Specialties

Specialised in
the complex.

We focus on the non-linear corners of private credit where traditional automation fails and manual structuring is too slow.

Borrowing-base certificates, eligibility waterfalls, advance-rate calibration.

ARR-backed facilities with cohort retention and gross-margin gating.

LTC/LTV stress, debt yield testing, exit refinance scenarios.

Long-dated covenant modelling, ratings-aware tranching, DSCR profiles.

Intercreditor logic, PIK toggles, equity kicker valuation.

First-out / last-out splits, AAL agreements, blended pricing.

Recovery-led structuring, collateral re-pricing, DIP scaffolding.

Obligor concentration, dilution analysis, true-sale documentation.

The engine

Intelligence beneath
a calm surface.

The capabilities below run inside every deal package, quietly, consistently, and traceably.

Covenant Synthesis
LLM-grounded extraction that converts legal prose into executable monitoring logic, without losing the carve-outs.
Risk Simulation
Path-dependent Monte Carlo applied to your specific cap stack, not a generic template.
Mandate Routing
Vector-encoded fit scoring against a live registry of fund credit boxes and active appetite.
Source-of-Truth Linking
Every figure in every memo links back to the exact cell, line, or filing it came from.