumer Goods industry (food/beverage)

MBA (University of St. Gallen)

 


Team Liechtenstein


Our highly experienced team has worked together for many years and is responsible for both the portfolio management and family office services.

Yves Akermann
Head of IT Solutions
Yves Akermann
Head of IT Solutions (since 2000)
  • IT Solutions

Computer Scientist with Swiss Federal Diploma

Andrea Benesch, CFA
Senior Portfolio Manager Fixed Income
Andrea Benesch, CFA
Senior Portfolio Manager Fixed Income (since 2024)
  • Portfolio Management

  • Fund Management

B.Sc. Business Administration (UAS Graubünden)

CFA Charterholder

 

 

Siegbert Boettinger
Senior Portfolio Manager Fixed Income
Siegbert Boettinger
Senior Portfolio Manager Fixed Income (since 2024)
  • Fund Management

MSc in Economics

Markus Brandl, CFA
Senior Portfolio Manager
Markus Brandl, CFA
Senior Portfolio Manager (since 2011)

Managing Director of Quorus Asset Management AG

  • Fund Management
  • Member of the Investment Committee
  • Manager Selection, Asset Allocation
  • Family Office Reporting
  • Hedge Funds

Master of Business Administration (University of Innsbruck)
CFA Charterholder
Founding Member of the Liechtenstein Society of Investment Professionals

Bruno Casanova
Controller
Bruno Casanova
Controller (since 2020)
  • Controlling

Certified Expert in Accounting and Controlling

Certified Business Economist HF

 

Jasmine Eberle
Accounting / Human Resources
Jasmine Eberle
Accounting / Human Resources (since 2020)
  • Financial Accounting / Internal Accounting
  • HR Management

Certified Accounting Clerk
HR Assistant

Severin Elkuch
Senior Operations Officer
Severin Elkuch
Senior Operations Officer (since 2024)
  • Business Operations and IT Interfaces​​​​​​
  • Securities Accounting
  • ​​​​New Client Enrolment

B.Sc. in Business Administration - Banking and Finance (UAS Zurich, Winterthur)

Leon Fehr
Project and Process Manager
Leon Fehr
Project and Process Manager (since 2023)
  • Project Management
  • Process Management
  • Business Analysis
  • Business Operations and IT Interfaces

B.Sc. in Business Administration - Banking and Finance (UAS Zurich, Winterthur)

MBA in Technology & Innovation (University of Liechtenstein)

Manuela Fiel
Reception/Office Management
Manuela Fiel
Reception/Office Management (since 2002)
  • Reception
  • Telephone
  • Office Management
Martin Fraisl, CFA
Senior Portfolio Manager
Martin Fraisl, CFA
Senior Portfolio Manager (since 2024)
  • Portfolio Management
  • Fund Management

Mag. (UAS Vorarlberg)

CFA Charterholder

Thomas Fritz, TEP, CAIA
Senior Advisor
Thomas Fritz, TEP, CAIA
Senior Advisor (since 2024)
  • Member of the Extended Management Board

  • Relationship Management

  • Business Development

Master's degree in Business Administration

Trust and Estate Practitioner (TEP)

Full member of the Society of Trust and Estate Practitioners (STEP)

CAIA Charterholder

Marc Gabathuler
Accounting / Human Resources
Marc Gabathuler
Accounting / Human Resources (since 2001)
  • Head of Financial Accounting
  • Client Accounting
  • HR Management
  • Client Office
  • Internal Auditing
  • Investment Compliance

Specialist in Finance + Accounting with Federal Diploma (FA)

Marina Hasler
Junior Compliance Officer
Marina Hasler
Junior Compliance Officer (since 2023)
  • Compliance 

Banking & Finance Essentials (BFE), CYP Center for Young Professionals in Banking, Zurich
Business Manager (M-profile EFZ certificate)
 

Dr. Uwe Heller, CFA
Chief Investment Strategist
Dr. Uwe Heller, CFA
Chief Investment Strategist (since 2023)
  • Member of the Extended Management Board
  • Head of Investment Committee
  • Asset Allocation
  • Portfolio Management
  • Business Development
  • Client Relationships

Dr. rer. pol. (University of Fribourg / Stanford University)

Diploma in Business Administration (University of Magdeburg)

CFA Charterholder

Samuel Hoop, CFA, CIPM
Senior Portfolio Manager
Samuel Hoop, CFA, CIPM
Senior Portfolio Manager (since 2012)
  • Portfolio Management
  • Fund Management
  • Manager Selection
  • Member of the Investment Committee
  • Reporting

Business Economist (UAS Chur)
CFA Charterholder
CIPM

Marcus Jörger
Junior Portfolio Manager
Marcus Jörger
Junior Portfolio Manager (since 2019)
  • Portfolio Management Assistant

Certified Business Specialist (Kaderschule Zurich)

Sonja Kerber
Executive Assistant
Sonja Kerber
Executive Assistant (since 2023)
  • Executive Assistant

Postgraduate Diploma in Business Administration, Federal Diploma (HF)

Marketing Specialist with Federal Diploma (FA)

 

Ralf Konrad
Chief Executive Officer
Ralf Konrad
Chief Executive Officer (since 2022)
  • CEO
  • Business Development
  • Client Relationships
  • Member of the Investment Committee

M.Sc., Chemistry (Technical University of Kaiserslautern)
CAS General Management HSG (University of St. Gallen)
Hedgefund Consultant (ebs/BAI), (European Business School, Oestrich-Winkel)

Christine Louise
PA to H.R.H. Simeon von Habsburg
Christine Louise
PA to H.R.H. Simeon von Habsburg (since 2003)
  • Assistant/Secretary

Business Manager (EFZ certificate)

Marcel Marentini
Senior Analyst and Fund Manager
Marcel Marentini
Senior Analyst and Fund Manager (since 2019)
  • Fund Management
  • Member of the Investment Committee
  • Equity Analyst

Founder and Owner of Beagle Asset Management AG

Reto Nägele
Portfolio Manager
Reto Nägele
Portfolio Manager (since 2022)
  • Portfolio Management

Business Manager (E-profile EFZ certificate) 
Certified Private Banker CAS (University of Liechtenstein)

Josef Scherrer
Senior Analyst and Fund Manager
Josef Scherrer
Senior Analyst and Fund Manager (since 2014)

Quorus Asset Management AG

  • Fund Management
  • Member of the Investment Committee
  • Mid & Small Cap Research

MBA (University of St. Gallen)
Swiss-certified Asset Manager and Financial Analyst
Founder and Owner of Scherrer Asset Management AG

Céline Sommer
Assistant Compliance & Family Office
Céline Sommer
Assistant Compliance & Family Office (since 2016)
  • Executive Assistant
  • Compliance
  • Family Office
  • Project Management

B.Sc. in Tourism (UAS Graubünden)

Andreas Spalt
Senior Portfolio Manager, Member of the Executive Board
Andreas Spalt
Senior Portfolio Manager, Member of the Executive Board (since 2000)
  • Portfolio Management
  • Fund Management
  • Foreign Exchange Management
  • Asset Allocation
  • Member of the Investment Committee

Master of Business Administration (University of Innsbruck)

Pieter van der Byl
Senior Advisor, Fund Manager
Pieter van der Byl
Senior Advisor, Fund Manager (since 2014)
  • Fund Management
  • Portfolio Management
  • Analyst
  • Member of the Investment Committee

MA in Finance & Economics (Heriot-Watt University, Edinburgh)

Doris Walser-Ritz
Compliance & Family Office, Member of the Executive Board
Doris Walser-Ritz
Compliance & Family Office, Member of the Executive Board (since 2009)
  • Head of Legal & Compliance
  • Family Office
  • Board Matters

Swiss-Certified Export Manager
Various CAS in Business Law & Compliance (University of Konstanz)

Admira Zulji
Securities Accountant
Admira Zulji
Securities Accountant (since 2023)
  • Securities Accounting
  • New Client Enrolment

Business Manager

 


Team Zurich


Our team in Zurich has proven expertise in the field of alternative investments and complements the range of services offered by the Principal Group.

 

Chantal Hofmann
Executive Assistant
Chantal Hofmann
Executive Assistant (seit 2023)
  • Executive Assistant
  • Reception
  • Office Management

Banking & Finance Essentials (BFE), CYP Center for Young Professionals in Banking, Zurich

Business Manager

Fabian Klingler
Head of Private Equity / Private Debt Investments, Member of the Management Board
Fabian Klingler
Head of Private Equity / Private Debt Investments, Member of the Management Board (since 2017)
  • Private Equity Investments
  • Private Debt Investments
  • Club Deals / Co-Investments

M.A. in Law and Economics (University of St. Gallen)

Andrea Menghetti
Associate Private Markets
Andrea Menghetti
Associate Private Markets (since 2019)
  • Private Equity Investments
  • Private Debt Investments

B.Sc. in Business Administration (UAS Zurich)

MAS in Finance (University of Zurich)

Sebastian A. Ott
Associate Private Markets
Sebastian A. Ott
Associate Private Markets (since 2024)
  • Private Equity Investments
  • Private Debt Investments
  • Real Estate Investments

M.A. HSG in Banking and Finance (University of St. Gallen)

Master in Management Grande École (HEC Paris)

Olivia von Sury d'Aspremont
Investment Manager Private Markets
Olivia von Sury d'Aspremont
Investment Manager Private Markets (since 2022)
  • Private Equity Investments
  • Private Debt Investments
  • Real Estate Investments

B.A. in Business and Economics (University of Zurich)

M.Sc. in Economics and Strategy (Imperial College London)

Wladimir Weinbender
Operations Specialist Private Markets
Wladimir Weinbender
Operations Specialist Private Markets (since 2023)
  • Private Markets Platform Management
  • Private Equity Investments
  • Systems & Reporting
  • Quantitative Analysis

Master of Science UZH ETH in Quantitative Finance (ETH Zurich)
Founder DIVA Protocol (Decentralized Finance / Blockchain)
 

Cornelia Zeinler
Private Markets, Managing Director
Cornelia Zeinler
Private Markets, Managing Director (since 2018)
  • Private Equity investments
  • Real Estate Investments
  • Business Development

Master of Business Administration and Master of Law (University of Innsbruck)

 


Quorus


The investment specialists of Quorus Asset Management AG complement the Principal team. Mutual synergies from sharing the expert know-how between the teams and full access to both locations in Liechtenstein and Zurich, enable the provision of high-quality dedicated investment management services.

 

Markus Brandl, CFA
Managing Director
Markus Brandl, CFA
Managing Director (since 2011)

Quorus Asset Management AG

  • Senior Portfolio Manager
  • Fund Management
  • Member of the Investment Committee
  • Manager Selection, Asset Allocation
  • Family Office Reporting
  • Hedge Funds

Master of Business Administration (University of Innsbruck)
CFA Charterholder
Founding Member of the Liechtenstein Society of Investment Professionals

Josef Quaderer
Non-Executive Director
Josef Quaderer
Non-Executive Director (since 2016)

Quorus Asset Management AG 

  • Founder and Partner of Quaderer Treuhand Anstalt in Schaan

Trustee acc. to Art. 2 of Professional Trustee and Fiduciary Act (TrHG)

Norman Quaderer
Managing Director
Norman Quaderer
Managing Director (since 2021)

Quorus Asset Management AG

  • Portfolio Management

  • Client Support

B.Sc. Financial Economics (University of Essex, Colchester)

M.Sc. Banking and Financial Management (University of Liechtenstein)

Anja Schädler
Portfolio Manager
Anja Schädler
Portfolio Manager (since 2024)
  • Portfoliomanagement

B.Sc. Business Administration – Banking & Finance (FFHS, Zurich)

PRINCIPAL ASSET MANAGEMENT AG

  • Landstrasse 30
    FL–9494 Schaan
    Liechtenstein
    Phone +423 235 04 40
    info(at)principal.li
  • Stockerstrasse 57
    CH–8002 Zurich
    Switzerland
    Phone +41 44 500 19 40
    info(at)principal.ch
  • News
  • Jobs and Career
  • Legal Notice
  • General Business Conditions
  • Management of Client's Complaints
  • Data Protection
  • Participation Policy
  • Sustainability