Any Asset, One Platform
Under the Luxembourg Securitisation Law, virtually any asset or strategy can be converted into a bankable security. Each transaction lives in its own segregated compartment: exposed solely to the risk of its underlying, and to nothing else.
Structures built for every strategy
Securitisation is the conversion of an asset, a portfolio or an investment strategy into a security that investors can buy, hold in custody and trade, a note or certificate with its own European ISIN. Capital-Hill acts as the issuance vehicle: we pool the underlying into a dedicated compartment and issue notes whose performance is linked solely to those assets. The compartment is bankruptcy-remote, protected by non-petition and limited-recourse provisions expressly recognised by Luxembourg law.
AMC / ETN
AMC & Certificates (ETN structures)
ETNs and tracker notes issued on baskets of financial instruments whose composition can be adjusted over time within predefined guidelines, delivering the function the market knows as an actively managed certificate. Structures can include capital protection features, yield components, performance participation or hybrid return profiles. Where a classic discretionary AMC format is required, we structure it accordingly.
Learn morePre-IPO
Pre-IPO Notes
Bankable exposure to late-stage private companies before they list. A dedicated compartment acquires or references shares in the target company and issues notes with their own European ISIN: access through your existing custody account, without cap-table entry, subscription negotiations or capital call administration. Single-name or basket exposure, in EUR or USD.
Learn moreClub Deals
Club Deal Structuring
A dedicated compartment for each club deal, allowing a defined group of professional investors to participate on clearly documented terms: real estate, private transactions and real-asset investments, with governance and waterfall mechanics tailored per deal.
Repackaging
Security Repackaging
Existing financial instruments (loans, receivables, fund units, bonds) transformed into listed or privately placed securities, aligning the wrapper with the regulatory, custody or distribution constraints of your target investors.
Private Equity & VC
Private Equity & VC Fund Repackaging
Feeder and repackaging solutions for private equity and venture capital funds: fund units or LP interests are wrapped into notes with a European ISIN, giving professional investors bankable access to PE and VC vehicles through their existing custody account: and giving fund managers a clean, distribution-ready instrument for private banking and EAM channels, without individual subscription processes.
Learn moreAMC / ETN
AMC & Certificates (ETN structures)
ETNs and tracker notes issued on baskets of financial instruments whose composition can be adjusted over time within predefined guidelines, delivering the function the market knows as an actively managed certificate. Structures can include capital protection features, yield components, performance participation or hybrid return profiles. Where a classic discretionary AMC format is required, we structure it accordingly.
Learn morePre-IPO
Pre-IPO Notes
Bankable exposure to late-stage private companies before they list. A dedicated compartment acquires or references shares in the target company and issues notes with their own European ISIN: access through your existing custody account, without cap-table entry, subscription negotiations or capital call administration. Single-name or basket exposure, in EUR or USD.
Learn moreClub Deals
Club Deal Structuring
A dedicated compartment for each club deal, allowing a defined group of professional investors to participate on clearly documented terms: real estate, private transactions and real-asset investments, with governance and waterfall mechanics tailored per deal.
Repackaging
Security Repackaging
Existing financial instruments (loans, receivables, fund units, bonds) transformed into listed or privately placed securities, aligning the wrapper with the regulatory, custody or distribution constraints of your target investors.
Private Equity & VC
Private Equity & VC Fund Repackaging
Feeder and repackaging solutions for private equity and venture capital funds: fund units or LP interests are wrapped into notes with a European ISIN, giving professional investors bankable access to PE and VC vehicles through their existing custody account: and giving fund managers a clean, distribution-ready instrument for private banking and EAM channels, without individual subscription processes.
Learn moreDirect investment vs securitised note
| Direct Investment | Securitised Note (Capital-Hill) | |
|---|---|---|
| Access & subscription | Subscription documents negotiated per investor; process varies by underlying. | One clearable security with a European ISIN. Investors subscribe through their custodian bank like any bond. |
| Cap table of the target | Every investor appears individually in the cap table of the asset. | The compartment appears as a single entry; investors hold the note, not the asset. |
| Denomination & minimums | Minimum tickets set by the target (often high, inflexible). | Denomination tailored per issuance; minimums defined by the structure and applicable selling restrictions. |
| Custody & transferability | Positions held off-custody; transfers require documentation. | Notes are held in the investor's bank portfolio and cleared via Euroclear and Clearstream. |
| Pricing transparency | No public reference price. | Bloomberg publication by a regulated calculation agent; listing on the Vienna MTF available. |
| Capital calls | Investors manage capital call schedules individually. | The note can be issued fully funded, no capital call administration for investors. |
| Cash-flow flexibility | Distributions follow the asset's own schedule. | Coupons, redemptions and reinvestment mechanics are defined in the term sheet and tailored to the strategy. |
Direct Investment
Subscription documents negotiated per investor; process varies by underlying.
Securitised Note (Capital-Hill)
One clearable security with a European ISIN. Investors subscribe through their custodian bank like any bond.
Direct Investment
Every investor appears individually in the cap table of the asset.
Securitised Note (Capital-Hill)
The compartment appears as a single entry; investors hold the note, not the asset.
Direct Investment
Minimum tickets set by the target (often high, inflexible).
Securitised Note (Capital-Hill)
Denomination tailored per issuance; minimums defined by the structure and applicable selling restrictions.
Direct Investment
Positions held off-custody; transfers require documentation.
Securitised Note (Capital-Hill)
Notes are held in the investor's bank portfolio and cleared via Euroclear and Clearstream.
Direct Investment
No public reference price.
Securitised Note (Capital-Hill)
Bloomberg publication by a regulated calculation agent; listing on the Vienna MTF available.
Direct Investment
Investors manage capital call schedules individually.
Securitised Note (Capital-Hill)
The note can be issued fully funded, no capital call administration for investors.
Direct Investment
Distributions follow the asset's own schedule.
Securitised Note (Capital-Hill)
Coupons, redemptions and reinvestment mechanics are defined in the term sheet and tailored to the strategy.
Why Capital-Hill
"From strategy to security: one platform, one compartment, one ISIN."
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