01
Off-balance-sheet vehicles
An SPV issues notes or certificates backed by any asset or strategy — no recourse to your balance sheet, no regulatory capital.
Why it helps
A modular, low-latency product factory
02
White-label fund platforms
Plug your strategy into an existing trust or hosting structure. You’re the PM; they handle admin, compliance, and filings.
Why it helps
Outsource the plumbing, keep the wheel
03
Distribution partnerships
Co-launch with banks or fintech platforms — rent issuance and reach, while your strategy and brand ride on top.
Why it helps
Mix and match manufacturing & scale
04
Fast-cycle productization
Pilot small, learn, iterate. Launch a $5M note or seeded SMA as a minimum viable product rather than a $500M flagship.
Why it helps
Test & learn, de-risk failure
05
Hybrid “Shelf + Self”
Own where you have an edge; use cheap third-party funds for commodity exposures. A deliberate core-satellite pitch.
Why it helps
Margins up, client costs low
Incremental path
Start with one SPV-issued product at small scale, prove the concept, then launch a white-label fund as buy-in grows. A mid-tier firm doesn’t need to become a mega-manager to manufacture products.