Client Results

Real outcomes. Delivered under real market conditions.

Para Bellum Advisors does not deal in theory or generic advice.
These results reflect hands-on execution across complex portfolios, long-dated exposures, and stressed market environments.

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We don’t just advise. We act.

The outcomes below were delivered across senior trading, structuring, and advisory roles at global banks, hedge funds, insurers, and asset owners.

Each engagement involved direct responsibility for strategy design, pricing, execution, and risk transfer – under real balance sheet, liquidity, regulatory, and governance constraints.

The same execution-first mindset now underpins Para Bellum Advisors’ work with lean investment teams.

PROOF OF IMPACT

Strategic outcomes. Tactical execution. Real impact for institutional portfolios.

Selected outcomes from prior institutional mandates.

Liquidity Optimisation for a Systematic Hedge Fund

Built an internal treasury and liquidity function for a systematic hedge fund, replacing external liquidity vehicles.

Reduced cash drag, improved yield on idle balances, and restored direct control over portfolio cash flows and collateral usage.

Precision Over Drag: Transitioning to Bond Forward Hedging

Re-engineered an Asian life insurer’s rates hedging approach by moving from cleared swaps to bond forwards.

Reduced margin drag, improved hedge precision, and unlocked capital for redeployment without increasing risk.

Smarter Hedging & Deal Intelligence for Credit Structuring

Rebuilt hedging frameworks and pricing discipline for a global credit structuring desk.

Reduced capital drag and P&L leakage through targeted hedge design, execution discipline, and improved deal intelligence.

From Boutique to Bulletproof: Trading & Risk Rebuild

Global macro hedge fund operating without institutional-grade infrastructure

Rebuilt the fund’s trading, risk, and execution stack from the ground up. Reduced execution costs, tightened risk control, and created a scalable operating model that supported a USD 400m AUM increase and more consistent performance.

Locking Liquidity, Unlocking Opportunity

Multi-asset portfolio facing margin and liquidity stress during market dislocation

Re-engineered margin and liquidity management so downside protection did not block offensive positioning. Converted liquidity risk into a strategic buffer that enabled deployment when markets broke.

Structured Note Innovation to Expand Capital Access

Converted internal strategies into bank-distributed structured notes.

Expanded investor access, increased AUM scalability, and improved capital efficiency through cleaner product packaging.

Active Credit Risk Management in Real Time

Designed and implemented institutional-grade credit risk governance without the overhead of a full XVA desk.

Improved risk visibility, response time, and capital efficiency across live portfolios.

Shielding Cash Flows in a 20-Year EM Infrastructure Play

Long-dated emerging market infrastructure investment with layered risk

Converted a multi-risk, multi-currency exposure into a capital-efficient and risk-contained structure. Preserved cash flow stability, governance alignment, and portfolio liquidity across the full asset lifecycle.

Strategic Unwind of Complex Credit Exposures

Led the unwind of legacy credit positions under stressed conditions.

Preserved capital, restored transparency, and reset portfolio positioning for long-horizon fiduciary clients.

Masterclass Delivery: Capital, Regulation & XVA in Practice

Delivered practitioner-led masterclasses translating regulatory frameworks into execution advantage.

Enabled teams to integrate SA-CCR, SIM, and XVA into real-world pricing, structuring, and risk decisions.

Investment Office Buildout & Derivatives Capability

Institutional portfolio managing a USD 7bn notional derivatives book

Designed and implemented the full trading platform, legal framework, and operating model. Enabled in-house derivatives execution, improved pricing control, and reduced long-term reliance on external desks.

Digitising Derivatives Execution & Risk Analytics

Asian life insurer with manual pricing and execution workflows

Built Python-driven pricing models and digitised execution and risk analytics. Improved hedge precision, governance oversight, and operational efficiency across the derivatives portfolio.

Unwinding Legacy Risk, Unlocking Capital

Investment bank under regulatory and balance sheet pressure

Led the unwind of complex legacy trades and portfolios. Released trapped capital, improved P&L transparency, and restored operational scalability under regulatory constraints.

Tail Risk Hedging for Volatility Control

Commodity-exposed fund operating through extreme market stress

Designed and executed a real-time tail risk hedge. Reduced downside volatility, stabilised fund performance, and reinforced investor confidence during sharp market dislocations.

Unlocking Capital Through Collateral Swaps

Pan-Asian insurer facing derivative funding and collateral drag

Structured a collateral swap programme across key counterparties. Cut funding costs, improved collateral efficiency, and unlocked liquidity without increasing risk exposure.

Delivered across global banks, hedge funds, insurers, and asset owners operating under real capital, liquidity, and governance constraints.

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