Crystal Cove Capital
Your Trusted Partner in Special Situations and Risk Management

We specialize in navigating complex financings, risks and special situations.
With over 30 years of combined experience at Goldman Sachs, J.P. Morgan and PwC,
we are committed to building enduring partnerships that drive success

It’s complicated.

We get it.


Where others see problems…
we see opportunities

We excel in solving challenges others avoid, including those involving legal, accounting, tax and reputational issues and structural complexities.

We like CORE Europe AND…

While our primary focus is on the DACH region (Germany, Austria and Switzerland), Benelux, Nordics and the UK, our team also has experience in Central & Eastern Europe, Spain, Italy, the Middle East and South Africa.

We can do (almost) anything

Our team’s expertise spans the full spectrum of capital, including debt, equity and hybrid instruments such as Holdco, PIK, mezzanine and preferred stock.

We can do (almost) any size

We typically engage in transactions ranging from €20 million to €200 million but have successfully executed deals from €1 million to over €1 billion.

Our team’s track record

30+
Years of Experience
50+
Executed Transactions
€100BN+
Transaction Volume
Complex Financings

Selected Transactions

  • €7bn Qatar/Volkswagen/Porsche structured equity financing
  • $2.5bn margin loan for a Swiss holding company
  • €1.1bn financing with a share price linked interest margin
  • €1.1bn RETT blockers for German real estate companies
  • €800m financing against a minority interest in a private company
  • $300m loan against a stake in a company that could not be pledged
Large Hedging Transactions

Selected Transactions

  • $1.3bn prepaid variable forward on a US telecom company
  • €1.2bn hedge & financing for shares with a 5-year transfer restriction
  • €1.0bn prepaid collar on a global logistics company
  • $500m stake building, hedging and financing transaction in Lionsgate
  • CHF500m accelerated share sale with cap & floor on a transport company
  • €300m total return swap (TRS) on treasury shares for Austrian company
Hybrid Capital & Special Situations

Selected Transactions

  • £25.5bn convertible B-shares for Royal Bank of Scotland (RBS)
  • $500m regulatory capital convertible bond for Swiss Re, Switzerland
  • €250m pre-IPO convertible bond for a German company
  • €200m minority investment in a private telecom infrastructure firm
  • €196m bespoke convertible bond to recapitalize Infineon, Germany
  • €24m convertible bond-to-equity swap for Vivacon, Germany

Senior Leadership

Founder & Managing Director

Oliver Wunde, CFA, FRM

Oliver is the founder of Crystal Cove Capital and former Head of Structuring in the Structured Equity Group at Goldman Sachs. Prior to this role he was the lead originator for Germany, Austria and Switzerland in the Special Situations team at J.P. Morgan. Earlier in his career he worked in Equity-Linked Capital Markets at Credit Suisse.

Over more than 20 years Oliver successfully originated, structured and executed complex financings, special situations, hybrid capital and hedging transactions with an aggregate transaction volume of more than €100bn.

Head of Research

Dessi Petkova

Dessi worked for almost a decade in the Infrastructure and Corporate Finance practice at PricewaterhouseCoopers (PwC) in Moscow and London. She developed complex project finance models for major infrastructure projects and provided valuation and due diligence services for listed infrastructure investment companies in the UK.

Dessi is now the Head of Research at Crystal Cove Capital. She focuses on research and due diligence across special situations, hedging and complex financing transactions. 

Contact us!

We are looking forward to hearing from you. 

Please find our contact details below. Alternatively, you can also complete the contact form.

E-mail

office@crystalcovecapital.co.uk

Address

128 City Road
London EC1V 2NX
United Kingdom


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