The Locstein Group, A.G. is a global financial services firm which engages in advisory, investment and other financial services primarily with institutional clients. The companies headquarters, based in Geneva, Switzerland was opened in early 2008, followed by its London office. Locstein Ventures (US) LLC was incorporated in late 2009 with offices in Washington, D.C. Structure The Locstein Group A.G. is structured in four divisions, Advisory, Investment, Wealth Management and Research, along with international subsidiaries, such as the more widley known 'Locstein Petroleum'. In mid 2009, Locstein Asset Management (LAM), and Locsteins subsidiaries, re-branded themselves, becoming collectively known as The Locstein Group. Locstein A.G. & Formula 1 On the 23rd February 2010 it was discovered The Locstein Group were the primary sponsor and backer of the troubled USF1 Team, based in Charlotte USA. After rumors as to why Locstein decided to leave the team circulated the globe, Locstein issued a press release on its website formally confirming its position.
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