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Markets often price perception rather than capital-structure reality

“The simulacrum is never what hides the truth—it is truth that hides the fact that there is none.”

- Jean Baudrillard

Our Services & Advisory Capabilities

Simulacrum Capital Advisory supports investment funds with independent research and strategic advisory to identify event-driven mispricings across debt and equity.

 

Our research applies rigorous fundamental analysis to identify perception-driven mispricings arising from structural complexity, information asymmetries and event-specific developments across the capital structure.

 

We provide analytical support on event-driven opportunities and capital-structure solutions arising from corporate actions, liability-management exercises, restructurings or transitional phases that may create pricing dislocations relative to underlying fundamentals. Our work focuses on identifying catalyst-driven scenarios and assessing downside risk, recovery potential and capital-structure implications.

01
Event-Driven Credit
Corporate actions, LMEs, recapitalisations and distressed exchanges.
02 –
Special Situations & Distressed
Restructurings, covenant stress, liquidity events, creditor coordination and activism strategies.
03 –
Capital Structure & Trade Mapping
Ranking, collateral, covenant capacity and intercreditor dynamics to identify value dislocations, relative-value trades and cross-capital-structure opportunities.
04 –
Strategic Advisory
Refinancing strategy, LME assessment, restructuring path analysis and capital-structure solutions tailored to investment strategies.
05
Downside & Recovery Modelling
EV stress testing, collateral valuation, waterfall modelling and scenario-based loss analysis for sizing and risk control.
06 –
Liquidity & Catalyst Monitoring
Runway analysis, maturity walls, covenant triggers and event tracking to identify timing windows and catalyst-driven trades.
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