Special Situations

Capital and conviction where others hesitate.

We partner with owners, lenders and receivers where capital, structure or execution has stalled.

I.

Stalled Projects

Replacement or additional equity for projects where funding or delivery has stalled.

II.

Recapitalisation

Restructuring the capital stack of businesses and assets carrying excessive debt.

III.

Transitions

Owner and founder transitions, and assets held by receivers, lenders or administrators.

Parameters

Defined parameters. Considered on merit.

Capital type
Equity, preferred equity and structured capital
Typical transaction size
NZ$5 million and above
Sectors
Infrastructure, energy, healthcare and operating assets
Geography
New Zealand and Australia

Process

Decisive. Disciplined.

I

Assessment

We assess the position, the capital requirement and the path to recovery quickly.

II

Restructuring

We reshape the capital structure, governance and delivery plan with owners and lenders.

III

Capital

We introduce long-term capital through our capital partners.

IV

Stewardship

We remain engaged through governance and oversight to realisation.

How We Partner

Working with owners and advisers.

We work directly with owners and alongside banks, insolvency practitioners, accountants and legal advisers. Every engagement is conducted in confidence.

Speed

We move quickly where time matters.

Flexibility

Structures tailored to each situation.

Certainty

Capital available through our capital partners for opportunities that withstand scrutiny.

Discretion

Situations and parties are not disclosed.

Discuss a situation in confidence.

Enquiries are treated with complete discretion.