Commercial capital
Institutional investors · pension · insurance
Private Equity Advisory
Deal, holding, and capital structures for private equity and co-investment
Contact our specialists
Entity form and tax treatment across a mixed domestic and foreign investor base
Carried interest, waterfall, and fee mechanics that must satisfy institutional LPs
We advise private equity sponsors, family offices, and institutional investors on how to structure, finance, and govern direct and co-investment transactions — domestically and into international markets.
US private equity is structurally mature, so the questions are precise: which entity form suits the investor mix and the tax position, how carried interest and waterfalls are set, what a co-investor’s information and consent rights are, and whether the exit route assumed at entry still holds under the structure chosen.
Deal and holding design, co-investment structures, and acquisition financing for US sponsors and institutional investors.
Private Equity Advisory
Deal, holding, and capital structures built for governance, value creation, and exit
Capital architecture
Blended finance layer stack
How concessional, guarantee-backed, and commercial capital combine in bankable project and fund structures.
Guarantee layer
Partial credit · political risk · first-loss
Concessional finance
DFI · ECA cover · blended tranches
Sponsor equity
Government · corporate · project equity
Layered by payment seniority — commercial capital sits senior, concessional and guarantee layers absorb structured risk, and sponsor equity takes first loss.
Services & capabilities
What we deliver
Discuss this advisory pillar with our team.
Capability detail
Deal and holding design
Entity forms and structures fitted to the investor mix, tax position, and jurisdictions involved.
- Entry to exit
Advisory scope
Structuring, financing, governance, and exit planning
- AIFMD
Regulatory depth
Fund and direct routes into EU jurisdictions
How we've helped
Co-investment
Structure for a cross-border platform acquisition
We structured a co-investment assembling US institutional and European family capital around a single platform — setting entity form, information rights, and exit mechanics before terms were agreed.
Read moreOur approach
A disciplined approach to capital advisory
We design the holding and capital structure with the exit already in view — fitting entity form, instruments, and governance to the investors at the table and the jurisdictions the asset touches.
Frame
Define the investment thesis, the investor route — fund, direct, or co-investment — and the regulatory constraints of each jurisdiction.
Structure
Design holding architecture, capital stack, and governance rights with partner counsel and tax advisers.
Finance
Coordinate acquisition or growth financing with lenders and co-investors — from term sheets through financial close.
Oversee
Support board reporting, value-creation tracking, and exit preparation through the holding period.
Client outcomes
- Holding and deal structures fitted to the investor’s mandate and tax position
- Capital stacks aligned with the business plan and financing covenants
- Clear governance and information rights among sponsors and co-investors
- Exit options preserved through structure and reporting set at entry
Latest insights
Private Equity Advisory
Analysis on capital and policy
February 17, 2026 · Capital mobilization
Tax-Advantaged Capital in US Energy Financing
CAPITALJanuary 20, 2026 · Risk advisory
Foreign Investment Review and What It Does to a Deal
RISKFebruary 24, 2026 · Policy & markets
State P3 Statutes and What They Permit
POLICYApril 14, 2026 · ESG & impact
ESG Integration Across the Investment Lifecycle in European Markets
IMPACTSector application
Industries we serve
Private Capital
Partner to family offices, PE, and alternative asset managers
Financial Services
Advisory for institutional investors and financial intermediaries
Technology, Media & Telecommunications
Scaling digital infrastructure with institutional capital
Healthcare
Capital solutions for healthcare systems and life-sciences infrastructure
Related expertise
Explore other advisory pillars
01020304050607
Funding & Capital Mobilization
Mobilizing capital for bankable projects, public programs, and cross-border investment
Risk Management Advisory
Risk intelligence and mitigation for capital-intensive US and cross-border mandates
Fund Management & Investment Structuring
Investment vehicles built for governance, institutional subscription, and scale
Guarantees & Credit Enhancement
Risk-sharing instruments that unlock capital and improve terms
Legal, Securities & Escrow Advisory
Legal, securities, and escrow architecture for US and cross-border investment
Wealth & Asset Management
Preserving and deploying private capital with institutional discipline
Sovereign & Infrastructure Advisory
Public programs and infrastructure delivered with institutional discipline
Contact us
Discuss your mandate
Discuss this advisory pillar with our team.