Capital Markets

Pre-IPO financing allows companies approaching public markets to access capital at attractive terms while maintaining flexibility on timing. We examine the range of pre-IPO structures available, the investor universe, valuation considerations, and the legal and structural protections that sophistica

The green bond and sustainability-linked finance market has grown to over $1 trillion in annual issuance. We examine the full range of ESG capital market instruments, the framework requirements for issuance, the investor demand landscape, and how issuers can most effectively access this rapidly grow

Co-investment has become one of the most sought-after structures in private markets, allowing limited partners to invest alongside general partners in specific transactions at reduced or zero fees. We examine the co-investment landscape, how to structure co-investment agreements, and the due diligen

Growth companies face a complex and rapidly evolving private markets funding landscape. From family office direct investment to growth equity and venture debt, the range of capital sources has expanded significantly. We examine the full funding landscape for growth companies and how to match the rig

Mezzanine finance occupies a critical position in the capital structure of leveraged transactions, acquisitions, and growth financings. We examine the range of mezzanine instruments available, pricing and return expectations, covenant structures, and the scenarios where mezzanine finance offers the

The global sukuk market has grown to over $800 billion in outstanding issuance, providing Sharia-compliant capital market funding for sovereigns, corporates, and infrastructure projects. We examine sukuk structures, the investor base, issuance considerations, and the role of sukuk in financing infra

The SPAC boom of 2020-2021 and subsequent correction has generated important lessons about structure, alignment, and execution. We examine what the SPAC experience has taught capital markets participants about blank-cheque vehicles, and where SPAC structures continue to offer value in specific trans

Private credit has emerged as a dominant force in corporate lending, filling the void left by bank retrenchment and offering borrowers flexibility unavailable in syndicated loan markets. We examine the private credit landscape, pricing dynamics, covenant considerations, and how borrowers should appr

Private capital markets are absorbing an increasing share of global investment activity as companies remain private longer and institutional investors diversify away from public markets. We examine the current flows across private equity, private credit, and venture capital, and the implications for