Sectors
Sector depth, with an emerging-markets edge.
Extensive ratings advisory experience across EMEA financial and non-financial corporates, spanning a broad range of sectors, capital structures and credit profiles – and a proven track record with unique, non-standard credits.
Financial institutions & insurance
Banks, non-bank lenders, insurers and reinsurers
Our financial institutions practice is led by a former S&P Global Ratings primary analyst, who began his career at Fitch Ratings and went on to advise European banks and non-bank financial institutions on capital structure, financial strategy and ratings. The practice covers banks, NBFIs, neobanks and stablecoin issuers, where proactive management of credit ratings can unlock significant funding flexibility.
In insurance and reinsurance we work with carriers on capital-model stress tests and rating headroom ahead of annual reviews, and we are present at the industry’s key gatherings, including the Rendez-Vous de Septembre in Monte Carlo.
Corporates
Mining and metals, energy, telecoms, consumer and industrials
From inaugural investment-grade ratings to the defence of speculative-grade credits through commodity cycles, we have positioned corporate credits across sectors and capital structures – including first-time ratings, upgrades, and ratings advice alongside M&A and event-driven financings.
Real estate
REITs, funds and developers
We build a forward-looking credit view informed by real estate market dynamics, portfolio expansion plans, recent refinancing and the development pipeline – then turn the rating into an executable funding plan that reduces refinancing risk on upcoming maturities, broadens access to global debt markets and strengthens liquidity for major capex plans.
Digital infrastructure & data centres
Funding the AI build-out without creating tomorrow’s ratings problem
Corporate debt, project finance, private credit, joint ventures, special purpose vehicles, structured equity and securitisation are converging to finance AI infrastructure – and they do not produce the same rating outcome. We help developers, operators, hyperscalers, sponsors and investors understand the rating implications of a proposed structure before the financing is finalised and before the formal ratings process begins.
Read our analysis of credit rating outcomes in AI infrastructure financing
Public sector, MLIs & project finance
Multilateral lenders, sub-sovereigns and infrastructure
We help multilateral lenders, sub-sovereign entities and public & project infrastructure finance issuers navigate and optimise their rating strategies and unlock market access – including ring-fenced project credits and pipeline and infrastructure financings.
Regional focus
Middle East & Africa
Unmatched experience in complex emerging-market credits, ensuring that unique structural, sovereign and regional dynamics are clearly articulated and positioned as part of a compelling global credit story.
Our founder spent twelve years at Moody’s Investors Service across Johannesburg, Dubai and London with analytical and relationship responsibilities for Africa and the Middle East. Recent outcomes include a rating three notches above the South African sovereign and the highest corporate rating in Africa, and we operate from London with service support from ALPHA South Africa.
Discuss your sector
Every sector has its own rating drivers and thresholds. In a free initial consultation we will tell you which apply to you – and where the headroom is.