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Structure creates Opportunity. Capital follows.
Switzerland · Europe · United States
We operate at the intersection of institutional capital, structured finance, and deep tech — originating vehicles and mandates where standard instruments don't reach.
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The Thesis
Capital Architecture
The constraint was never capital. It was always structure.
wait, what. designs financing structures before market templates exist. We operate at the intersection of institutional capital, structured finance, and deep tech — originating vehicles and mandates where standard instruments don't reach.
This is Capital Architecture. A discipline, not a service category. We enter before the template exists — and build the structure that makes the investment possible.
What sets us apart
- We design before the template exists
- Institutional discipline from day one
- Origination at the frontier of public and private capital
- Deep tech, real assets, and transition finance
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Active Platforms
ARC · ARS · ACE
Three active platforms. Each one a purpose-built financing architecture for a distinct market gap.
ARC — Asset-Based Finance
Timber supply chain lending. Short-duration, yield-generating, asset-secured. Strongest cycle alignment with current institutional appetite in private credit.
Open for LP conversations
ARS — Defense Credit
Venture debt for European defense tech scale-ups. Europe's first defense-specialised credit fund. First-close window is live — spread compression begins in 18–24 months.
First-close window open
ACE — Income Sharing Agreements
Structured yield tied to human capital returns. Architecturally early for European markets. Positioned for a 3–5 year deployment horizon.
In formation
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How We Work
Signal. Structure. Deploy.
Three steps. No shortcuts. The architecture precedes the capital, every time.
01 · Signal
We identify structural gaps before they become consensus trades. Thematic conviction built from market observation, not data aggregation.
02 · Structure
We design the financing architecture from first principles. Fund vehicles, capital stacks, blended layers, and SPV infrastructure — built before the template exists.
03 · Deploy
We anchor capital and execute with institutional discipline. Governance, reporting, and LP relations built to institutional standard from day one.
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Capability
Where most advisors stop, we start.
Fund Structuring
AIFMD-compliant vehicles, RAIF-SICAV, compartmentalised structures
Securitisation
Receivables, significant risk transfer (SRT), asset-backed finance
Blended Finance
Concessional layering, DFI coordination, first-loss design
Structured Credit
Asset-backed lending, venture debt, structured credit facilities
Tokenisation
TVTG/MiCAR-compliant SPV infrastructure via Liechtenstein
Advisory Mandates
Capital architecture, fund design, institutional LP strategy
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Leadership
Tobias Temmen — Managing Director
30+
Ventures Launched
€1.5bn+
Assets Structured
20+
Years Experience
VC, PE, Structured Finance
Academic & Professional Background
Kellogg-WHU EMBA · MIT REAP Ambassador
Former Interim COO at coparion (KfW/EIB-backed, EUR 275M). Senior roles at Aon Risk Solutions, Factory Berlin, and FIS.
Research and teaching in blended finance, securitisation, and public innovation finance.
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Capital Architecture Institute
Building the intellectual infrastructure for the discipline.
The Capital Architecture Institute (CAI) develops frameworks, tools, and research for practitioners who design financing structures at the frontier of public and private capital.
CAI positions Capital Architecture as a distinct discipline — not impact finance, not alternative investment advisory. A rigorous, practitioner-led body of knowledge for those who build where no template yet exists.
Frameworks
Practitioner tools for designing financing structures at the frontier
Research
Original work in blended finance, securitisation, and structured credit
A Distinct Discipline
Not impact finance. Not advisory. Capital Architecture as its own field.
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Work With Us
Three entry points.
For Institutional LPs
Co-investment access and fund participation across ARC, ARS, and ACE.
- Structured entry
- Institutional governance
- Clear mandate scope
For DFIs & Anchor Investors
Blended finance facilities, first-loss structures, and structured lending programmes.
- Measurable KPIs
- Institutional reporting
- DFI coordination
For Strategic Partners
Capital architecture mandates, deal origination, and bespoke vehicle design.
- Innovation finance
- Real assets
- Transition finance
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Structure creates. Capital follows.
Our Offices
wait, what. AG · Zürich, Switzerland
wait, what. OÜ · Tallinn, Estonia
wait, what. LLC · United States
wait, what. OÜ · Tallinn, Estonia
wait, what. LLC · United States
Directed solely at professional and qualified investors. Not an offer or solicitation in any jurisdiction where such activity would be unlawful.
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