The summaries below describe representative engagements across the sectors in which the firm works. The organisations that engage us ask not to be named, and we give that undertaking to every client without exception. Past work on this page is described by what was analysed and what was delivered, never by who commissioned it. Deal sizes, counterparties and identifying detail are withheld as a matter of standing policy. References are made available privately, with consent, at the appropriate stage of a conversation. The same standard would apply to any engagement with you.
Agriculture and AgTech
Agriculture
Multi-commodity capital architecture for a vertically integrated farm
A vertically integrated beef and arable operation was preparing to deploy capital across multiple investor tranches over a fifteen-year horizon. The question was whether the proposed structure produced acceptable risk-adjusted returns against multi-commodity exposure and land-cycle variability.
- Integrated three-statement model with separate commodity, climate and land-cycle layers, reviewed by the family office and external tax counsel
- Tranche-by-tranche capital structure aligned to investor onboarding, replacing an earlier single-aggregate forecast
- Yield variability modelled as a probabilistic distribution rather than a discount-rate adjustment, sizing the ring-fence to the tail rather than the mean
Agriculture
Closed-environment agriculture feasibility for an arid-climate venture
A GCC private wealth fund was evaluating closed-environment agriculture as part of a food security allocation. The analytical question was whether the unit economics held once energy and water inputs were modelled against site-level conditions rather than temperate-zone benchmarks.
- Multi-dimensional viability report covering technical, commercial, market and regulatory dimensions, with site-specific operating economics
- Energy and water input sensitivity modelled explicitly, identifying the operating envelope inside which the project remained viable
- Independent agronomic input commissioned and integrated, rather than extrapolating temperate yields into arid conditions
Real Estate and Development
Real estate
Location-optimised investment modelling for an institutional fund
An institutional real estate fund required a model that integrated scheme-level appraisals with fund-level cash flow, drawing on extensive UK transaction data. The decision audience was the fund's investment committee and prospective limited partners.
- Location analytics layer drawing on UK transaction data, surfacing pricing differentials the prior model treated as uniform
- Scheme-level appraisals integrated into fund-level cash flow without losing scheme-specific downside scenarios
- Output pack structured for both investment committee scrutiny and prospective LP review, with consistent assumption traceability across both
Real estate
Independent financial evidence in a UK planning viability case
A developer required independent financial analysis to support a planning viability submission. The evidence had to satisfy local authority scrutiny and assessor challenge while reconciling developer and landowner perspectives without distortion.
- Residual land valuation reconciled with development appraisal across both perspectives, with assumptions traced to public and transaction sources
- Sensitivity testing across planning conditions, build cost movement and absorption rate, suitable for assessor review
- Written evidence pack forming part of the developer contribution negotiation; documentation structured so the authority's reviewer could reconstruct each figure
Technology and Innovation
Technology
End-to-end financial plan for a hardware-software firm
A hardware firm with a software layer was preparing for an institutional capital raise. The model had to capture unit economics, cohort retention and working capital dynamics that pure-software templates handle poorly.
- Integrated three-statement model with separate hardware unit-economics, working capital and recurring-software cohort layers
- Cohort assumptions evidenced from product data rather than asserted, with a documented derivation path for each
- Board pack and investor Q&A pack produced alongside the model, used through the fundraise process without structural revision
Energy, Sustainability and Infrastructure
Energy
Rollout modelling for EV intercity transport infrastructure
A phased EV intercity infrastructure programme required integrated financial, operational and rollout modelling under regulatory and counterparty constraints. The work received positive recognition from government stakeholders involved in the programme.
- Single integrated model combining technical operating assumptions, regulatory revenue stack and capital structure across phased rollout
- Availability and utilisation assumptions externally referenced rather than asserted, with explicit downside scenarios under stressed offtake
- Output pack structured for parallel review by lenders, government stakeholders and the project sponsor
Energy
Vertical farming feasibility in arid jurisdictions
A sustainability investor required feasibility analysis for vertical farming ventures operating in arid environments across two jurisdictions. The question was whether the projects demonstrated commercial viability alongside the ecological case, given the energy-economics failure mode that affects the sector.
- Comparable feasibility framework applied across two jurisdictions, with site-specific energy and water cost inputs
- Ecological claims framed against commercial returns with explicit downside coverage, avoiding greenwashing exposure
- Go, no-go and conditional recommendations issued separately for each site, with the conditions defined in writing
Healthcare and Life Sciences
Healthcare
Institutional fundraising support for a care group expansion
A care group preparing a significant expansion programme required institutional-quality financial modelling for a fundraise. The model had to satisfy clinical leadership, institutional investors and the regulator in parallel.
- Bed-day economics, occupancy and acuity sensitivity modelled across the existing estate and expansion sites
- NHS tariff and private pay dynamics modelled as separate revenue streams, with regulatory inspection risk visible in downside scenarios
- Transaction-stage engagement subsequently extended into a retained advisory relationship through implementation
Government and Public Sector
Government
Five-year planning and capital allocation for an urban development fund
A major city development fund commissioned strategic advisory on five-year planning, investment mapping and capital allocation across a portfolio of schemes. Outputs had to withstand procurement, audit and political scrutiny.
- Documented methodology with every number traceable to a source, structured so a third-party reviewer could reconstruct the analysis
- Capital allocation framework applied across a portfolio of schemes, replacing scheme-by-scheme assessment
- Political and policy risk flagged factually within the analysis without editorial framing, suitable for board and committee review
Financial Services and Investment
Financial services
Retained portfolio analytics for a multi-asset family office
A multi-asset family office required independent portfolio analytics and cross-asset reporting on a retained basis. The work demanded analytical independence from internal teams that would otherwise have marked their own homework.
- Python-based analytical workbook covering descriptive statistics, segmentation and attribution across asset classes
- Executive dashboard sized for a principal audience, with a reproducibility pack for ongoing refresh
- Independent challenge documented on assumption ranges where internal estimates diverged from external evidence
GCC and Emerging Markets
GCC
Food security investment analysis for Gulf private wealth
A large private wealth fund operating across the Gulf required investment analysis for a food security allocation, including closed-environment agriculture feasibility. The mandate required cross-border structuring awareness and sensitivity to regional commercial practice.
- Cross-border financial model with currency, tax and regulatory inputs confirmed with local counsel rather than assumed
- Closed-environment agriculture feasibility integrated into the wider allocation, with arid-climate operating economics modelled explicitly
- Documentation and presentation register adjusted for the regional sovereign and private wealth audience
GCC
Market entry feasibility for an MENA and Asia-Pacific expansion
A corporate client preparing to expand into MENA and Asia-Pacific required market entry feasibility and capital raise support. The analytical question covered demand sizing, route to market and capital requirement across two distinct regulatory environments.
- Separate viability assessments for each target geography, with regulatory and commercial practice differences modelled rather than generalised
- Capital raise pack produced alongside the feasibility output, sized for institutional regional investors
- Coordination with local advisers in each jurisdiction, with the financial and commercial layer held in-house