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Perspectives

Notes from people who clear the market.

Half-yearly recovery data, market notes and the occasional argument. Written by the teams doing the transactions, not by a marketing desk.

  1. ReportDec 2025

    Recovery rates are holding. Expectations are not.

    Our half-yearly read on 340 completed dispositions, and why the gap between appraised and realised value narrowed for the first time since 2021.

    Elena VasquezChief Executive Officer7 min
  2. Market noteNov 2025

    The half-life of a consumer brand is longer than its balance sheet

    Aided recognition decays far more slowly than distribution does. That gap is the entire brand acquisition thesis.

    Rachel OkaforPresident, Brands & IP5 min
  3. WhitepaperOct 2025

    Three places asset-heavy diligence fails, every time

    Consigned goods booked as owned, equipment listed but not located, and receivables that are current but concentrated. A field examiner's account.

    Jonas ParkPresident, Diligence & Advisory11 min
  4. Market noteSep 2025

    You do not have 800 negotiations. You have 74.

    Rent reduction programmes fail when they treat every lease as an opportunity. Leverage is concentrated, and it is measurable in advance.

    Marc FontaineHead of Real Estate Advisory6 min
  5. PodcastAug 2025

    Auction design, or why the reserve is the wrong lever

    A conversation on splitting estates, sealed bids for scarce lots, and pricing de-installation into the lot rather than leaving it to the buyer.

    Elena VasquezChief Executive Officer38 min
  6. ReportJul 2025

    Lending against intangibles: what the collateral file has to contain

    IP-backed facilities are underwritable, but only when the enforcement path, the licensing history and the registration hygiene are documented before close.

    Rachel OkaforPresident, Brands & IP9 min

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