Articles & analyses
Perspectives from the desk
Analyses, market notes and press updates published by CGPH Banque d’affaires.
CGPH Banque d’Affaires Le Figaro: When International Media Highlight Institutional-Grade Advisory Models
International media attention increasingly reflects structural shifts in the advisory and capital markets. The CGPH Banque d’Affaires Le Figaro coverage fits within this context, highlighting an institutional-grade advisory model focused on structured finance, private markets and cross-border execution. Rather than a communication outcome, this type of visibility mirrors operational relevance, execution discipline and the ability to structure capital solutions aligned with real market dynamics.
Valentina TodorovaRead
Geopolitical Uncertainty Is Becoming a Structural Feature of Private Markets
Geopolitical uncertainty is emerging as a structural feature of private markets, influencing discount rates, leverage availability, and deal pricing. Persistent conflicts, trade fragmentation, and policy volatility are widening valuation dispersion and tightening financing conditions. As uncertainty becomes embedded in underwriting rather than treated as a temporary shock, private market managers, sponsors, and institutional investors must adapt capital structures and pricing frameworks to refle
Alessandro MontefioriRead
Ferretti Group and the Strategic Logic Behind Investor Appetite
Ferretti Group attracts strong investor appetite thanks to high entry barriers, iconic brands and resilient demand in the luxury yachting industry. The group combines pricing power, backlog visibility and solid cash-flow generation, making it attractive to institutional investors and private equity. Recent governance dynamics and shareholder positioning further reinforce Ferretti’s profile as a strategic M&A asset within European luxury manufacturing.
Andrea ColombiniRead
Debt & structured financeThe Funding Gap in Private Markets: Why Balance Sheet Strength Is Reshaping Access to Capital
The funding gap is becoming a structural feature of private markets, driven by higher funding costs and capital concentration among institutions with strong balance sheets. As well-capitalized platforms continue deploying institutional capital, smaller lenders retrench, reshaping access to private credit, underwriting standards, and execution certainty. This shift is redefining competitive dynamics for private market managers, sponsors, and institutional investors.
Alessandro MontefioriRead- Debt & structured finance
Alternative Capital vs Bank Lending: How Corporate Financing Is Changing
As traditional bank lending becomes more selective, alternative capital is emerging as a structural pillar of corporate financing. This institutional insight by CGPH Banque d’affaires examines how private debt, institutional capital, and structured financing solutions are reshaping funding strategies for companies facing complex, cross-border, and time-sensitive transactions in 2026 and beyond.
Valentina TodorovaRead 
Investment & private marketsPrivate Equity: An Institutional Reference Framework
This publication provides an institutional reference framework on private equity as a core asset class within modern capital markets. Prepared by CGPH Banque d’affaires, it outlines private equity fundamentals, historical evolution, core investment strategies, value creation mechanisms, and current market dynamics. The content is designed for investors, entrepreneurs, and decision-makers seeking clarity, structure, and context within the investment banking and private capital landscape.
Andrea ColombiniRead
State-Controlled Investors in Private Credit : Structural Market Anchors and Institutional Capital Dynamics
State-controlled investors in private credit are becoming structural anchors of the market, representing roughly a quarter of global assets. Sovereign wealth funds, public pension funds, and government-linked entities are reshaping capital formation, governance standards, and pricing dynamics. Their growing role is redefining fundraising, underwriting discipline, and long-term capital access across private credit markets.
Alessandro MontefioriRead
CGPH Banque d’Affaires Featured in Forbes France: International Investment Advisory
CGPH Banque d’Affaires has been featured in a Forbes France BrandVoice article highlighting the firm’s vision and positioning as an international investment advisory operating across complex cross-border scenarios. The feature explores CGPH’s advisory approach, institutional standards, and ability to structure and coordinate sophisticated financial solutions in international markets, reinforcing its credibility within the global financial ecosystem.
Valentina TodorovaRead
Private Debt for Italian SMEs: Strategic Advisory and Capital Structuring by CGPH Banque d’affaires
Private Debt for Italian SMEs is reshaping corporate finance in Italy. Regulatory pressure on banks and growing institutional capital have made private debt a strategic financing tool for growth, acquisitions and complex capital structures. This pillar explains how private debt works, when it is appropriate, and why structured advisory is essential. CGPH Banque d’affaires supports companies in evaluating, structuring and executing private debt within a disciplined, multi-source capital strategy.
Lorenzo De SarioRead
Beyond the “Usual” BTP: How Private Debt Investments and Real Assets Deliver Double-Digit Returns
European governments will issue unprecedented levels of sovereign debt, compressing yields on traditional government bonds such as Italian BTPs. In this context, private debt investments offer a structurally different way to access sovereign-related and asset-backed credit. By investing in public sector receivables and real estate-backed credits, investors can maintain comparable credit exposure while benefiting from illiquidity premiums, contractual protections and enhanced return efficiency. A
Andrea BattistaReadGenerational Wealth Transfer: How Capital Allocation Is Changing
Generational wealth transfer investments are structurally reshaping global capital allocation. With over $80 trillion set to change hands, the focus is shifting toward real assets, transparent structures, and private debt. CGPH Banque d’Affaires addresses this shift through disciplined investment structuring, a strict 40% safety margin, enforceable collateral, and underlying assets with intrinsic value—aligning private capital with institutional standards.
Manyi KissRead
Crowdfunding vs. Venture Capital: A Strategic Capital Allocation Guide for Startups and Scale-ups
This guide analyzes the strategic choice between Crowdfunding and Venture Capital for startups and SMEs. Moving beyond simple liquidity, it explores the impact on corporate governance, cap table hygiene, and market validation. We compare the "Smart Money" of VCs against the "Distributed Capital" of the crowd, helping founders decide based on their business model (B2B vs B2C) and exit goals. The verdict: capital is an industrial tool that must align with your long-term vision.
Andrea BattistaRead