Stableton Unicorn Top 20 Strategy
All Top 20 Private Tech Companies in One Portfolio
Stableton Unicorn Top 20 Strategy
All Top 20 Private Tech Companies in One Portfolio
Top 20 Portfolio Companies
A Leader in Growth Equity / Pre-IPO
Stableton leads in VC direct secondary investments, targeting top pre-IPO opportunities through funds and co-investments. Our Unicorn Top 20 portfolio strategy is unique. It systematically invests in the 20 most valuable private tech companies. This evergreen, open-ended strategy offers low costs, no performance fees, and better liquidity than typical growth equity and VC funds. We offer a custom co-investment service for institutional investors with specific sector interests.
Stableton leads in VC direct secondary investments, targeting top pre-IPO opportunities through funds and co-investments.
Our Unicorn Top 20 portfolio strategy is unique. It systematically invests in the 20 most valuable private tech companies. This evergreen, open-ended strategy offers low costs, no performance fees, and better liquidity than typical growth equity and VC funds.
We offer a custom co-investment service for institutional investors with specific sector interests.
A Leader in Growth Equity / Pre-IPO
Stableton leads in VC direct secondary investments, targeting top pre-IPO opportunities through funds and co-investments. Our Unicorn Top 20 portfolio strategy is unique. It systematically invests in the 20 most valuable private tech companies. This evergreen, open-ended strategy offers low costs, no performance fees, and better liquidity than typical growth equity and VC funds. We offer a custom co-investment service for institutional investors with specific sector interests.
Stableton leads in VC direct secondary investments, targeting top pre-IPO opportunities through funds and co-investments.
Our Unicorn Top 20 portfolio strategy is unique. It systematically invests in the 20 most valuable private tech companies. This evergreen, open-ended strategy offers low costs, no performance fees, and better liquidity than typical growth equity and VC funds.
We offer a custom co-investment service for institutional investors with specific sector interests.
Unicorn Top 20 Strategy Highlights
Unicorn Top 20 Strategy Highlights
Easy and efficient access to the most valuable Top 20 private tech companies
Transparent and systematic harvesting of the private-to-public market upside with cost-efficient strategy
Regulated asset manager with a strong institutional structure
Improved liquidity and open-ended (evergreen) setup reducing reinvestment risk
Unique sourcing network, robust tech- and data-driven investment process
Easy and efficient access to the most valuable Top 20 private tech companies
Transparent and systematic harvesting of the private-to-public market upside with cost-efficient strategy
Regulated asset manager with a strong institutional structure
Improved liquidity and open-ended (evergreen) setup reducing reinvestment risk
Unique sourcing network, robust tech- and data-driven investment process
Easy and efficient access to the most valuable Top 20 private tech companies
Transparent and systematic harvesting of the private-to-public market upside with cost-efficient strategy
Regulated asset manager with a strong institutional structure
Improved liquidity and open-ended (evergreen) setup reducing reinvestment risk
Unique sourcing network, robust tech- and data-driven investment process
Systematic Access to the Top Private Unicorns
We created the world’s first systematic private equity strategy that invests in the world's 20 most valuable private technology companies, including Anthropic, Epic Games, OpenAI, and Stripe. In collaboration with Stableton, Morningstar created a custom index that backtests the historical performance of the Top 20 private unicorns. It highlights the strong performance of systematically investing in these Top 20 private technology leaders.
We created the world’s first systematic private equity strategy that invests in the world's 20 most valuable private technology companies, including Anthropic, Epic Games, OpenAI, and Stripe.
In collaboration with Stableton, Morningstar created a custom index that backtests the historical performance of the Top 20 private unicorns. It highlights the strong performance of systematically investing in these Top 20 private technology leaders.
Source: Morningstar Indexes as of 08/2024; Displayed logos represent former Morningstar® Pitchbook® Unicorn Select 20 Index™ constituents that went public
Co-Investment Platform
Stableton has completed over 85 deals and is on track to reach 100 per year. With our frequent activity in this space, we offer co-investment opportunities tailored to the specific needs of interested allocators. Our co-investment capability is highly customizable and cost-effective.
Target Exciting Megatrends
Tap into thematic portfolios in high-growth areas like AI, fintech, gaming, and space tech
Secure Institutional Structure
Benefit from a top-tier Luxembourg-registered setup with low minimum commitments of USD 100k
Capture Exclusive Investments
Leverage our access to deals at a lower cost, supported by sourcing network of 100+ partners
Target Exciting Megatrends
Tap into thematic portfolios in high-growth areas like AI, fintech, gaming, and space tech
Secure Institutional Structure
Benefit from a top-tier Luxembourg-registered setup with low minimum commitments of USD 100k
Capture Exclusive Investments
Leverage our access to deals at a lower cost, supported by sourcing network of 100+ partners
Target Exciting Megatrends
Tap into thematic portfolios in high-growth areas like AI, fintech, gaming, and space tech
Secure Institutional Structure
Benefit from a top-tier Luxembourg-registered setup with low minimum commitments of USD 100k
Capture Exclusive Investments
Leverage our access to deals at a lower cost, supported by sourcing network of 100+ partners
Why Stableton
Why Stableton
As an established specialist in growth equity direct secondaries, we leverage a powerful combination of network, data, structuring, and execution expertise to drive this strategy's success.
$250mn+ AuM (127% CAGR since 12/2019)
25+ professionals, with HQ in Zurich, Switzerland
Regulated asset manager (FINMA – Switzerland)
Superior Sourcing Network
Distinct supply aggregation edge across inefficient, fragmented secondary market
Partnerships with 100+ sourcing entities
Excellence in securing cap table positions
Leading Index & Data Providers
Collaborate with Morningstar for a custom index
Work with top secondary market data providers
Unique sourcing edge by aggregating proprietary deal flow data
Unique Structuring Advantage
Optimal trading sizes via investor demand aggregation
Swift transactions across various structures
Institutional framework and strong partnerships
Execution Expertise
15+ years avg. experience from investment committee
85+ transactions conducted
Streamlined, data-driven operations for fast and frequent execution
Superior Sourcing Network
Distinct supply aggregation edge across inefficient, fragmented secondary market
Partnerships with 100+ sourcing entities
Excellence in securing cap table positions
Leading Index & Data Providers
Collaborate with Morningstar for a custom index
Work with top secondary market data providers
Unique sourcing edge by aggregating proprietary deal flow data
Unique Structuring Advantage
Optimal trading sizes via investor demand aggregation
Swift transactions across various structures
Institutional framework and strong partnerships
Execution Expertise
Ø15+ years experience from investment committee
85+ transactions conducted
Streamlined, data-driven operations for fast and frequent execution
Superior Sourcing Network
Distinct supply aggregation edge across inefficient, fragmented secondary market
Partnerships with 100+ sourcing entities
Excellence in securing cap table positions
Leading Index & Data Providers
Collaborate with Morningstar for a custom index
Work with top secondary market data providers
Unique sourcing edge by aggregating proprietary deal flow data
Unique Structuring Advantage
Optimal trading sizes via investor demand aggregation
Swift transactions across various structures
Institutional framework and strong partnerships
Execution Expertise
15+ years avg. experience from investment committee
85+ transactions conducted
Streamlined, data-driven operations for fast and frequent execution
Why Now
Stableton has used recent technology and market changes to create a new systematic approach for private market investments. This became possible just now.
- The market depth of the secondary market increased to $138bn, making large privately held unicorns more liquid.
- Multiple new data providers emerged, including Morningstar providing data on 1’300+ unicorns with its newly launched index series since November 2022.
- Through its transaction expertise, Stableton is in a prime position to execute this strategy, with a track record of 85+ transactions.
Strategy Supported by Megatrends & Momentum
Private for Longer
Value creation continues to shift towards private markets, as companies choose to remain private for longer. Pre-IPO returns have often been much higher than post-IPO returns.
Convergence
Private market valuations show a significant spread to the public market. Trends now indicate that the valuation spread is starting to converge.
IPO Momentum
With the IPO window re-opening, private tech unicorns are catching up to their public peers. This presents a prime entry opportunity.
Valuation Spread Converging
Private market valuations have had a large spread compared to public markets, but recent trends show this gap is closing.
Source: Secondary transaction data from Caplight of 10 liquid firms from Top 20; Yahoo; Pitchbook
Rising Momentum for Top 20 Unicorns
Recently, we’ve seen strong momentum from private tech companies as they catch up to their public peers. This presents a prime opportunity.
Source: YTD Caplight Data as of June, 2024
How to Partner with Stableton?
Join forces with a leader in growth equity to access the world’s most valuable pre-IPO investment opportunities. Contact us for any inquiries on the Stableton Unicorn Top 20 Strategy or qualify to get more information.
How to Partner with Stableton?
Join forces with a leader in growth equity to access the world’s most valuable pre-IPO investment opportunities. Contact us for any inquiries on the Stableton Unicorn Top 20 Strategy or qualify to get more information.
Contact Us
Call Us
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Direct Contact
Professional Investor Desk
Private Investor Desk
Poststrasse 24, 6300 Zug, Switzerland
