Credit
Structured credit
The CRA, CRI and FIDC market: issuance volume, spreads, collateral quality and what shifts in regulation.
Research
The desk’s reading, published.
Thesis notes, sector analysis and cycle reading produced by the investment team — the same material that underpins our allocation decisions.
In preparation
The first publications are coming shortly.
We are preparing our research material for open publication. If you would like the notes as they are released, send us an email and we will add you to the distribution list.
Join the listCoverage
What we will cover.
Distressed
Special situations
Judicial reorganisations, NPL portfolios and liability management — where the cycle opens an entry window.
Agri
Agribusiness
Harvest, price basis, cost of funding in the field, and the gradual replacement of bank credit by securitisation.
M&A
Mergers and acquisitions
Multiples being paid, strategic buyer appetite and how to read the window for a sale process.
Real Estate
Property market
The development cycle, income assets, built-to-suit and the appetite of listed property funds.
Macro
Macro and cycle
Real rates, the credit curve and what those variables do in practice to the pricing of illiquid assets.
Next step
Bring the deal. We design the structure.
Acquisition mandates, debt structuring, balance-sheet restructuring or company sale. The first conversation is technical and carries no obligation.