Stableton chooses fundcraft’s digital fund operations to transform private market investing

LUXEMBOURG (10 September 2024) — fundcraft, a leading provider of digital fund operations, today announces that Stableton Financial AG, an award-winning fintech platform and investment firm specialising in privately held, late-stage growth companies, has recently celebrated the first anniversary of its partnership with fundcraft’s fund administration infrastructure.

Stableton, which seeks to democratise access to growth equity and pre-IPO investments, is using fundcraft as the engine room of its platform to support demand across multiple types of investors and aggregate supply across a fragmented secondary market to their recently launched Luxembourg-based Stableton Unicorn Top 20 Fund.

Since moving to fundcraft, Stableton has invested in more than 25 tech unicorns through secondary opportunities. Stableton, which currently manages CHF 250 million, targets EUR 1 billion in private company investments with the Stableton Unicorn Top 20 Fund. The fund strategy builds on a unique systematic selection process for the Top 20 Unicorns as defined through a partnership with Morningstar Indexes.

Stableton also offers investors greater exposure to individual unicorns through its Co-Investment fund, allowing LPs to benefit from an index-like, low-cost approach while offering the ability to double down on specific opportunities.

Andreas Bezner, Co-Founder and CEO of Stableton, commented: "At Stableton, we are seeking to become the Vanguard of private markets, bringing transparency and ease of access to an infamously opaque and fragmented market. To realise our mission, we turn the complex into the simple, and fundcraft has been instrumental in making this happen. It is a truly digital fund operations platform with the associated high levels of flexibility and automation, which is unique in the market.”

Konstantin Heiermann, Co-Founder, Managing Partner & CFO at Stableton added: “fundcraft's intuitive platform has not only seamlessly blended into our day-to-day operations but has also significantly improved our operational efficiency. Its automation of back-office tasks enables us to launch new investment vehicles at speed, and the team that we work with is able to respond to our questions and projects quickly and professionally. We're now equipped with the confidence to meet tax, regulatory, and investor demands with unmatched precision and ease, thanks to fundcraft."

Commenting on this milestone, Olga Porro, Chief Product Officer at fundcraft, said: “It gives us great pride to work with cutting-edge companies like Stableton, who are challenging the status quo. By digitising the full suite of fund operations - from client onboarding to reporting - we provide a platform to innovators that gives them the flexibility, automation and transparency to launch new structures quickly and to operate new business models. This is a true partnership, and we are looking forward to transforming private market investing together.”

About Stableton

Stableton is a VC direct secondaries specialist investment manager and an award-winning growth equity fintech investment platform (Swiss Fintech Awards 2022 winner) that empowers investors and shapers of tomorrow to achieve their full potential. Stableton's mission is to provide superior access to growth equity and pre-IPO deals and portfolios, focusing on secondaries. Investors benefit from institutional-quality investments, product innovation, bankable products with low minimums, and improved liquidity.

Stableton was founded in 2018 by Andreas Bezner, CFA, and Konstantin Heiermann, with an international team of over 25 employees across Zurich, Zug, Berlin, and Riga. Our success story includes a completed CHF 15 million Series A funding round in July 2022 and a FINMA licence as a portfolio manager, according to Art. 17 (1) of the Financial Institutions Act (FINIA). Stableton delivers institutional-grade quality with assets over USD 250 million and a track record of over 85 transactions.

In partnership with Morningstar Indexes, Stableton created the Morningstar PitchBook Unicorn Select 20 Index to provide exposure to global, venture capital-backed privately held growth companies for institutional investors, banks, wealth managers, and private investors alike. For further information, please visit www.stableton.com.

About fundcraft:

fundcraft is revolutionising the alternative investment fund industry by delivering end-to-end digital-native fund operations that enhance transparency, efficiency, and compliance for asset managers. With its cutting-edge product offering, fundcraft provides a holistic solution for regulatory requirements, reporting, portfolio management, risk assessment, and investor engagement, embodying a comprehensive digital transformation in asset management. A single platform that centralises and connects the entire fund back office, automating end-to-end operations and optimising the full investment lifecycle for all stakeholders. One platform, one source of truth.

For further details about fundcraft, please visit www.fundcraft.lu.