Approach

Disciplined, evidence-led, indifferent to the obligor's protest.

The firm's approach is shaped by what UK lenders, corporates and advisors need from a counterparty: certainty, confidentiality, and a clean operational handover. The firm commits principal capital where the seller wants release, accepts contingency mandates where the seller wants to retain ownership, and accepts retainers where the client wants a counsellor rather than a counterparty.

Data-led pricing

Pricing is constructed bottom-up from the seller's data. Vintage, exposure size, security position, last meaningful contact, prior recovery activity and obligor solvency signal are modelled separately and reconciled. For purchase mandates this produces an indicative bid; for contingency mandates it produces a realistic recovery forecast against which the commission is set.

A long-form workout horizon

The firm is an investor and collector of patient capital. The workout horizon is measured in years rather than quarters. That permits structured repayment, partial settlement and consensual restructuring instead of forced enforcement. Patience is not leniency — it is a longer interval over which the firm collects what is owed.

Conduct in dealings with obligors

Obligors are dealt with proportionately and in writing. The firm does not threaten litigation as a tactic, does not engage doorstep agents, and does not pursue claims that are unsupported by documentation. The obligation is sufficient. Where the obligor chooses to ignore a documented debt, the matter proceeds.

The data layer

Portfolio valuation, recovery forecasting and obligor sequencing use machine-learning models over the seller's tape, propensity-to-pay scoring, natural-language processing of assignment documentation and judgement bundles, and supervised agentic systems handling first-line obligor correspondence under human review. The point is not the technology — the point is that the file is priced and worked like it is 2026.

What a transaction looks like

A typical engagement runs through a defined sequence, whether the seller is selling outright or appointing the firm under mandate or retainer.

NDA executed at first contact, before any data is exchanged
Data tape received, scoped and indicatively priced within a defined window
Confirmatory due diligence on a representative sub-sample of files
Bilateral assignment, written mandate or signed retainer executed under UK law
Cash completion or commission terms agreed; documented handover of files

The firm transacts at portfolio, sub-portfolio or single-name level, and considers forward-flow arrangements with repeat sellers.