A way of co-investing so repeatable and scalable that London Business School teaches it — in its MBA streams and its private-equity programmes. One structure, run deal after deal: each investment ring-fenced and issued as a bankable certificate the co-investor buys through their own bank.
A Guernsey Protected Cell Company, used for every deal — purpose-trust owned and supervised by the Guernsey Financial Services Commission.
Each investment is ring-fenced in its own legally segregated cell. No commingling; a cell's risk is its deal, not the issuer.
Each cell issues a tracker certificate with its own ISIN, registered with SIX — held like any other security.
A new deal is instantiated from the template, not built from scratch — institutional speed without cutting corners.
Because the certificate is bankable, an investor joins by instructing the bank they already use; it settles into their existing custody account, like a bond.
That is how the original vehicle was syndicated by Credit Suisse to its wealth-management clients — each subscribing through their own bank, with no new custodian and no fresh onboarding.
The same structure carries one investor or fifty.
London Business School chose to feature the approach as a teaching case — written up by Professor Florin Vasvari for the Institute of Entrepreneurship and Private Capital, and taught across its MBA streams and private-equity programmes.
The full London Business School case study is available on request — together with access to the platform that runs this structure for lead families today.
We review every request and reply with the case study and an invitation. No obligation.
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