We sat down with the newest member of the ScalingFunds team Patrick Stampfli to discuss his move to ScalingFunds. Patrick worked for over 30 years in the financial industry across all continents. As an auditor working for PwC and Zurich or as a line manager at Credit Suisse and Goldman Sachs, his focus was always on providing client solutions. At Schroders, Patrick had the opportunity to build lean and technology-based end-to-end operating models supporting capital raising for traditional, alternative and private asset strategies.
We are very pleased to announce that our team at ScalingFunds is growing. Callum Fleetwood-Storey will be joining us as our new Business Development Associate helping with the onboarding of new clients. We have asked him several questions on why he joined ScalingFunds, his experience with the fund industry and what he hopes to achieve in his new position. Please join us in welcoming our new team member.
Launching your own alternative investment fund is a formidable undertaking, which can tie up a lot of your capital and time. ScalingFunds offers turn-key SPV and fund management services that allow investment managers to launch new structures without the hassle and paperwork.
As a spin-off from real estate tokenisation pioneer Brickblock, the former German subsidiary has completed its rebrand into ScalingFunds GmbH and continues building out its alternative investment platform, which launched in late 2019. Its primary focus is providing fund managers with the right digital tools and legal setup for administering, distributing, and managing alternative investment funds, including asset classes such as real estate, private equity, debt, and infrastructure.
Launching an alternative investment fund (“AIF”) takes more than a successful investment strategy. From the outset, you need to consider the fund administration fees, the proper structure and plan for the lifespan of the fund, from concept to realization and eventual liquidation. AIFs are far more complex and require significantly more financial planning than a typical long-short hedge fund.
FIBREE has published an interview with the CEO of ScalingFunds Jakob Drzazga where he talks about his background, the impact of blockchain technology, the challenges a blockchain startup is facing, and the major opportunities of blockchain in real estate.
ScalingFunds, a brand by Brickblock, is a technological service provider based in Berlin. ScalingFunds has partnered with Uavend Property and Leisure to tokenise one of their real estate vehicles, carrying a €35 million property.
Real-estate is famously a traditional, illiquid and non-transparent investment class. It is also one of the largest in the world. As time goes by and education broadens, blockchain is increasingly regarded as a viable long-term solution to propel the real estate industry into the digital age. The recently published industry report by the Foundation for International Blockchain and Real Estate Expertise (FIBREE) provides a global perspective on the latest developments in the field of blockchain in real estate.
We are very excited to announce the launch of our new funds management brand, ScalingFunds. ScalingFunds is a funds-as-a-service white label product that leverages blockchain technology to help fund managers automate investor onboarding, efficiently communicate with investors, and enable the trade or transfer of fund shares between eligible investors.
We’re excited to announce a strategic partnership with Peakside Capital Advisors AG that will merge institutional real estate investment management with the benefits of blockchain technology.
The partnership will see Peakside Capital utilise our proprietary software and legal framework for evidencing and databasing a real estate fund on the blockchain, a process more commonly known as tokenisation.