More alternatives on your shelf.Without the 6‑month structuring process.
Yooro turns any approvable deal into a MiFID-compliant security your clients can hold at their bank. In weeks. No new legal structure for every deal. No new providers.
Putting alternatives on your shelf is harder than it should be.
Demand moves faster than your shelf.
Your clients want 10 to 20 alternative deals per year. Your shelf approves 2 to 5. Every new structure takes 3 to 6 months to build.
You know the managers. You can’t offer the funds.
Your bankers know which fund managers perform. They can’t offer most of them because the fund isn’t passported in your jurisdiction.
Distribution brings a disclosure problem.
Distributing a fund manager’s deal to your clients creates a MiFID II inducement problem. Most banks decline rather than deal with the disclosure.
The deals are good.
The process to put them on your shelf is what’s slowing you down.
Yooro removes the structuring bottleneck. When a deal arrives, from your network, from an external originator or from a client request, you have a shelf-ready, MiFID-compliant, Clearstream-custodied instrument in weeks.
The Luxembourg SPV is already built. The ISIN registration framework is in place. The KYC and compliance infrastructure is operational.
The bank distributes. Yooro structures and manages.
Four things your bankers can say yes to with Yooro.
01♠
Go from 2 to 5 alternative deals per year to 10 to 20. Without a bigger team.
Pre-built Luxembourg SPV infrastructure, ISIN registration, compliance and KYC already in place for any new deal.
02♥
Offer clients access to any fund, passported or not, without becoming a placement agent.
The Yooro note is a non look-through instrument under the Investor Service Model: autonomous recommendation, with no distribution agreement with the AIFM.
03♣
When a fund manager brings you a Yooro-structured deal, your shelf approval is the only step left.
Notes already issued. Clearstream-custodied, ISIN-registered, with the full MiFID II documentation package already prepared.
04♦
Every active private deal feeds into your systems. Your UHNWI clients can use them as collateral.
Standardized lifecycle management compatible with Avaloq, Temenos and Bloomberg. Clearstream-custodied ISIN securities technically eligible as Lombard loan collateral.
The connection, explained
From deal flow to shelf-ready instrument. In three steps.
Explore the path from the underlying investment to a security in bank custody.
Illustrative structure. Investor eligibility, documentation and custody arrangements are assessed for each issuance.
The connections behind distribution
Why private banks choose Yooro.
01 / 04
Responsive where incumbents are slow.
Traditional Luxembourg providers are compartmentalized: legal firm, ManCo, corporate administrator, paying agent. Each has its own timeline. A question that should take a day takes two weeks. Yooro is a single point of contact. When your team has a question, it gets answered by people who know the deal.
02 / 04
Investment banking expertise, not just legal infrastructure.
Our team brings investment banking, legal and operational experience in Luxembourg securitization for private banks serving HNWI and UHNWI portfolios. We understand the Investment Committee process, and we prepare the documentation to support it.
03 / 04
Already integrated with your infrastructure.
Every Yooro note is registered on Clearstream via Baader Bank as paying agent. Your systems process it exactly like any other ISIN instrument. No special arrangements. No integration project.
04 / 04
MiFID II clean. Every deal. Every time.
Every issuance includes full MiFID II product documentation: classification, target market, risk profile and fee disclosure compatible with the Investor Service Model. Your compliance team approves the framework once. Subsequent deals follow the same structure.
Turning the bank’s own venture selection into a product its professional clients can hold
“
We wanted to bring something genuinely different into our clients' portfolios, and we wanted to arrange the deals ourselves. Yooro helped us to turn each of our selections into a note that our professional clients could easily buy and hold in custody with everything else they own.”
Paolo CitelliHead of Product Governance & Strategy, Banca Investis
The structure
Venture selection
Dedicated compartment
Bank custody
notes issued to date
7
from selection to live subscription
2 to 3 weeks
equivalent minimum subscription
€100,000
Read the case study: Banca Investis
01The investment conviction
The initiative started inside the bank.
Banca Investis had formed a view that late-stage US venture was the exposure worth adding to the portfolio of its professional clients. Not as a satellite curiosity, but as a considered allocation, with the bank doing its own sourcing and its own selection.
“This was not a client request we were reacting to,” says Paolo Citelli, Head of Product Governance & Strategy. “It was a decision about what a portfolio should look like. We had the conviction and we had the capability to pick, source and arrange the deals. What we were looking for was an easy way to let our clients invest in our selection.”
02The constraint
That was the real constraint.
Venture investments are accessible only through bespoke private agreements negotiated with sellers. Perfectly valid instruments, but unusable with private clients.
“You can not propose a 80-page negotiated agreement to a client, even if sophisticated.”
03Four requirements
Three requirements followed.
Size. The exposure had to be reachable at private client ticket size, which meant aggregating demand rather than sending clients into the deal one by one.
Format. It had to arrive as something the network could present and a client could subscribe to through a familiar process.
Custody. It had to sit in the client’s account, next to everything else they hold.
There was a fourth point, and it was decisive.
“Putting individual investors directly into an underlying deal creates an operational load that lands squarely on us. One investor in the underlying, not many. That was non-negotiable.”
04The structure
Yooro helped us to structure each selection as a note issued by a dedicated compartment of its Luxembourg SPV. The bank’s clients hold a security. The compartment, not the bank and not the clients, is the party facing the underlying deal.
Each note is subscribable from the equivalent of 100,000 euro and held in custody at Banca Investis alongside the client’s other positions. 7 notes have been issued to date, with 2-3 weeks from selection to live subscription.
05The result
“The test for us was whether a client would open their portfolio and see this sitting there like any other line,” says Citelli. “They do. That is the whole thing.”
Speaking about the wider decision, Citelli adds: “Venture was the right diversification, but nothing about how it is normally accessed works for a private client. The structuring stopped being a problem.”
The result is a capability rather than a transaction. Banca Investis can act on its own investment convictions in private markets and place them directly on the shelf its bankers sell from, on a repeatable basis.
06About Banca Investis
Banca Investis is an Italian private bank serving professional and high net worth clients. bancainvestis.com
Your next chapter starts here
The OS for private capital markets. Ready to run your deal.
Every deal your bankers wanted to offer and couldn’t. Every fund manager in your network whose notes you couldn’t distribute. Every client who invested through a competitor because you didn’t have the instrument. Yooro exists to make sure that doesn’t happen again.