Asset Manager

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Stableton

Explore private blue-chip tech investment opportunities with Stableton. Diversify your portfolio with top private tech companies, offering liquidity,...

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Stableton

Explore private blue-chip tech investment opportunities with Stableton. Diversify your portfolio with top private tech companies, offering liquidity, transparency, and growth potential.

General information

Firm type

Generalist

Year founded

2018

AUM

$800M+ (per the firm, 2025)

Location

Region

Europe

Country

Switzerland

City

Zug

Corporate office

Poststrasse 24, 6300 Zug, Switzerland

Additional offices

Zurich, Switzerland · Berlin, Germany · Riga, Latvia

Sector focus

FinTechAI/MLSpaceTechEnterprise SoftwareRobotics & AutomationMobility & TransportationDigital HealthCybersecurityClimateTech

Frequently asked questions

Who runs investment decisions at Stableton?

The firm’s co-founder acts as both CEO and CIO, per the firm’s website. A Co-Head of Investments supports portfolio execution, but the firm operates a rules-based, passive indexing strategy rather than a discretionary manager-picking model, which limits the role of individual investment committee calls.

How does Stableton source its positions in private companies?

Stableton builds exposure through direct secondary transactions, buying existing stakes from early investors, employees, or early venture capital backers of large private tech companies. The firm aggregates over 170 completed secondary deals and integrates pricing data from multiple secondary market brokers and platforms into its portfolio monitoring process.

Is Stableton a single family office or an asset manager?

Stableton is an asset manager. It is structured as a Swiss FINMA-regulated portfolio manager that offers pooled, semi-liquid investment funds and custom institutional mandates to external clients, including family offices, private banks, and institutional allocators.

What is the Stableton Morningstar PitchBook Unicorn 20 Index?

It is a passive, rules-based index co-created by Stableton and Morningstar in 2023, tracking 20 of the world’s largest private technology unicorns selected from PitchBook data. Stableton’s flagship open-ended fund is designed to replicate this index, providing systematic exposure without active manager selection.

Does Stableton charge performance fees?

No. The firm’s core offering is structured with zero performance fees and low management fees, per its website, which is a structural departure from the '2 and 20' model typical in venture capital and private equity funds.

What is the liquidity structure of Stableton’s main fund?

The Stableton Unicorn Top 20 Fund offers quarterly redemptions at net asset value, backed by transparent mark-to-market valuations. The fund is domiciled in Luxembourg as an open-ended, semi-liquid evergreen vehicle, and since 2024 subscriptions and custody can be processed via Clearstream.

How is Stableton regulated?

Stableton Financial AG is licensed as a portfolio manager under Art. 17(1) of the Swiss Financial Institutions Act and is supervised by FINcontrol Suisse AG. In Germany, Stableton Financial (Germany) GmbH operates as a tied agent of AHP Capital Management GmbH, which is authorized by BaFin.

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