Kipuka provides access to bank instruments (SBLCs) and bonds (MTNs) at bold
discounts of between 45% and 55% – totalling up to €5 billion of raw financial firepower.
Act. Advance. Amplify.
Private debt for builders, not bystanders.
Kipuka Treasury Model
Rethinking debt. Because collapse is more costly.
The world is afraid of debt. The spectre of inflation is haunting us. Governments are cutting to the limit, bridges collapse, trains come to a halt, education is neglected.
The immune system of the economy is systematically weakened.
The middle class - regulated to the point of illiquidity, slowed down by banks that block capital instead of moving it.
Our answer: the Kipuka Treasury Model
We say that debt is not the problem. It is part of the solution - if it is used wisely
If it is used not only to finance consumption and assets, but also to enable new technologies, build the future and create resilience.
Then debt is not a risk, but a tool. Not a burden, but a lever. What we need is not a dictate of austerity, but a new logic of capital flows. A financial architecture that accelerates progress, not blocks it. That does not manage fear, but shapes the future.
We prioritize private debt for productive investments:
Four components – one model that rethinks capital:
Strategic partnership with First Boston Group
01
Use of discounts
Under a solid agreement with First Boston, 50% of all LC discounts go directly to European SMEs – not as theory, but as productive capital to build the real economy.
02
Solvency statement
Borrowers contribute 10% equity to join the scheme – skin in the game, but without the liability trap of traditional bank debt.
03
Smart payouts
Low-interest mezzanine loans – tailored to the borrower’s financial reality in terms of tenor and repayment. Flexible capital that works for you, not against you.
04
Historical context
The Kipuka Treasury Model didn’t come out of theory. It grew out of experience, institutional foresight – and the courage to rethink existing mechanisms.
Two individuals were crucial:
Jacques de Groote, former Managing Director of the World Bank, developed tools in the 1980s to use equity as a prudential collateral instrument – a pioneer in the question of how to economically activate and mobilise hidden reserves. His approach to intelligent capital allocation remains a key foundation of the Treasury Model to this day.
Eugen Anca is a specialist in trust structures, capital protection and structured financing. His expertise ensures that the model remains not only robust but also highly adaptable to changing market conditions. As CFO of Kipuka and a member of the Board of Directors of First Boston Securities Ltd., he also acts as a link between strategic development and operational implementation.
The Kipuka Treasury Model approach is not a whim of the market – it is the result of decades of work on a central question.
Why it is economically counts?
Oliver Fiechter
Chief Executive Officer
- contact@kipukagroup.com
- +41 79 863 82 79
- Kipuka Ltd.
- c/o First Boston Group,
One Canada Square, Canary Wharf,
London E14 5AB, United Kingdom
