The Zurich-based Fintech, which aims to make private equity investments more widely accessible, is hiring two new managers, while raising additional funds to expand.
Stableton is appointing Igor Shelemetiev as its chief revenue officer and Christian Schmid to its head of investments, effective October 1, according to a statement Wednesday. Both hires will support the company's expansion efforts, the company says.
In the newly created role, Shelemetiev will oversee the company's revenue growth initiatives, which include strategic business development, marketing and sales. Shelemetiev, who joins from the Riga-based fintech Mintos, will also sit on the management board.
Schmid will oversee Stableton's alternative investments activities with a particular focus on venture-backed companies and related company offerings. Prior to joining Stableton, Christian worked at Unigestion, where he was responsible for multiple portfolio companies in technology and healthcare, within the private equity team, the statement says.
Expansion Plans
Following the successful closing of its seed funding round in June, Stableton announced that it was preparing a substantial Series A financing round for faster expansion in the second half of the year. «We are observing an enormous appetite for late-stage venture capital and pre-IPO investments,» Andreas Bezner, co-Founder and CEO of Stableton, says in the statement. A development which has helped Stableton establish itself as «the leading Swiss allocator for qualified investors in these segments,» he adds.
Stableton's platform gives qualified and institutional investors access to liquid alternative investments, private equity, including venture capital, private debt and real assets.
