Private Placement in Real Assets: The CGPH Banque d’Affaires Approach
- Andrea Battista
- Sep 1
- 2 min read
In today’s European bond market, where average yields hover between 4% and 6%, CGPH Banque d’Affaires has set itself apart. Through a private placement anchored in real assets — specifically, non-performing loans (NPLs) backed by real estate collateral — the firm delivered an annual coupon of 12% to its bondholders.
We sat down with Kolyo Boichev, CEO of CGPH Group, to discuss how this was achieved, the philosophy behind it, and what comes next.
The Value of Real Assets in Private Placement
Q: Mr. Boichev, how did you manage to achieve such an above-market return?A: The answer lies in disciplined selection. We focused on NPL portfolios secured by quality real estate collateral, which dramatically reduced downside risk. This strategy allowed us to combine the resilience of real assets with an efficient financial structure, ultimately delivering yields far beyond market standards.
Private Placement: Doubling Market Returns
Q: How does this compare with broader bond market performance?A: In purely numerical terms, we doubled the average yield. But the figure itself isn’t the whole story — what matters is the consistency with which it was delivered. In an era of shifting rates and constant volatility, our approach remains grounded in real, tangible investments rather than speculative momentum.
Future Outlook: Considering New Private Placements
Q: Are you planning new issuances?A: We are actively evaluating a new private placement in real assets, given the strong demand we’ve experienced from investors. The guiding principles will remain the same: rigorous analysis, sector diversification, and a focus on asset-backed security.
The CGPH Banque d’Affaires Philosophy on Alternative Assets
Boichev stresses that CGPH Banque d’Affaires follows a counter-cyclical and selective philosophy:“True value is created at the intersection of innovation and tangible capital. Artificial intelligence, pharmaceuticals, infrastructure — these are sectors with enormous potential. But they must be approached with selectivity, not speculation.”
Conclusion
Delivering a 12% annual coupon through private placement in real assets, CGPH Banque d’Affaires demonstrates more than just market outperformance. It reinforces a method — one that blends discipline, real collateral, and a long-term view.
In a financial landscape dominated by volatility, CGPH proves that even today, private placement in real assets can be a reliable engine for sustainable value creation.
