Articles & analyses
Perspectives from the desk
Analyses, market notes and press updates published by CGPH Banque d’affaires.
M&A & strategic transactionsThe Consideration Is the Strategy: What the Prologis–SEGRO Structure Says About Cross-Border Real-Estate M&A
A share offer with a capped cash alternative is not simply a way to settle the price. It decides who retains market exposure, who absorbs financing risk and how much flexibility survives between announcement and completion.
CGPH Banque d’affairesRead
M&A & strategic transactionsEuropean Bank Consolidation Is Not a Scale Story. It Is an Execution Test for the Single Market
Europe is making it easier to understand how a material bank transaction will be assessed. That does not make consolidation simple. It makes the strategic case easier to test.
CGPH Banque d’affairesRead
Debt & structured financeThis Is Not QE: Why US Treasury Buybacks Are Turning Debt Management into Market Infrastructure
When the US Treasury buys back its own bonds, the superficial comparison is quantitative easing. The useful analysis begins where that comparison ends.
CGPH Banque d’affairesRead
Investment & private marketsContinuation Funds Are No Longer an Exit Alternative. They Are Becoming a New Ownership Architecture
A continuation fund does more than extend a holding period. It redistributes liquidity, control and risk—and turns the architecture of ownership into an investment decision of its own.
CGPH Banque d’affairesRead
How Tokenization Revolutionizes Access to Paraíba Tourmaline
Can tokenization unlock the world's rarest gem? Discover how blockchain fractionalizes Paraíba tourmaline.
CGPH Banque d’affairesRead
Investment & private marketsDubai Real Estate in 2026: Navigating Repricing, Liquidity, and Selective Opportunity
Dubai real estate is transitioning from broad momentum to asset-specific mispricing. Analyze the latest Q1 2026 DLD data, Savills volume adjustments, and 3-year IRR underwriting models—and see how Altherum provides fractional, tokenized access to high-yielding real assets.
Massimiliano ZambaniniRead
Artificial intelligenceAI and the Future of Investor Relations: Automation vs. Trust
AI is revolutionizing the speed of financial analysis and investor communication. Discover how IR teams use artificial intelligence to automate routine workflows—and why the true differentiator in Investor Relations remains human trust, strategic context, and genuine relationships.
Francesca MalerbaRead
Cross-Border M&A and Reshoring in 2026: The New Geography of Global Dealmaking
Global M&A is undergoing a structural shift. Discover how industrial policy, geopolitical risk, and supply chain reshoring are driving cross-border dealmaking in 2026, as strategic corporate acquirers outpace PE sponsors in a K-shaped market.
Lorenzo De SarioRead
Investment & private marketsEurope’s AI Strategy Bet: Why Real Industry and Tangible Value Will Win the Long Game
Discover how Europe’s AI strategy prioritizes industrial value over hype, and how tokenized real-world assets offer resilient market opportunities.
Matteo PedraliRead
Digital assetsChina Has Found Its Next Commodity to Export: The Token
Discover how China is commoditising AI with ultra-low token prices. Learn how models like DeepSeek and Qwen are rewriting the economics of LLMs.
Alberto ChiesaRead
Investment & private marketsPreserving a Family Business Through Structuring €5 Million in Auction Acquisition
A family-owned food production business in Southern Italy faced an uncertain future after insolvency proceedings placed nearly €20 million in assets up for auction. Through collaboration with a U.S.-based investment fund, CGPH Banque d’affaires was able to structure financing of up to €5 million to help the next generation of entrepreneurs pursue the reacquisition of these strategic assets and build a sustainable future for the business.
Manyi KissRead
AltherumThe Evolution of Luxury Watches: A Conversation with Tony Parise (@ueanimale), Founder of Elysium
Elysium founder Tony Parise joins Alberto Chiesa to discuss the evolution of the luxury watch market, the most sought-after models in 2026, emerging opportunities for collectors, and the trends shaping watches as an alternative investment asset.
Hamza LambarkiRead