Vestr closes oversubscribed series A

Vestr provides issuers of Actively Managed Certificates (AMCs) with the first independent software engine to digitize the value chain of active investment products. The platform empowers issuers to scale their AMC business, allowing them to focus on their core competencies. Discretionary investment managers use AMCs as a fast, flexible and cost-efficient alternative to investment funds.

For its series A round, SIX Group, the operator of the Swiss Exchange, led a group of professional investors, including Zürcher Kantonalbank, EquityPitcher, and the European Angels Fund, a sub-fund of the European Investment Fund (EIF).

The funding will be used to augment the platform, onboard additional issuers, and to make Vestr the de-facto market standard for AMC issuers", said Stefan Wagner, Head of Business Development at vestr. The vestr platform is already used by hundreds of professional asset managers.

Bank Julius Baer, an early adaptor of the vestr platform, is pleased with the positive impact the technology has had on their business. “The flexible vestr platform empowers our clients to create and manage AMCs in a high-performing and intuitive way.”

(Press release)