Navigating the rapidly evolving preferred equity market

Preferred and minority or structured equity is no longer a niche solution. It is reshaping capital stacks across the UK, continental Europe, the United States and, increasingly, the Middle East.  

In this episode, our Private Equity and Capital Solutions team examines why this market is surging, how structures are evolving, and where investors and issuers are finding value as liquidity, cost of capital and execution certainty become paramount.  

What dynamics are driving the shift toward flexible capital with downside and credit-focused protections? How are sponsors, credit funds and hybrid capital providers negotiating key investor protections, bespoke features, and paths to liquidity in a market that is both inventive and intensely competitive? 

Joining the conversation from the Private Equity and Capital Solutions team are Peter Banks, Kfir Abutbul, Michael Mountain and Karen McMaster. 

Drawing on live deal experience, the discussion breaks down the evolution and current state of preferred and structured equity, regional developments and emerging opportunities, and the practical points that most influence outcomes—negotiation dynamics, liquidity rights and exit strategies, security packages, and the spectrum of downside protection.  

If you are a sponsor, strategic, credit fund or management team considering flexible capital solutions, this episode offers practical guidance and market-tested insights.