Alma Pi is a corporate finance and debt advisory boutique, working with corporate clients and institutional investors interested in:
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Finding new finance (debt and/or equity)
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Restructuring/renegotiating existing debt
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Reviewing and optimizing relationships with current lenders
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Preparing to approach "alternative lenders": hedge funds, asset managers, insurance companies
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Being introduced to (new) foreign bank lenders
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Investing in performing and stressed/distressed off-market situations in Europe, across the capital structure (equity and debt)
We offer our services to corporate clients in various industries. Our approach is mainly guided by a (capital) market view, aimed at meeting our clients' corporate finance needs that cannot be fulfilled by traditional lenders for reasons often more linked to their own internal issues (capital cost, NPLs issues, capital ratios) and to market factors, than to the actual credit worthiness and business viability of their customers.
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We have a capital markets experience gained over many years working within established banks and investment banks, as well as managers of significant asset portfolios. We make this hands-on experience in various corporate finance products (bonds, loans, factoring, trade finance/forfaiting, securitization) available to our clients by working in partnership with them. This gives us the advantage of having a deep working knowledge of the needs and requirements of both users and providers of the financial tools we deal with.
Where additional specific expertise is required (for example in the legal or tax areas), we have access to a number of professionals with whom we have long-standing relationships developed over many years and in various locations, including London, Singapore, Milan, New York, Madrid, Lugano, Zurich, Frankfurt.
We do not consider ourselves as an alternative – even of temporary nature - to a company's existing financial management, rather as an ally whose expertise and contacts network is shared with the client's CFO, CEO, Board of Directors.
Often our activity is complementary to that of traditional lenders (banks), who benefit from being able to find, with our help, a financial partner with whom they can share (or to whom they can offload) part of all of the corporate credit risk .
Piero Greco
BIO
PIERO GRECO
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Piero Greco is the founder of Alma Pi.
Previously, Piero was Head of Fixed Income for Southern Europe at Guggenheim Securities International, Lazard Capital Markets International, responsible for distressed debt origination, special opportunities and direct lending, especially in Italy and Spain. Piero was also a Managing Director of Heritage Capital, and Managing Partner at MF Global in London, where he was primarily involved in the origination and distribution of leveraged loans, high yield bonds and distressed debt, working with investors and issuers active in the European debt and in particular in the Spanish and Italian markets.
Prior to that, he founded and co-managed a relative value hedge fund (Omicron Ltd.) and was Head of Emerging Markets Loan Trading & Forfaiting at WestLB AG, London, where he was in charge of an international team with offices in London, New York and Singapore. Over a period of ten years at WestLB, he held a succession of positions of increasing responsibility (Head of Sales, Head of Trading, Global Head), handling trade-related debt origination, trading and sales in London and Singapore. During his employment at WestLB Piero also maintained a key role in setting up and managing (Investment Advisor) a trade finance fund (WestLB Tricon Forfaiting Fund Ltd.), and was a member of its Board of Directors. Piero was also a member of the North European Regional Committee within the International Forfaiting Association, while maintaining a key role in the structuring, execution and placement of structured trade finance transactions, syndicated loans and securitisations for the bank. Piero began his career in trade related debt origination and distribution with corporate and banking clients for an Italian advisory and brokerage firm (Gexam Italia), where he was a Client Manager responsible for the origination of trade and export finance transactions from Italian exporters and distribution to international investors. He holds a first class Degree in Economics from Bocconi University, Milan, a UKSIP level 3 Certificate in Investment Management and is a member of the CFA Society of the UK (formerly UK Society of Investment Professionals). Piero has been volunteering in the education sector for a number of years, as a Foundation Governor of La Retraite Roman Catholic school for girls in London (Lambeth).