Some Recent Mandates  

• Currently advising a European government agency on:

Transaction Advisory:
a) advise on complex asset restructurings
b) perform detailed asset valuations using internal and market based methodologies
c) assist in asset and portfolio disposals

Expected Loss Forecasting:
a) asset level loss forecasting models based on probability weighted scenarios
b) calibration of PDs/LGDs in respect of selected stress scenarios

• Currently advising two pension funds and their counsel with regards to investments in liquidity funds that were heavily weighted in structured finance securities. The advice included the assessment of:

a) regulatory requirements concerning the client’s understanding of the investment and the suitability of the product;
b) quality of the risk disclosures and representations at the outset of the programme;
c) quality of reporting and disclosure during the life of the transaction;
d) management of conflicts where an entity has multiple roles within a transaction;
e) and portfolio composition and compliance with guidelines.

• Currently advising a listed Asian corporation and their counsel with regards to the settlement process of credit events seriously affecting the value of a synthetic CDO transaction they invested in. The advice included:

a) a complete review of currently deliverable obligations allowable under the CDS contract following recent credit events;
b) a review of market practice with regards to the settlement of such events;
c) and provide detailed report on potential course of action.


Valere Capital Partners LLP is authorised and regulated by the FSA.
Phones may be recorded.