MSE Capability
Investment & SPV Architecture
MSE designs the vehicle a commodity transaction runs through — the special-purpose structure, the ownership and the settlement rails that hold capital, cargo and counterparties in one bankable frame.
A trade is only as sound as the structure that carries it. Where title, capital and payment meet in the wrong vehicle, tax leaks, liability spreads and the financier walks.
Where value leaks
Where a structure fails
Wrong vehicle for the trade
An entity chosen for habit, not for the flow — exposing the principal to tax, liability or regulatory reach that a fit structure would have ring-fenced.
Title and risk misallocated
Who owns the cargo, who carries the risk and who books the margin left unclear across the chain. The structure does not match the contracts.
Capital and security unaligned
Equity, debt and the financier’s security sitting in entities that do not give the lender clean recourse. The facility is not bankable.
Settlement rails not designed
Payment, custody and reconciliation bolted on after the entity is formed, so cash and cargo move on different logic.
Jurisdiction without substance
A vehicle in a jurisdiction it cannot defend — no substance, the wrong treaty network, a structure that does not survive scrutiny.
How MSE works
The vehicle built for the flow
MSE designs the structure around the transaction, not off a shelf. The vehicle is chosen for the actual flow — who buys, who finances, where title and risk sit, how margin is booked — and matched to the contracts so ownership and liability fall where they should. Capital and the financier’s security are aligned so the facility is bankable, and the settlement, custody and reconciliation rails are designed into the entity rather than added after. Jurisdiction is chosen for substance and treaty fit, not for a brochure. The output is a hub-and-spoke or single-purpose vehicle a board, a counterparty and a lender can all transact through.
Track record
MSE structures special-purpose and hub-and-spoke transaction vehicles for commodity trade and investment — aligning ownership, capital, security and settlement so the structure is financeable and defensible.
Mandate format
How an engagement is structured
Advisory mandate
Structure design — vehicle, ownership, capital and settlement architecture for a transaction or trading desk.
Execution mandate
Origination and build — formation coordination, capital structuring and counterparty and financier alignment.
Engaged as a commission agent under the Swiss Code of Obligations, Art. 425–438. Fee structure — retainer and/or success fee — agreed per mandate.
Engage MSE
Discuss a mandate
If your transaction needs a vehicle that a board, a counterparty and a lender can all transact through, MSE will design it.
Start a confidential discussion →