Our services
We make any asset investable
Blackbull specializes in converting private equity and alternative assets into bankable, transferable Certificate Notes with their own ISIN, accessible to qualified investors in the regulated capital markets.
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Turn your asset or opportunity
into an investable proposition.
Services
From asset to ISIN
We financial engineer any traditional or alternative asset to make it investable, specializing in converting private equity, illiquid, and non-bankable assets into Certificate Notes - bankable, transferable instruments with their own ISIN, held directly in an investor's bank account.
Core service
Certificate Notes
We make any asset investable
A Certificate Note is a bankable, transferable security issued against your asset or strategy. It carries its own ISIN, settles through the regulated international clearing and settlement system that banks already use, and can be deposited directly into an investor's bank account like any other holding.
This is how a company's private equity is made investable. How a Ferrari collection becomes a portfolio line. How a music catalogue becomes subscribable. How a superyacht's charter income becomes a cashflow-backed instrument. How a sports team raises capital. How art and luxury collections can be leveraged. The underlying assets change; the mechanism does not.
At a glance
- InstrumentAMC / CLN / Tracker
- IdentifierISIN
- Held viaInvestor bank account
- TransferableYes
- ValuationIndependent
- UnderlyingAny asset of value
- InvestorsAsset managers & qualified
- EnvironmentFully regulated
Selected mandates
Certificate Notes we have engineered
Also available
Further services
Meeting global funding sources
Meet qualified capital sources in person, one-on-one, to discuss the funding of your company. Every introduction is drawn from a global network of private and institutional investors.
That network spans Europe, USA, and Asia, with combined managed assets above USD $100bn, and we guarantee the sources you meet are both qualified and interested.
- Europe · USA · Asia
- $100bn+ network
- One-on-one
- Qualified sources
Getting listed cost-effectively
A pay-as-you-go route to a capital market listing. We begin by matching your company's qualifications against the listing suitability of targeted exchanges, so you only pursue venues that fit.
You then select your preferred venue from those that matched, and Blackbull processes and executes the listing on it, keeping the cost to what the outcome genuinely requires.
- Pay-as-you-go
- Suitability match
- Venue selection
- Processed & executed
Feasibility
Not sure your asset can be wrapped
into a certificate note?
Ecosystem
Licensed and Regulated
Operating within a licensed and regulated ecosystem, Blackbull facilitates the advisory, financial engineering, asset management, issuance, and distribution of its investment products, providing confidence and security to both clients and investors.
The platform
The Structured Capital Platform
Blackbull is an official partner of the Structured Capital Platform, the layer that connects asset management, financial engineering, product issuance, and product distribution across a group of specialist member entities, each handling one part of a transaction so that the whole remains institutional-grade end to end.
Affiliated Institutions
Capital markets & Financing Institutions
Blackbull instruments are admitted, listed, traded, and financed across a network of traditional exchanges, OTC markets, digital venues, and financial institutions. Our affiliations include institutions such as SIX SIS, Euroclear, Swissquote Bank, Incore Bank, ISP Securities, Kraken, and more, so each mandate can be placed where it genuinely belongs.
The Circle
Private Capital Network
About
Who we are
Blackbull is a boutique capital advisory and financial engineering firm turning private, illiquid and non-bankable assets into investable instruments. Leveraging our private capital markets network, backed by a team of senior executives with a footprint across six continents and more than twenty years of transactions engineered, Blackbull specializes in making any assets investable.
People
The team
A 30-year track record in investments, capital markets and policy across 30+ countries. Co-founded The Maestro Group, advised U.S. Senator Max Baucus, and spent thirteen years at UBS.
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Focused on structured products, digital-asset listings and securitisation across the certificate programmes. A 2018 World Blockchain Summit speaker and an Edinburgh engineering graduate.
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A valued member of the advisory board for Asia, instrumental in building the firm's relationships across the region and a fixture at its early engagements. Remembered with deep gratitude.
Advisor for Asia with decades of chief-of-staff experience to senior executives and board members across finance, transportation, mining and technology, and Asian-European market transactions.
Advisor for North America in international trade and government relations. Chairman of Jinboast E-Commerce Tianjin, former CEO of the Global Trade & Technology Center, and an NYU MPA.
Global footprint
Where we have been active
Status: 2026
Cities with more than one entry are outlined in gold — click one to zoom in. Click a category above to filter the map.
In their words
References
News
Issuances & announcements
Selected mandates, launches, listings, and completed transactions engineered by Blackbull. This is a running record of corporate news, investment instruments, and capital market admissions delivered for clients across Europe, the Americas, Africa, and Asia.
Guides · By asset
Investing in football clubs: equity, debt and AMCs
Football clubs need capital for squads, stadiums and academies, and their income comes in lumps: broadcasting, transfers, sponsorship. Capital-markets structures can turn those needs and those incomes into investable securities.
How clubs make money
- Broadcasting: central distributions from league and competition media rights.
- Commercial: sponsorship, kit deals and merchandise.
- Matchday: tickets, hospitality and stadium events.
- Player trading: transfer fees, often paid in instalments over several years.
Three ways to invest
Equity buys a share of the club and its upside, along with its losses. Debt lends to the club, often secured on its stadium or its future income. Receivables financing pays the club now for money it is owed later, for example transfer instalments or media distributions, and collects as they come in.
Where a Certificate Note fits
Each of these routes can be packaged as a security with an ISIN. An AMC can hold a stake in a club, or in several clubs, managed by a sports investment specialist. A CLN can finance a club against its receivables or assets and pay investors a fixed coupon. In both cases, investors hold a bankable instrument instead of a direct shareholding or a private loan agreement.
Rules to respect
Football has its own regulation. UEFA's Financial Sustainability Regulations limit how much clubs spend relative to their income. Multi-club ownership rules restrict holdings in clubs that play in the same competition, and national associations often vet new owners. Any structure must be built with these rules in mind.
Risks to understand
- Sporting results drive income: relegation can cut it sharply.
- Cost pressure: wages tend to absorb revenue growth.
- Counterparty risk on transfer instalments owed by other clubs.
- Regulatory change to spending rules or ownership rules.
General information only. This is not financial advice. See the important information at the foot of this page.
Blackbull in practice
Alternative assets we have made investable
Examples of Blackbull’s structuring work, shown for illustration only. They are not an offer, a recommendation or an invitation to invest in any of these instruments.
Blackbull Engineers Alternatives AMC for Swiss-Powered Structured Capital Platform
Blackbull has been mandated to engineer a tailored Actively Managed Certificate dedicated to alternative assets for a swiss-powered financial services plat…
Read the announcement →
The Analogue Collection AMC, designed by Blackbull, goes live
Blackbull confirmed that the Actively Managed Certificate on the Analogue Collection — designed and engineered by Blackbull Equities for a luxury collectio…
Read the announcement →
Blackbull engineers CLN for luxury superyacht
Blackbull Equities has been mandated to engineer and launch a tailored Credit Linked Note as the financial instrument for a luxury superyacht.
Read the announcement →Can supporters invest through a certificate?
Certificates are typically offered to professional and qualified investors through banks. Broader offers need additional documentation, such as a key information document.
What is transfer receivables financing?
When a club sells a player, the buyer often pays in instalments. A financier pays the selling club now and collects the instalments as they fall due.
Does an AMC give voting rights in the club?
Investors hold the certificate, not the shares. Any voting rights sit with the issuer or the manager, according to the terms.
Sources
- UEFA, Financial Sustainability Regulations (2022 edition).
- UEFA, The European Club Finance and Investment Landscape (annual report).
Important information. This guide is not financial advice. It is general information about how certain financial instruments work. It is not investment, legal or tax advice, and it is not an offer or a solicitation to buy or sell any security. Certificate Notes are complex instruments: their value can fall as well as rise, investors can lose some or all of the amount invested, and they are exposed to the credit risk of the issuer. Many are available only to professional or qualified investors, and the rules differ by country. References to Blackbull mandates and launches illustrate our structuring work, are shown for illustration only, and are not an indication of future results. Blackbull Equities provides advisory and structuring services; it does not itself issue securities, accept deposits or manage client assets. This website is not directed at persons in any jurisdiction where its content would be unlawful, including the United States. Seek independent professional advice before making any investment decision.