For family offices wrapping multi-asset and private-market exposures in a single bankable instrument across their investor base.
Wrap real estate loans, private equity, and listed assets into one ISIN-bearing certificate for unified custody and reporting.
Maintain full investment control and internal decision-making without external fund governance or limited partner agreements.
Enable next-generation family members and external co-investors to participate through standard banking infrastructure.
Common Scenarios
Scenario 01
A single-family office wants to securitise its direct real estate loan portfolio to bring in co-investors.
Scenario 02
A multi-family office needs a single bankable vehicle for its in-house multi-asset strategy across multiple custodian banks.
Scenario 03
A family office transitioning wealth to the next generation wants ISIN-wrapped exposure to private market allocations.
Case Study
Financing for a multi-family residential development in Spain. AMC issued from Luxembourg via dedicated compartment, with proceeds deployed into a Spanish SPV. Structured as a bankable securitisation vehicle.
€45M
Issue Size
LU
Jurisdiction
11%
Coupon
Yes. Real estate loans, private debt, and other illiquid assets can be held directly within an AMC compartment, enabling standard custody and periodic valuation.
No. The legal issuer is a bankruptcy-remote SPV in Luxembourg, Guernsey, Cayman, or Switzerland. Your family office manages the strategy; Noray coordinates the legal and administrative infrastructure.
Yes. Each family branch or co-investor subscribes to the same ISIN-bearing certificate, with holdings ring-fenced within the SPV compartment. Reporting can be segmented by investor.
Talk to our Swiss-based structuring team about your requirements, timeline, and optimal jurisdiction.