Use Case
Private debt, bankable.
Investors lend directly to private companies, but the opportunities are hard to access without the right network, ticket sizes are high and the legal complexity is costly. Securitization turns a loan into an investable security: an ISIN-listed note with a coupon, held and traded through standard custody.
The problem
A private-debt manager or direct lender originates good credit. The hard part is bringing capital to it. The investors who would fund the loan, banks, wealth managers and institutions, can only hold custody-compatible securities with an ISIN, not a bilateral loan agreement.
A conventional bond is the usual route to a security, but it rarely makes sense below CHF 100 million, and bank syndication is slow and restrictive. So strong lending stays capital-constrained, one relationship at a time.
The solution
Securitization turns the loan into an investable security. A special purpose vehicle raises cash from a pool of investors through a certificate, which is then used to lend directly to the borrower. Issued from a protected cell company, it combines the ease of setup of a structured note with the asset segregation and governance of a fund structure.
- An ISIN-listed note. Held and traded through standard custody, with a coupon, secured or unsecured.
- Small tranches work. Debt issued at sizes a conventional bond cannot reach.
- Terms set by the issuer. Interest rate, collateral and duration defined per transaction.
- One set of documents. The asset manager is the sole investor into the underlying, which keeps operations simple.
- Full transparency. The manager can always see the full balance sheet of the product.
GenTwo handles the operational side: due diligence and compliance on the underlying target and on the issuer, the product term sheet, and the investor operations with the paying agent, from issuance and cash transfer to NAV calculation and publication and coupon payments.
Assetization in action
Real use cases, client success stories, live products.
Use CaseSwiss residential real estate. Project debt, project equity or diversified exposure.
Use CaseA feeder into your fund. Fractional tickets, any bank or broker, no new entity.
Use CaseOne hybrid AMC. A live trading book and illiquid holdings under a single ISIN.
Use CaseLaunch a single AMC on listed assets. One strategy, one product, live in days.
Use CaseAn AMC on digital assets. Your crypto strategy in a bank account, no wallets.
Use CaseTokenized AMCs on your platform. On-chain, backed 1:1, with a Swiss ISIN.
Use CaseStructured products on digital assets. Capital protection, yield and barrier payoffs.
Use CaseAn AMC on a portfolio of funds. Fund of funds, without the second fee layer.
Use CaseLaunch your AMC issuance platform. Keep the custody and the fees in-house.
Use CasePrivate equity and venture capital. A portfolio as an AMC, one name as a Tracker.
Use CaseSME financing. A mini-bond that raises capital without diluting ownership.
Use CaseStructured products in one AMC. Many positions, a single vehicle.
Use CaseImpact investing for companies. Fund your suppliers as an investment, not a grant.
Use CaseA portfolio of artists, securitized against future revenues.
Use CasePeer-to-peer loans. A whole basket in one certificate, no loan-by-loan selection.
Use CaseVenture capital as a certificate. No general partner and limited partner structure.
Use CaseCertificate of Things. Finance a machine, pay investors from what it produces.
Use CasePay-per-use. Investors fund the equipment and earn royalties as it runs.
Use CaseFine art and collectibles. A single work as a Tracker, a portfolio as an AMC.
