Structures for capital that crosses borders and generations.
Swiss advisory for managers, family offices and professional investors. We recommend the vehicle and jurisdiction, then coordinate licensed partners through to launch across 9 jurisdictions.
HCP in 45 seconds
Starts muted when visible, if your browser and preferences allow. Choose Play to start or resume; Unmute enables the English narration. Captions start on while muted. Fullscreen and further controls are available in the video player.
Clear responsibilities, conflict controls and ongoing reporting for traditional and tokenised investments. HCP coordinates traditional finance and DeFi through specialist providers: Luxembourg funds or securitisation notes, Mauritius fund management, and BVI and Cayman fund advisory. Singapore VCCs offer segregated sub-funds; ADGM and DIFC ICCs have separately incorporated cells. Structuring, onboarding and reporting, with tokenisation where appropriate. Narration is in British English; captions are available in English, German, French and Italian.
Read the English transcript
Your investment strategy needs the right structure and clear responsibilities. HCP brings together the vehicle, specialist providers and ongoing operations, with defined decision-making, conflict controls and reporting, for traditional and tokenised investments alike. Luxembourg funds or securitisation notes, Mauritius fund management, and BVI and Cayman fund advisory. Singapore’s variable capital companies: segregated sub-funds. ADGM and DIFC: incorporated cells with separate legal identities. Tokenisation, where appropriate. Discuss your strategy. Define the right structure.
HCP coordinates; specialist providers perform fund management in Mauritius and fund advisory in BVI and Cayman. Luxembourg structures use fund or securitisation-note routes. A Singapore umbrella VCC is one legal entity; its segregated sub-funds are not separate legal persons. A permissible fund manager is required. ADGM and DIFC ICCs have separately incorporated cells; UAE structures are mandate-specific and subject to local requirements and required approvals. Private placements are for eligible investors. Investments involve risk; neither returns nor liquidity are guaranteed. Tokenisation is not the same as DeFi.
Discuss your strategy. Define the right structure.Why Is Legacy Infrastructure Holding Fund Managers Back?
Fund admin scattered across five jurisdictions, none of them talking to each other
Reconciliation still running on spreadsheets - in 2026
Twelve weeks to launch a fund because the lawyers can't agree on structure
Digital assets bolted on as an afterthought, with no audit trail to show for it
What Is Operational Alpha and How Does HCP Deliver It?
Built by operators who have navigated these exact problems - not theorists who have only read about them.
AML/CFT controls designed around the FATF Recommendations.
NAV evidence available near real time where on-chain registers are used, not reconstructed three days later
One compliance framework that covers both TradFi and DeFi - no parallel systems
Custody coordination and reporting built to be audit-ready
26 years
Managing Partner's experience in trading, structured finance, consulting and UHNWI advisory
9 jurisdictions
coordinated from Zurich
Since 2008
with counterparts in the GCC, India, Singapore and Mauritius
Since 2021
Managing Partner registered as client adviser under FinSA, no. AS61372
Institutional Investment Infrastructure
Cross-Border Investment
Vehicle and jurisdiction advisory across Luxembourg, ADGM, DIFC, Singapore, Mauritius, Bermuda, BVI and Cayman Islands.
Funds and Securitisation
Advisory on Luxembourg funds and securitisation compartments (AMC, CLN, tracker certificates). Tokenised share classes via a separate technology provider.
Operating Layer
Coordinated middle and back office for asset managers and family offices. Administration, NAV calculation and investor reporting delivered by licensed or specialist partners.
From first call to operational
Intake and due diligence: objectives, investor base, constraints. KYC and EDD before any mandate.
Recommendation: vehicle, jurisdiction, providers, timeline and running-cost estimate in writing.
Set-up: you contract licensed partners directly; we coordinate milestones to launch.
Ongoing, Operating layer: reporting, NAV and compliance calendar coordinated with your providers.
Who we work with
Bring an investment idea to market
A structure your investors can say yes to, with AML/KYC documentation ready before the first investor commits.
How it worksFor family offices
Family capital: structured, operated, evidenced
Private fund, SPV and holding structures across jurisdictions, operated through licensed providers, with an on-chain register and NAV evidence where you want it. Discretion by default.
How it worksFor founders
Where HCP invests its own capital
HCP invests its own capital in a small number of companies.
How it worksWe are not selling returns. We are selling fewer avoidable ways to lose money.
Our service principle: clear scope, sound controls and accountable execution. Capital remains at risk.
For eligible professional and institutional investors. General information. Capital at risk. Structure and eligibility require individual assessment.
Who Leads Hummingbird Capital Partners?
Antonino Sardegno
Managing Partner
Antonino Sardegno is Managing Partner of Hummingbird Capital Partners. He brings 26 years across trading desks, structured finance, consulting and UHNWI advisory, and has worked with counterparts in the GCC, India, Singapore and Mauritius since 2008. He holds a law degree (lic. iur.) from the University of St. Gallen (HSG).
Roles as at October 2026.
Discretion by Design
We do not publish client names, mandates or client statements. Discretion is part of the service.
References are available on request, under NDA, to qualified counterparties.
Featured Insights
Latest analysis from our team - where TradFi meets DLT.
Fund tokenisation: six practical points from the CSSF
The CSSF confirms that Luxembourg investment funds can issue native tokenised units or shares, provided the operating model complies with the applicable framework.
AI & Fund InfrastructureFund Industry: No Pipes for AI Capital
AI agents are already moving capital - they hold wallets, allocate, trade, and run treasury 24/7.
RegulatorySEC Token Taxonomy: Five Categories, Four Are Not Securities
The SEC and CFTC jointly released Release No.
Frequently Asked Questions
What we do, how we do it, and why it matters. No jargon where plain language works.
What does HCP need to fix for you?
Four questions. Sixty seconds. We come back inside one business day with what we would scope first, or we tell you we are not the right fit.
Which describes you?
HCP works exclusively with eligible institutional and professional investors. Your data is handled in accordance with the Swiss Federal Act on Data Protection (FADP/DSG) and GDPR.
Privacy, in plain words
We ask for three things: your name, work e-mail and company.
Only our Managing Partner reads enquiries.
Without a mandate, we delete your enquiry after 12 months.
No advertising trackers and no tracking cookies. Visitor statistics are aggregated and cookieless.
Spam protection on forms: Google reCAPTCHA.