shaPE Capital

No. Following a shareholder-directed strategic review, shaPE Capital shifted to a managed realization strategy and ceased all new fund commitments and direct investments. The firm operates exclusively as a runoff vehicle, monetizing legacy portfolio positions and returning the proceeds to shareholders through distributions and share buybacks.

shaPE Capital traded on the SIX Swiss Exchange, making it one of the few Swiss-listed investment companies providing retail and institutional investors daily-liquidity access to a diversified private equity portfolio. This permanent-capital structure distinguished it from traditional drawdown fund-of-funds but introduced a persistent discount-to-NAV problem that eventually drove the delisting and runoff decision.

The firm's portfolio was built across three activity lines: primary commitments to private equity funds, secondary transactions acquiring limited partnership interests, and a smaller allocation to direct co-investments. Manager exposure concentrated on European and North American mid-market buyout funds, with additional sleeves in growth equity and environmental infrastructure.

shaPE Capital delisted from the SIX Swiss Exchange as part of its managed runoff process. The delisting aligned with the shareholder mandate to cease new investment activity, reduce operational costs, and return capital efficiently. Prior to delisting, the shares traded under the ticker symbol SHPN.

shaPE Capital was sponsored and launched by Renaissance Asset Management, a Swiss investment firm established by Dr. Thomas Weber. Renaissance served as the originator and adviser to the listed vehicle, responsible for manager selection, due diligence, and portfolio construction before the firm transitioned to internal management during the runoff phase.