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Debt & structured financeNPL and UTP Portfolio Financing: Doubling Acquisition Value
A specialist distressed-debt operator had the expertise to acquire more portfolios. CGPH helped align its funding structure with acquisition deadlines; within six months, the aggregate nominal value of its purchases had doubled.
Matteo PedraliRead
Debt & structured financeECB Leadership Transition: What Three Executive Board Changes Mean for Financing Decisions
Three ECB Executive Board transitions will shape market communication, but not mechanically determine the rate path. The financing question is how companies preserve timing, rate resilience, execution readiness and genuine alternatives.
Lorenzo De SarioRead
Market analysisReal Estate Finance: Designing Capital Around the Asset
From bank lending and private debt to club deals and securitisation, Federico Lione examines why the capital structure must be designed alongside the real estate asset.
Federico LioneRead
Market analysisThe Digital Euro Is Becoming a Test of Europe’s Payment Sovereignty
The digital euro is often presented as a technology project. Its real significance is broader: Europe is testing whether public money can remain usable in an economy where everyday payments are increasingly digital, while improving resilience, preserving privacy and avoiding dependence on a small number of non-European payment providers.
Matteo PedraliRead
M&A & strategic transactionsA $5.66 Billion Acquisition Still Needs an Operating Thesis: Reading Salesforce–Braze Beyond Product Fit
Salesforce's agreement to acquire Braze has an intuitive strategic logic: combine a broad customer platform with real-time engagement capabilities. But product complementarity is only the opening hypothesis. The value of the transaction will depend on a more demanding question—how the two companies turn that fit into an operating model customers, product teams and shareholders can actually observe.
CGPH Banque d’affairesRead
Investment & private marketsPrivate Credit in 2026: From Growth Story to Credit Selection
Private credit has grown into a USD 4.1 trillion market. Its next phase will be defined less by fundraising volume than by credit selection, structural protection and the ability to distinguish temporary pressure from impaired fundamentals.
Lorenzo De SarioRead
Conversations with the market
New investment models in real estate finance
Federico Lione with Alessandro Busci, CEO of Prelios SGR, at the MF Real Estate Summit 2026.
Speciale Class CNBC — Altherum: da Montecarlo la nuova frontiera degli investimenti alternativi
Class CNBC special report from Monaco on Altherum and the new frontier of alternative investments.
Watch the video