What jurisdictions does HCP cover?

HCP supports active and live infrastructure across Switzerland, Luxembourg, DIFC, ADGM, Singapore, Mauritius, BVI, Cayman Islands, and Bermuda. Each jurisdiction is covered with local counsel, compliance infrastructure, and regulatory relationships.

Does HCP manage money or provide investment advice?

No. HCP is a fund infrastructure firm. We build and support the operations of structures, operating layers, and compliance frameworks that fund managers and asset owners use to deploy capital. We do not manage assets, select investments, or provide investment recommendations.

What types of clients does HCP work with?

HCP works exclusively with eligible institutional and professional investors, family offices, asset managers, boutique banks, capital allocators, and investment advisors who need cross-border fund infrastructure.

How does HCP handle tokenised fund structures?

HCP integrates onchain fund administration technology (ERC-6909 standards) for tokenised share classes, real-time NAV, and smart-contract-driven compliance workflows. The technology runs on the fume.finance platform as an operational tool within HCP's institutional framework.

What is the typical timeline for a fund launch through HCP?

Timeline depends on jurisdiction, structure complexity, and regulatory approvals. A Luxembourg SLP through a rented AIFM can be operational in 8 days with our support. CLN, tracker securitisation structures have launched in as few as 6 business days.

How does HCP charge for its services?

HCP works on structuring fees (project-based, scoped to mandate complexity), ongoing administration fees (basis-point or flat-fee, depending on AUM and service level), and flat, cost covering retainer arrangements for ongoing advisory. Success fees on capital raised only upon mutual agreement. No hidden charges.

AI-Ready Fund Operations | Hummingbird Capital Partners

Q: What is operational alpha?

Operational alpha is the measurable value created by better infrastructure, controls, and processes, independent of investment performance. It shows up as lower cost of operations, faster time to market, cleaner audits, and fewer manual reconciliation cycles. Investment alpha gets competed away. Operational alpha compounds.

Fume x HCP Fume

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Stablecoin subscriptions today. AI-agent compatibility tomorrow.

AI agents already execute trades, hold wallets, and deploy capital 24/7. Stablecoins settle over $10 trillion per year. Fund administration still runs on email, PDFs, and manual wire reconciliation. HCP and Fume close that gap: programmable fund operations that work for both human principals and autonomous agents, without replacing your existing infrastructure.

Capital moves at machine speed. Fund admin does not.

What's happening now

AI agents executing trades autonomously
Stablecoins settling $10T+ per year
Capital flowing 24/7/365 across chains

What's still manual

Subscription via email and PDF
NAV calculated from spreadsheets
Fee invoices sent by wire, weeks later

AI can trade in milliseconds. But it cannot subscribe to your fund without a human emailing a PDF.

Make your fund operations machine-readable.

PrincipalAI AgentStablecoin depositSmart contractNAV, fees, units, payoutYour Dashboard

ACCEPT

The principal's AI agent deposits USDC via whitelisted wallet. AML-gated. No email. No PDF. No human.

DEPLOY

Capital routes to fund wallet. Staking, RWAs, strategies. Fume records, never touches.

MANAGE

NAV computed in seconds. Fees with per-investor HWM. On-chain audit trail. No spreadsheet.

DISTRIBUTE

Yield, redemptions, reporting. One transaction. Real-time. The agent reads it. So do you.

Two curves are accelerating. Fund administration is flat.

$250B+

Stablecoin market cap

2x in 18 months (as of Q1 2026)

$4.8T

AI agent market by 2028

44% CAGR (MarketsandMarkets)

Near-zero

Fund admin automation rate

Still email + spreadsheet + wire

Your fund. Your brand. Programmable operations underneath.

Integrated, not bolted on

Fume's technology plugs into your existing workflow. Your brand stays front and center. Machine-readable from day one.

Aligned economics

No upfront technology cost. We grow when your fund grows. Commercial terms discussed in consultation.

Start with one fund

Pilot with a stablecoin-native client. Prove the model. Scale to full AI-ready operations when you are ready.

You keep everything

Clients. Licenses. Relationships. We upgrade the plumbing. You own the building.

Funds & Securitisation Services Request Consultation via form

Download the Fume x HCP Overview Deck

7-page PDF covering the problem, the solution, and what you get.

One conversation. No obligation.

Product & Platform

Riccardo Conti

CEO & Co-Founder, FumeX AG

[email protected]fume.finance

Fund Structuring

Antonino Sardegno

Managing Partner, Hummingbird Capital Partners AG

[email protected]hcpartners-group.com

Product demo: Riccardo | Fund structuring: Antonino | Both: 30-min joint call

Explore Further

Insight

What Is Operational Alpha?

How better infrastructure generates measurable value independent of investment performance.

Glossary

ERC-6909 Token Standard

The multi-token standard powering tokenised share classes in a single smart contract.

Glossary

Smart Contract

Self-executing programs that automate NAV, fees, and compliance on-chain.

Solution

Operating Layer Solution

Human-led consultancy with tech-enabled oversight for fund operations.

Solution

Cross-Border Investment

Deploy capital across jurisdictions through a unified operating layer.

Case Study

Case Studies

Real mandates - Luxembourg SLP, CLN 6-day execution, ADGM-to-Luxembourg migration.

Legal Notice

No Investment Advice

This page is for informational purposes only and does not constitute an offer, solicitation, or recommendation to buy or sell any securities, financial instruments, or services. Nothing herein constitutes investment, legal, tax, or regulatory advice.

Technology Provider Status

FumeX AG (Locarno, Switzerland) is a technology provider. It does not custody client assets, manage investments, or act as a financial intermediary. Fume provides software-as-a-service for fund administration automation. Fume is not a fund administrator, transfer agent, paying agent, or regulated financial institution. Licensed fund administrators and managers retain full regulatory accountability for fund operations conducted using Fume's platform.

Swiss Financial Services Act (FinSA)

Hummingbird Services GmbH, fully owned by Hummingbird Capital Partners AG (HCP) is the Swiss registered client advisor (Registration #AS61372) as per the Swiss Financial Services Act (FinSA/FIDLEG). Regulated fields of activity include: acceptance and transmission of orders relating to financial instruments; acquisition and disposal of financial instruments; granting of credits for the execution of transactions in financial instruments. HCP works exclusively with eligible institutional and professional investors.

Forward-Looking Statements

This page may contain forward-looking statements regarding market trends, product capabilities, and industry developments. These statements involve risks and uncertainties. Actual results may differ materially. Market data and third-party benchmarks cited herein have not been independently verified.

Audience Restriction

HCP works exclusively with eligible institutional and professional investors as defined by applicable law. This capability is not available to retail investors.