Rights and obligations
Equity, debt and hybrid instruments allocate returns, control and risk differently. Those consequences deserve attention before a capital structure is recommended.
AFII / Industry Perspective
Financial Services & Investment
Investment, asset and capital structures considered with a long-term commercial perspective.
A Closer Perspective
Investment decisions become more useful when their economic logic and governance are equally clear.
Investment structures are shaped by the assets they hold, the rights they create and the expectations of the parties providing capital. AFII began with proprietary investments and subsequently expanded into structured finance, asset management concepts and investment platforms. The relevant work is therefore about understanding the structure as much as the investment thesis.
This area reflects the group's experience in investment banking and capital raising, structured investment arrangements, asset strategies and principal investments. A specific engagement may require licensed or regulated service providers; availability of any product is subject to the relevant entity and jurisdiction.
Commercial Considerations
What Makes This
Sector Different.
Good advice begins with understanding the constraints and choices specific to the underlying business or asset.
Liquidity and duration
Investors and underlying assets may have very different time horizons. A structure should make those differences visible, especially where assets are illiquid.
Governance and reporting
Investment vehicles and asset-holding arrangements require transparency around oversight, valuation, distributions and the responsibilities of the entities involved.
Our Advisory PerspectiveStructure Should
Structure Should
Follow Substance.
A disciplined capital structure makes the relationship between assets, risks and investors easier to understand—and the long-term responsibilities easier to manage.
Explore Our ExpertiseAssess the investment proposition
AFII considers the underlying commercial opportunity, asset profile and prospective sources of return, with attention to risk and execution assumptions.
Explore structural options
Depending on the mandate, the conversation may cover equity, mezzanine, debt, trust or asset-backed structures, including practical considerations around capital raising and investor alignment.
Connect structure and stewardship
The longer-term implications of ownership, reporting and capital deployment remain part of the assessment, rather than being treated as an afterthought.
AFII
Every mandate has its own commercial reality. The best starting point is to understand that reality properly.
Talk To AFIIHave A Project
Have A Project
In This Sector?
Share the commercial context and the kind of advisory support you are looking for. We can begin with a focused conversation.