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Evolving ESG Constraints on Defence and Dual‑Use Investment in Europe
An analytical examination of how ESG frameworks are reshaping the boundaries, mechanisms, and consequences of investment in defence and dual-use…
Private Capital and the Strategic Rewiring of Defence and Frontier Technologies
Private capital is converging with defence and advanced industrial technologies, reshaping how innovation, manufacturing capacity, and strategic…
Beaufort and the Rise of Private Capital in Defence Industrial Platforms
A defence carve-out that illustrates how private equity and private credit are converging with industrial strategy to reshape mission-critical supply…
US Strategic Disengagement from Europe: NATO, EU Defence Finance, and Industrial Re-Armament (2025–2035)
A scenario stress test of how a reduced US role could reshape Europe’s deterrence posture, budgets, procurement, and industrial capacity.
Defense Investment & The Ukraine Frozen Conflict: A Portfolio Stress Test
A comprehensive strategic analysis evaluating the global defense sector under a Ukraine ceasefire scenario
Private Credit Pivot: How Sienna Hephaistos and the EIF Are Solving the Defence SME Liquidity Gap (2025–2026)
While sovereign guarantees and innovation grants reshape the macro landscape, a critical bottleneck remains on the factory floor: liquidity.
Mapping Defence-Oriented Private Credit Instruments in Europe and Allied Markets
Introduction: Europe’s abrupt shift towards rearmament after 2022 has unleashed a surge in defence procurement that is testing the limits of traditional…
THE CAPITAL RE-ARMAMENT: Banking, Public Finance and Private Credit for Defence Industrial Readiness
In the decade preceding 2022, Europe’s defence financing was characterised by restraint, institutional fragmentation and a deliberate separation between…
THE CAPITAL RE-ARMAMENT: European Defence-Native VCs & The Strategic Asset Map (2025 Outlook)
Europe’s defence-tech resurgence is being driven by a structural shift in how capital, industry and policy interact.
ETNA and Danish Pension Funds: A New Signal in Europe’s Defence Capital Markets
For decades, European pension funds tended to treat defence in a manner similar to tobacco: a sector formally investable in legal terms, but effectively…
Liquidity Events in Dual‑Use: Who Will Buy Defense Startups When IPOs Are Off the Table?
Venture capital in the defense and dual-use technology sector is rising rapidly, but one fundamental question still defines investment behavior: who…
Defence ETFs: Volatility and Sector Rotation
Over the past two weeks, the behaviour of European defence-focused ETFs has illustrated how quickly market sentiment can shift when geopolitical…
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