Structured capital that lowers the cost of capital—and expands your options.

Sometimes the best solution isn’t “debt or equity.” It’s structure: designing capital that matches the true risk of the asset and cash flows, protects flexibility, and reduces the overall cost of capital.
Core capabilities
  • We advise on complex capital solutions such as: 
    • Hybrid capital that can behave like equity in flexibility, carry a cost closer to debt, and be structured to avoid tripping restrictive covenant frameworks (where applicable) 
    • Bespoke securitizations of atypical assets and cash flows when traditional lenders misprice or won’t finance them 
    • Tranching capital structures so each layer of risk is funded by the right capital provider—reducing the blended cost of capital 
    • Ratings- and covenant-aware structuring to preserve operational flexibility and future financing capacity 

Why it matters 

Done well, structured capital can: 

1

Reduce blended cost of capital

2

Increase liquidity without unnecessary dilution

3

Extend maturities / reduce refinancing risk

4

Preserve covenant headroom

5

Finance assets lenders typically ignore