Fundraising infrastructure means everything you need around the capital-raising work itself: license, supervision, passporting, compliance, technology. We provide all of it as one integrated layer so placement teams and asset managers can focus on investors and mandates.
Alternative investment fundraising infrastructure is the regulated, operational, and technological foundation required to raise private capital across Europe. It typically includes a MiFID II investment firm license, supervisory and compliance operations, MiFID II passporting to EEA markets, and an investor-facing fundraising platform. substnz Capital Partners provides this stack as an integrated service for placement agents, capital-raising boutiques, and asset managers distributing alternative investment funds (real estate, infrastructure, private equity, venture capital, private credit, secondaries) to professional investors.
Raising capital for an alternative investment fund in Europe is regulated activity. To market to professional investors in Germany, France, Luxembourg, the Nordics, or any other EEA market, you need a licensed investment firm in the chain. You also need the operational backbone that comes with it: compliance, supervisory function, investor onboarding processes, recordkeeping, regulatory reporting.
And then you need the day-to-day software. Investor CRM, pipeline tracking, data rooms, fee tracking, GP/strategy management. The infrastructure that turns relationships into closed commitments.
substnz combines all three layers into a single offering: regulatory, operational, technological. Placement professionals join as tied agents under our BaFin license. Asset managers can have their distribution teams operate under the same framework. Both gain pan-European reach without building or buying any of the underlying stack themselves.
BaFin investment firm license. MiFID II passporting to 17+ EEA markets. Tied agent registration. Haftungsdach supervisory framework. Compliance operations including AML/KYC, suitability, conflicts, regulatory reporting.
Purpose-built fundraising platform: investor CRM, pipeline with custom stages, virtual data rooms, invoicing and fee tracking, GP/strategy management, onboarding workflows. Designed specifically for private capital placement.
Single regulatory home, pan-European market access. Serve professional and institutional investors in Germany, Austria, France, Italy, Luxembourg, the Nordics, Benelux, Iberia, Central and Eastern Europe under one license.
Real estate, infrastructure, private equity, venture capital, private credit, secondaries, co-investments. Product-agnostic within alternatives as long as your investors qualify as professional clients under MiFID II.
Fit-and-proper assessment, BaFin registration, internal procedures, platform setup, and end-to-end support. Typical activation: 4 to 8 weeks. Ongoing supervisory and compliance support throughout.
Two clear economic models: fixed-fee or fully aligned revenue-share. No hidden costs, no opaque sub-arrangements. Details discussed during the intro call.
Independent placement agents who want to operate under a regulated umbrella without building their own investment firm. Investor relationships and mandates stay fully their own.
Capital-raising boutiques and family-office adjacents distributing alternative investment funds across Europe who need regulated coverage in multiple jurisdictions from day one.
Asset managers (GPs, fund sponsors) whose in-house distribution team needs an independent BaFin-supervised regulatory home, rather than routing everything through their AIFM or a third-party placement firm.
Non-EU managers seeking credible, passportable European distribution without setting up a standalone European licensed entity.
A deal-by-deal placement relationship is transactional. A firm places one product for one raise, then the relationship resets with the next deal. Fundraising infrastructure is structural. You operate continuously as a tied agent under a regulated investment firm’s license, keep your own investor relationships and mandates, and run the day to day on a shared technology and compliance stack. One regulated home across products and fund vintages, rather than a fresh arrangement for every deal.
Because separating them creates friction. If your CRM doesn’t know about your compliance constraints, you spend time bridging them manually. If your investor onboarding lives outside your regulated entity, audit trail becomes a project. Integrating both layers reduces operational overhead and risk.
Real estate, infrastructure, private equity, venture capital, private credit, secondaries, co-investments. We are product-agnostic within alternative investments, provided investors qualify as professional clients under MiFID II.
Yes, within the limits of the regime. Under AIFMD, pre-marketing is an activity of the EU AIFM, and the AIFM can have it carried out on its behalf by an authorised investment firm or by that firm’s tied agents. That is exactly the channel our placement professionals provide. They can test professional investor appetite for a strategy, or for a fund not yet registered for marketing, using draft materials only and within a documented scope. We keep records of what was shared, with whom, and when, because the AIFM has to notify its home regulator and because any subscription in the following 18 months is treated as marketing. This route requires an EU AIFM. Where a non-EU manager acts as its own manager there is no equivalent pre-marketing regime, and we structure the approach through national private placement or genuine reverse solicitation instead.
Tied agent is the legal mechanism by which placement professionals operate under our license. Fundraising infrastructure is the broader stack (license, compliance, passporting, platform) viewed as one integrated offering. Most people who use our infrastructure do so via the tied agent model.
The regulatory layer is the core; you cannot operate as a tied agent without it. The technology platform is included at no additional cost but you are not required to use it. Compliance operations are part of the regulated relationship and cannot be opted out of.
Tell us about your fund, distribution model, target markets, and timeline. We’ll walk you through how the regulatory, operational, and technology layers come together for your specific case.