Our capabilities

Investment Banking Services

Highly specialised global investment banking services — without being a bank. We support family businesses, ESOPs, listed companies and private equity funds through disciplined, bespoke and internationally connected M&A execution.

Core Expertise

Sellside M&A

Buyside M&A

Capital raising

Transaction planning

ESOP advisory

A team of senior professionals combining sector insight, strategic discipline and longterm vision. Tradition. Excellence. Global reach.

Capital Markets – Debt

A strong international presence in debt capital markets, delivering sophisticated financing solutions through bonds, commercial paper and asset securitisation.

Key Capabilities

Bonds

Commercial Paper

Securitisation

Asset Finance

Rating Advisory

Debt Capital Markets Advisory

Equity Capital Markets

Extensive expertise, a solid track record and strong execution capabilities in Equity Capital Markets transactions, covering both equity and equitylinked products.

Services

Initial Public Offerings (IPOs)

Public Distribution / Subscription Offers

Tender and Exchange Offers

Privatisations

Admission to Trading Support

Structuring, negotiation and management of Real Estate Investment Funds

EquityLinked Products

Private Placements

The Corporate Finance division of Hare Capital Ltd. – Holding provides a comprehensive portfolio of financial advisory services, centred on the execution of M&A transactions. With extensive experience and a consistent position in leading sector rankings, we are the boutique of choice for small, medium and large companies with strategic interests across multiple jurisdictions.

ClientFocused, HighQuality Advisory

Mergers & Acquisitions

Valuations

Financial Restructuring

Joint Ventures & Strategic Partnerships

Fairness Opinions

Financial and Synergy Analysis

LBOs / MBOs

Corporate Reorganisations

Proven M&A track record

Debt and capital advisory

Raising or refinancing debt is a pivotal moment for any business – one that demands clear strategy, deep market insight and disciplined execution.

At Hare Capital Ltd. - Holding, we provide independent, borrower-side advice across the full spectrum of debt and capital markets. Our versatile approach to financing enables us to design and deliver solutions tailored to each client’s specific capital requirements, transaction objectives and market dynamics. From sourcing new facilities and refinancing existing debt to optimising capital structures through covenant resets or balance-sheet restructuring, we help businesses achieve the right balance of cost, flexibility and risk.

Our capabilities span the full product range – including senior, unitranche, mezzanine, asset-based and structured finance facilities. Drawing on deep relationships across banks, private-credit funds and alternative lenders, we deliver funding solutions that meet immediate needs and long-term ambitions.

Each engagement begins with a detailed assessment of financial position and debt capacity, underpinned by robust forecasting and scenario analysis. Partner-led teams prepare high-quality credit materials, manage lender engagement and negotiate terms to secure competitive outcomes. Our independent, conflict-free advice ensures that every decision is driven solely by our clients’ best interests. Hare Capital Ltd. - Holding also supports clients in sourcing equity and hybrid capital for growth, acquisitions and recapitalisations, and advises on liquidity solutions and liability management in complex or distressed situations.

Hare Capital Ltd. – Holding delivers advisory, structuring and arrangement of financing solutions through a dynamic, valuecreation strategy tailored to each client’s specific objectives.

We design differentiated strategies and innovative solutions for every transaction, ensuring precision, discipline and alignment with corporate goals.

Our activity focuses on the origination, structuring, arrangement and monitoring of corporaterisk structured credit operations, supporting small, medium and large companies throughout the entire financing lifecycle — including corporate credit portfolio management.

Structured Finance – Services

Financial advisory on defining the optimal financing structure and identifying potential investors

Senior and subordinated debt (Mezzanine Finance / Hybrid Structures), BuyOuts, BuyIns, Refinancing and Recapitalisations

Full lifecycle management of financing processes, acting as the primary interface between the client company and the financing group

Highlevel financial advisory in the restructuring and reorganisation of financial liabilities, including the sale of credit positions and derivatives.

Turnaround

When a business is under pressure, swift and decisive action can be the difference between recovery and failure. Reshaping a company in the face of a shifting economic and consumer landscape requires strategic clarity and robust solutions.

From the intricate to the obvious, our business turnaround team considers all options, working with companies, directors, investors and lenders to stabilise operations, restore stakeholder confidence and create a viable path forward. Whether this involves an entire rebuild or small but powerful adjustments to existing financial or operational processes, we will be with you every step of the way.

Contentious insolvency and asset recovery

Formal insolvency proceedings can often shine a light on contentious issues such as fraud, misconduct or negligence, either by a director or another party. When insolvency gives rise to legal disputes, acting quickly to manage risk and maximise recoveries is paramount. In times of corporate insolvency, disputes are often complex, and the stakes often high. Whether this involves allegations of wrongful or fraudulent trading, challenges to transactions made prior to insolvency, or efforts to recover misappropriated assets, this is a critical time for all concerned.

Our Financial Intermediation team provides a broad range of execution and support services across equities, fixed income and derivatives, complemented by sales and research capabilities.

Capabilities

Equities

Fixed Income

A specialised Market Risk team combining comprehensive expertise with solid experience across all segments of the financial markets. Supported by international institutions equipped with advanced monitoring and riskassessment systems, aligned with global best practices.

Core Focus

Advisory, hedging and tailored riskmanagement solutions for corporate clients and institutional investors

Identification of marketrisk needs and development of bespoke solutions

Continuous monitoring of critical variables affecting institutional performance and marketrisk profiles

A syndication and sales team composed of independent partners and specialists, active in debtcapitalmarket issuances with strong coverage across domestic and international investors.

In the secondary market, the team is recognised as a leading operator, ensuring full investor coverage and a wide product offering.

Debt Capital Markets Syndication

Issuances by domestic and international issuers using capital markets as a financing alternative

Support for sovereign issuances across multiple countries, including partnerships with primary dealers

Private placements in domestic and international markets

Clubdeal syndications with international banks

Distribution & Intermediation

Longstanding presence and strong track record in debt capital markets, ensuring secondarymarket flow across a broad base of national and international institutional investors

Partners include leading investment banks, recognised for commercial paper programmes and responsible for distribution and placement across Hare Capital Ltd. – Holding’s institutional network

Hare Capital Ltd. – Holding may support or partner with venturecapital fund managers, maintaining a strong position in the market.

We work alongside pioneering venturecapital firms recognised as leading operators in private equity and venture capital investment.

A boutique, independent specialist in IPO advisory, supporting companies in their transition to the capital markets with structured, efficient and internationally aligned execution.

We manage the full IPO lifecycle — strategy, valuation, financial and corporate structuring, governance preparation, documentation and coordination with regulators, exchanges, investment banks, auditors and legal advisers.

Core Services

IPO readiness and strategic assessment

Offer structure and equity story

PreIPO corporate and financial reorganisation

Governance and compliance implementation

Prospectus, investment case and roadshow materials

Coordination with regulators, exchanges and intermediaries

Placement support and postIPO followup

We act as a longterm strategic partner, strengthening credibility, transparency and market positioning.

Independent boutique expertise in privatisations, publicasset divestments and stateowned enterprise restructuring. We support governments, public entities and institutional investors throughout the entire privatisation cycle, ensuring technical rigour, transparency and value maximisation.

Mission :Creating sustainable value through wellstructured privatisation processes that promote efficiency, good governance, qualified investment and market development.

Areas of Focus

Full and partial privatisations

Concessions and publicprivate partnerships (PPP)

Strategic State divestments

Preprivatisation restructuring

Disposal of public assets and shareholdings

Capitalmarket access and admissions to trading

Services

Strategic advisory on privatisation models

Economic and financial valuation

Legal and financial structuring

Documentation preparation (teasers, IMs, data rooms)

Competitive processes and international roadshows

Identification and qualification of strategic and financial investors

Negotiation support and transaction closing

Postprivatisation governance and transition oversight

Methodology

Technical rigour

Transparency and auditability

Value maximisation

International experience

Sector Expertise

Energy and utilities

Transport and infrastructure

Telecommunications

Banking and financial services

Industry and essential public services

Natural resources

Our Differentiators

Senior team with national and international privatisation experience

Independent advisory with no conflicts of interest

Strong network of strategic and institutional investors

Capability to operate in complex and sensitive environments

Commitment to governance, compliance and publicinterest alignment

Commitment

We believe that a wellstructured privatisation is a powerful driver of economic modernisation — generating efficiency, innovation and sustainable growth. Our commitment is to lead every process with responsibility, strategic vision and longterm value creation.

Relationships. Strategy. Execution.

Investing in better schools, safer infrastructure and quality healthcare is essential to strengthening communities. Turning these projects into reality requires solid, structured and sustainable financing solutions — the mission of our Public Finance Unit, supported by leading investment and development banks across multiple countries.

We bring deep expertise and recognised technical capability in structuring and executing financing solutions for a wide range of issuances, including taxable and taxexempt instruments. We act as a longterm strategic partner to central governments, states, municipalities, airports, utilities, education institutions, healthcare entities and other public organisations.

Supported by partners with presence in 120 offices across the United States and around 120 countries, our extended network includes approximately 500 specialised professionals who, in 2025, led 610 seniormanaged negotiated and competitive transactions, totalling more than USD 150 billion. Together with our partners, we consistently rank among the leading municipal bond underwriters in several jurisdictions.

Beyond volumes or rankings, our distinction lies in trust built over time. Sustainable success in public finance requires understanding each entity’s specific needs, aligning interests and executing with rigour, transparency and efficiency.

Our relationships with issuers, investors, institutional partners and communities form the foundation of our work — enabling innovative, resilient and socially impactful financial solutions.

Key Areas of Focus

Airports

Central, State and Municipal Governments

Utilities

Housing

Primary & Secondary Education

Higher Education

Healthcare

Student Housing

Catastrophe Insurance

BondFund Investment

USDA Programmes

Capabilities & Reach

International Distribution Network

A comprehensive fixedincome distribution platform, combining institutional and retail investor coverage across 120 countries, ensuring efficient placement and access to a diversified global investor base.

Underwriting & Transaction Structuring

We work alongside leading municipalbond underwriters to deliver integrated advisory, structuring and underwriting solutions, tailored to each issuer and aligned with investor objectives.

Types of Issuances

General Obligation Bonds

Revenue Bonds

Economic & Industrial Development Bonds

Participation Certificates

Leasebacked Debt

Refinancings

Taxable & Taxexempt Bonds

Variablerate Instruments

Project Finance & TIF

Revenuebacked Securitisations

Pension & OPEB Programmes

We provide strategic, political and financial advisory to government entities, supported by senior partners, specialised consultancies and independent experts with experience across more than 70 countries.

Our teams support publicsector organisations in designing and implementing transformative strategies that enhance innovation, efficiency and longterm value.

We help federal, state and municipal entities strengthen financial resilience, optimise operations and develop technical capabilities in a context of continuous global change.

Value Proposition : Governments face economic constraints, demographic shifts and rapid technological evolution. We support them with innovative approaches, transparency and advanced technology integration — enabling informed decisions and sustainable transformation.

Areas of Expertise

We deliver integrated, scalable solutions that enhance agility, innovation and operational efficiency across the public sector.

Central & Federal Government

Strategic planning, policy analysis and operational improvement, supported by advanced data analytics and technologydriven decision frameworks.

Education

Strategic insights and solutions to improve educational outcomes, operational efficiency and resource management across public education systems.

Infrastructure

Financial, contractual and strategic advisory for largescale infrastructure projects, covering the full lifecycle from assessment to financial close, construction and operation. Includes capitalmanagement support, asset divestments, PPPs, ESG and sustainability initiatives.

Health Policy & Government Affairs

Strategic clarity and specialised advisory for navigating evolving regulatory and policy environments, enabling effective responses to complex publicpolicy challenges.

Key Intervention Areas

Policy & Government Affairs Analysis

Regulatory Monitoring & Strategic Interpretation

Public Affairs & Strategic Communication

Stakeholder Engagement

Capacity Building & Training

Independent Strategic Advisory

Excellence in government liquidity. Institutional rigour. Stability for leading organisations. A liquidity solution designed in accordance with international standards of financial governance.

In a context where liquidity management plays a decisive role in the financial resilience of organisations, Hare Capital Ltd. – Holding, supported by major investment banks specialised in Government Liquidity Funds, represents a benchmark solution for entities that prioritise capital preservation, daily liquidity and high‑quality sovereign exposure.

Developed within Global Liquidity platforms, specialised investment banks offer Public Debt structures exclusively oriented towards instruments issued or guaranteed by governments, ensuring a disciplined, transparent approach aligned with the highest regulatory standards.

An institutional response to the demands of a complex financial environment

The evolution of interest rates, increased market volatility and strengthened governance requirements have led to growing demand for liquidity solutions that combine structural security, operational predictability and superior credit quality.

The Hare Capital Government Liquidity Solution has been designed to meet these demands, providing

• Capital preservation through exclusively sovereign exposure

• Daily liquidity to support critical operations

• Constant Net Asset Value (CNAV) stability aligned with conservative policies

• Full transparency of underlying assets

• Highly disciplined risk management supported by robust institutional processes .

For organisations operating with rigour, discipline and fiduciary responsibility

The Hare Capital Government Liquidity Solution is particularly suited to entities whose activities require conservative liquidity structures and strict governance frameworks, including :

• Corporate treasuries with restrictive investment policies

• Financial institutions with tightly controlled counterparty limits

• Regulated entities responsible for safeguarding client cash

• Public bodies and organisations adjacent to the governmental sector

• Financial‑services platforms requiring immediate operational liquidity .

These organisations find in Hare Capital a solution that strengthens the stability, predictability and integrity of their liquidity‑management frameworks.

A global approach aligned with international best practices

The Hare Capital structure offers operational familiarity to global investors, ensuring consistency with multi‑currency policies and liquidity frameworks used in jurisdictions where value stability is mandatory.

The Hare Capital Government Liquidity Solution therefore serves as a reference point for treasury teams seeking to ensure that their global policies fully reflect the demands of an international financial environment that is complex and constantly evolving.

Hare Capital Commitment : discipline, governance and institutional quality

Hare Capital Ltd. – Holding maintains an unwavering commitment to high‑quality liquidity solutions, supported by :

• Rigorous institutional governance

• Highly structured risk‑management processes

• Operational transparency

• Discipline in the selection of government instruments

• A permanent focus on capital preservation and immediate liquidity .

The Hare Capital Government Liquidity Solution forms part of a global liquidity architecture designed to support organisations operating with fiduciary responsibility, technical excellence and strategic vision.

Our Distinction

Clear, credible and technically rigorous advisory. Strategic communication delivered to the right stakeholders at the right moment. A combination of technical expertise, political intelligence and stakeholder mobilisation that consistently advances clients’ strategic priorities. Our partners, independent specialists and consultants have a proven track record in designing and implementing highimpact initiatives across the public sector.

Operate with confidence in new or untested commercial relationships through tailored guarantees and standby letters of credit that secure performance and strengthen financing capacity.

Capabilities

Performance, advance‑payment, tender and warranty guarantees ;

Financial guarantees ;

Standby Letters of Credit (SBLC) ;

Collateral‑Backed Financing .

Expand access to credit, improve financing terms and increase leverage through Collateral Assignment and third‑party corporate guarantees.

Benefits

Easier access to bank loans ;

Higher financing amounts ;

Urgent capital raising ;

Refinancing and restructuring support ;

Financing for trade and commodity operations .

Instruments

Financial Guarantees ;

Third‑Party Guarantees (“White Knight Guarantees”) ;

BG ( Bank Guarantees ) / SBLC ;

Collateral Assignment Programmes .

Advanced collateral assignment and third‑party guarantees to unlock credit and liquidity.

Sectors

Aviation • Infrastructure • Trade & Commodities • Public Sector • Corporate Finance .

The Leasing Unit of Hare Capital Ltd. positions itself as a strategic partner of excellence, delivering advanced leasing solutions for aircraft, helicopters and nextgeneration military and civilian naval platforms.

We provide an integrated, endtoend approach combining cuttingedge naval design, stateoftheart technology, modern combat systems, sustainability and energy efficiency.

Leasing Capabilities

Frigates

Intervention vessels

Offshore patrol vessels

Aircraft carriers

Helicopters

Amphibious ships

Logistic support vessels

Submarines

Energy. Scale. Strategic Excellence

The Oil, Gas & Petrochemicals Business Unit of Hare Capital Ltd. – Holding operates in partnership with leading global players to deliver "end‑to‑end" energy and petrochemical solutions. We manage the full value chain — from exploration to refining — with precision, technology and international reach.

Our Integrated Model

Upstream

Exploration, field development and production of crude oil, natural gas and natural gas liquids.

Downstream

Refining, petrochemical manufacturing, energy generation, logistics, distribution and global marketing.

Corporate

Centralised excellence in HR, finance and technology, supporting all operational segments with institutional discipline.

Positioning

A global energy partner combining industrial capability, strategic partnerships and operational sophistication — delivering performance, resilience and long‑term value.

Pension Advisory

Independent, high‑level pension consulting designed to strengthen organisational resilience and protect member benefits. We support trustees and sponsoring employers in an increasingly complex environment marked by regulatory change, economic volatility and ESG expectations.

Core Expertise

Trustee support and employer covenant assessment ;

Funding and risk‑management strategies ;

Asset allocation and volatility analysis ;

Longevity and sustainability integration ;

Buy‑ins, buy‑outs, consolidation and master trusts .

Independent expert opinion for transactions and disputes

Insurance & Risk Transfer

A specialised, independent unit connecting the insurance and capital markets to deliver flexible, modern and efficient risk‑transfer solutions for companies of all sizes.

Capabilities

Corporate and industrial insurance ;

Financial, legal and reputational risk mitigation ;

Surety, guarantees and structured programmes ;

Cyber and technology risk ;

Employee benefits ;

Access to diversified international insurance and reinsurance markets .

Insurance Risk Note (IRN)

A next‑generation instrument enabling the transfer of insurance and reinsurance risk to the capital markets, creating a transparent, efficient and investor‑friendly ecosystem.

Each IRN operates with full asset segregation, ensuring independent risk transfer and robust governance.

Credit & Surety Solutions

Structured financial protection for corporate clients, ensuring contractual performance, liquidity preservation and stronger access to financing.

Solutions

Performance, advance‑payment, tender and warranty guarantees ;

Judicial surety ;

Supplier‑risk programmes ;

Fast‑claim surety ;

Credit insurance and Single Buyer Reverse structures .

Rural Insurance

Specialised protection for global agriculture and agribusiness, covering production cycles, assets, infrastructure and operational continuity.

Coverage

Climate and operational risks ;

Crop and production protection ;

Machinery, facilities and storage ;

Business‑continuity risk management ;

Full claims management with expert support .

International Health Insurance

Global health‑care protection with access to multilingual support 24/7/365 and a network of 2.5 million medical providers in more than 200 markets.

Services

Individual, family and corporate health plans ;

Private diagnostics and treatment ;

Elderly‑care facilities and specialised clinics ;

Preventive health, chronic‑care management and medical information resources .

Integrated Risk Partner

Hare Capital Ltd. - Holding acts as a strategic partner in integrated risk management — not as an insurance company — supporting organisations, municipalities and governments in protecting assets, responsibilities and long‑term outcomes.

Distinctive Strengths

Independent, technical and governance‑driven approach ;

Long‑term institutional partnerships ;

International reach and diversified market access ;

Commitment to transparency, resilience and capital protection .

Structured financial protection for corporate clients

The Insurance Unit of Hare Capital Ltd. - Holding delivers structured surety and credit‑insurance solutions that secure contractual and financial obligations, stabilise cash flow and strengthen corporate credibility.

Key benefits

Mitigation of financial risk ;

Protection of cash‑flow stability ;

Enhanced eligibility for contracts and financing ;

Reinforced institutional credibility ;

Surety Insurance

Traditional surety for contractual and legal obligations ;

Judicial surety to preserve liquidity and optimise resources ;

Supplier programmes for centralised management of supplier risk ;

Fast Claim surety with accelerated claims handling to minimise operational impact ;

Credit Insurance & Single Buyer Reverse ;

Protection of trade receivables against non‑payment ;

Improved financial planning and cash‑flow stability ;

Specialised Single Buyer Reverse structures for key‑client exposure ;

Continuous credit‑risk assessment, tailored limits and global collections ;

Coverage for insolvency, prolonged default and judicial restructuring .

Our valuations and asset advisory services help lenders, landlords and insolvency practitioners make more informed decisions. As fully accredited professionals, you can rely on us for appraisals and advice backed by strict industry standards and extensive experience.

Whether you are a landlord, lender or insolvency professional, understanding the value of a property is critical. It gives you the clarity to make decisive choices that maximise a property’s output. Our valuations and advisory services include:

Asset advisory, restructuring and recovery

We support lenders, insolvency practitioners and business owners through complex recoveries. Our team combines strategic advisory with efficient disposal methods to recover maximum capital across all sectors.

Lease advisory

Lease agreements require careful navigation to protect your interests and avoid costly disputes. We provide impartial and measured guidance for landlords and tenants across rent reviews, break options and subletting.

Valuations

Valuations play a pivotal role in property ownership, giving you a clearer picture of an asset’s worth based on its condition and current market trends. We conduct every appraisal in line with RICS guidelines to ensure you receive a compliant report.

Projects and developments

Turn an opportunity into a success by engaging our projects and developments team. We take time to understand your requirements and provide bespoke building solutions that help you achieve your property goals.

Whether you are refurbishing a commercial space, decarbonising a building or starting a new development, an experienced and commercially aware team helps the project meet your requirements and industry regulations.

Building and project consultancy

Our building consultancy team provides advice to reduce risks and minimise costs. We assess project feasibility through surveys and budget review, and develop planning solutions so contractors can complete work smoothly.

Decarbonisation

We support clients through every stage of their decarbonisation journey, from initial energy audits that identify efficiency opportunities through to full project delivery. Our team helps ensure sustainable upgrades are implemented on time and within budget.

Transport planning and design

Ensuring safe and efficient movement of people, goods and vehicles is critical to any development’s success. We deliver data-driven transport planning, from feasibility studies through to detailed highway design and planning application support.

Public-sector property solutions

Stretched budgets and complex property challenges require specialist support. We provide bespoke solutions for local authorities, schools, housing associations and more, spanning estate strategy, maintenance and full building renovations.