Haute Capital Partners,
a Swiss investment company dedicated to private equity
Listed on BX Swiss under the ticker HAUTE
Haute Capital Partners SA is a Swiss investment company dedicated to private equity, listed on BX Swiss under the ticker HAUTE (ISIN CH1115678950, Swiss security number 111567895). Its registered German name is Haute Capital Partners AG.
Founded in 2017 by Thibault Leroy Bürki and admitted to listing on 23 May 2022, the company is present in Biel/Bienne, in the canton of Bern, and in Zurich.
The company invests its own balance sheet in the equity of unlisted Swiss and European companies. It holds them as long-term positions and supports them in their development. Its share, tradeable on an exchange, gives access to this portfolio through a single security.
Names
Haute Capital Partners SA, Haute Capital Partners AG
Legal form
Swiss stock corporation, listed
Activity
Investment company dedicated to private equity
Founded
2017, by Thibault Leroy Bürki
Admission to listing
23 May 2022, BX Swiss
Ticker, ISIN, security number
HAUTE, CH1115678950, 111567895
Trading currency
CHF
UID
CHE-225.664.737
Registered office
Plänkestrasse 32, CH-2502 Biel/Bienne
Zurich office
Gerbergasse 5, CH-8001 Zurich
Contact
+41 32 321 35 35, info@haute.com

A listed investment company
Haute Capital Partners is a listed company that invests its own balance sheet and holds its investments directly. Its shareholders own the company that holds the portfolio.
Exposure to the portfolio is obtained by acquiring a share, tradeable on an exchange, with no lock-up, no minimum amount, denominated in Swiss francs.
This format involves a trade-off. The share price is set by the market. The net asset value reflects the book value of net assets at a closing date. These two figures measure different things, and the gap between them can be significant and lasting, in either direction.
Investment policy
Haute Capital Partners invests in the equity of unlisted Swiss and European companies, in deep tech, life sciences and health, and financial technology.
These are fields in which Switzerland has an established scientific and industrial base, in which development cycles are long, and in which access to growth capital remains narrow.
The company operates at different stages of maturity, from seed to established growth, in minority positions. It applies neither an exclusive sector focus nor a predefined ownership threshold. Each position rests on its own investment thesis.
Three principles govern the management of the portfolio: selection, support, time.
Selection. Identify companies whose growth trajectory is clear and whose value is not yet reflected in their valuation. The examination covers technological or industrial substance, the quality of the management team and the company's ability to finance its development.
Support. Go beyond the capital contribution: connections with co-investors, assistance with structuring, governance and market access. A minority position in a company that grows produces more value than control of a company that stagnates.
Time. Hold positions as lasting positions. An industrial thesis takes years to materialise. A shareholder who exits at the first step does not reap what he helped to build.
The investment guidelines are published on the investor page. The composition of the portfolio is on the portfolio page. New investments are announced in the newsroom.
Governance
Haute Capital Partners SA is a listed Swiss stock corporation. It is subject to Swiss company law and to the BX Swiss rules applicable to its issuers: listing conditions, periodic reporting, ad hoc publicity, disclosure of management transactions.
Its corporate bodies are the general meeting of shareholders, the Board of Directors and the statutory auditor, the latter two elected by the general meeting and recorded in the commercial register. The Board appoints the executive management and supervises its action. An advisory board provides external support.
The company's founder is its chief executive and reference shareholder. His interests are aligned with those of the other shareholders: he is exposed to the same share at the same price.
Any transaction between the company and a related party, including an entity controlled by its reference shareholder, is the subject of an ad hoc announcement published in the newsroom and is disclosed in the annual accounts. This principle applies without exception.
The current composition of the Board of Directors, the executive management and the advisory board is published on the governance page. Official entries can be consulted in the Swiss commercial register at zefix.ch under UID CHE-225.664.737.
Shareholder information
Haute Capital Partners publishes its financial and regulatory information on its investor page: annual and half-year reports, consolidated and statutory accounts, auditor's reports, compensation report, investment guidelines, disclosure of shareholdings, minutes of general meetings, risk disclosures, financial calendar.
Press releases, including ad hoc announcements, are published in the newsroom. The share price and the issuer profile are published by BX Swiss.
Any material information concerning the company is communicated through these channels. That is where current information is found. In case of discrepancy, those documents are authoritative, not this website.
Risk factors
An investment in shares carries a risk of total loss of the capital invested. The factors below are inherent to the model and are therefore permanent. They constitute neither advice nor an exhaustive list. The risk disclosures available on the investor page are authoritative.
Gap between price and book value: the share price is set by the market and can diverge durably, in either direction, from the published net asset value.
Valuation of the underlying: the holdings are unlisted companies with no observable market price. Their balance-sheet value results from valuation methods described in the notes to the accounts.
Portfolio concentration: the portfolio comprises a limited number of positions. The evolution of one of them can weigh significantly on the whole.
Illiquidity of the underlying: an unlisted holding cannot be sold quickly, nor at a price known in advance.
Liquidity of the share: BX Swiss is a market whose volumes are lower than those of a major exchange. Available liquidity may be limited on certain trading days.
Investment horizon: the model is built for the long term. It is not suited to a short investment horizon.
Concentration of governance: the company's founder is both its chief executive and its reference shareholder.
Regulatory environment: like any listed issuer, the company is exposed to regulatory developments and to requests from the competent authorities.
Locations
Haute Capital Partners is present in Biel/Bienne, in the canton of Bern, and in Zurich.
The company's registered office is at Plänkestrasse 32, CH-2502 Biel/Bienne. The Zurich office is at Gerbergasse 5, CH-8001 Zurich, in the heart of the Swiss-German financial centre and close to the city's innovation ecosystem.
Access to information
Financial reports, shareholdings, calendar, regulatory documents
Press releases and ad hoc announcements
Thibault Leroy Bürki, Founder and CEO
Among the many examples of not having a grasp of this topic, my favourite is "I don't use pronouns."

