Who We Are

KWR Capital Group is a European structured finance platform acting as dealer, arranger, and institutional investor group representative. We work with a consortium of institutional investors to syndicate long-tenor capital to sovereigns, infrastructure entities, and institutional borrowers across Europe and emerging markets.

Our Positioning

We do not act as principal, lender, or guarantor in any transaction. KWR focuses on structuring, arranging and coordinating financing processes with banks, private credit funds, insurance capital, pension capital, asset managers, family offices, ECAs and DFIs. Our role is to translate borrower requirements into investment committee-ready structures and coordinated institutional financing processes.

Strategic Approach

Our value is what sits alongside and after guarantee envelopes. With MIGA and other DFI programmes at capacity, the question is how to diversify the cross-border base beyond guarantee envelopes on terms that reflect strength. We provide solutions for the residual frictions: currency hedging costs, ECB routing, and European committee documentation standards.

How We Are Different From Peers

Illustrative comparison reflecting KWR’s own assessment of typical market models; individual firms vary. Not a representation about any specific competitor.

The Platform Structure

KWR Capital Group brings together:

• Kala Asset Management Limited (Reg. England & Wales No. 08887734), Structured finance advisory and capital advisory services
• White Rose Capital Group Limited (Reg. England & Wales No. 16321276), Appointed representative of Laven Advisors LLP (FCA)

Regulatory Framework

Multi-jurisdictional regulation enabling seamless execution across major financial markets:

• UK: FCA-regulated (investment advisory)
• EU: MiFID II via BlazeFinch GmbH / AHP Capital Management GmbH (BaFin)
• US: SEC Rule 15a-6 via FNEX Capital LLC (FINRA/SIPC)
• CH: FinSA professional clients

Institutional Investor Access

Direct relationships with:

• Insurance and reinsurance capital providers
• Pension funds and liability-driven investors
• Banks and financial institutions
• Export credit agencies (SERV, Euler Hermes, US DFC)
• Development finance institutions (EIB, DEG, FMO, Proparco)
• Private credit funds, strategic VC and investment funds, and family offices

Company Registration

• Kala Asset Management Limited, reg. England & Wales No. 08887734 (Incorporated 12 February 2014)
• White Rose Capital Group Limited, reg. England & Wales No. 16321276
• Headquarters: 66 Paul Street, London EC2A 4NA, UK

Regulatory Status

Multi-Jurisdictional Regulation:

• UK: FCA-regulated (investment advisory)
• EU: MiFID II via BlazeFinch GmbH / AHP Capital Management GmbH (BaFin)
• US: SEC Rule 15a-6 via FNEX Capital LLC (FINRA/SIPC)
• Switzerland: FinSA professional clients

India Expertise

GIFT City vehicle in development; deep familiarity with InvIT, National Infrastructure Pipeline (NIP), and RBI ECB frameworks. Positioned as trusted advisor to sovereign infrastructure entities and development finance institutions.

Selected Financing Case Studies

Institutional Counterparty Reach

Dealer & Arranger Services

Lead financial structuring, capital stack design, and full investor documentation from teaser through to financial close. The objective is to make assets legible to institutional investment committees through credible structures, documentation, credit enhancement and execution discipline. We deliver:

• Bankability assessment and capital stack mapping
• SPV and fund vehicle structuring (EU, Switzerland, Luxembourg, UAE, GIFT City)
• Full investor documentation (IM, financial models, due diligence packs)
• LMA-standard term sheet negotiation
• Managed syndication to close

Investor Group Access

Pricing and tenor ranges below are indicative only, vary with credit quality, structure and market conditions, and do not constitute an offer or commitment.

Friction Point Solutions

We have developed structured solutions for specific challenges preventing European capital from reaching emerging markets at scale:

• Currency & Hedging: INR/EUR hedging cost optimisation (4–6% p.a. mitigation)
• Credit Ratings: Credit enhancement for below-A- sovereigns
• Greenfield Risk: Construction risk mitigation for under-construction exposure
• ECB Routing: Optimal regulatory navigation transaction-by-transaction
• Documentation: European investment committee standards

Service Overview

Complex transactions require sophisticated structures that optimise capital efficiency, manage risk, and align stakeholder interests. We design bespoke financial structures combining technical expertise, pragmatic market knowledge and targeted institutional investor engagement.

Core Capabilities

• Capital stack design and optimisation (senior, mezzanine, equity tranches)
• SPV and fund vehicle structuring across EU, Switzerland, Luxembourg, UAE, GIFT City
• Cross-currency hedging and currency risk mitigation
• Credit enhancement strategies (ECA wrap, DFI co-investment, guarantees)
• Regulatory-compliant structuring across multiple jurisdictions

Transaction Architecture

Market Context

Structured finance is enjoying a structural tailwind. As Basel capital reforms raise the cost of holding long-dated and higher-risk exposures on bank balance sheets, banks increasingly distribute risk through significant risk transfer (SRT) transactions, forward-flow arrangements and asset sales, while insurers and pension funds, supported by Solvency-style matching frameworks, seek exactly the long-duration, rated, secured exposures banks are shedding. The intermediation layer between the two is structuring: converting loans and receivables into instruments institutional committees can approve. That conversion, ring-fencing, tranching, credit enhancement and documentation, is KWR’s core discipline.

Explore Our Strategies

Institutional SyndicationSyndicated LoansCoordinated institutional financing pools, larger tickets, longer tenors and typically tighter pricing.Find out more → Real AssetsSPV & Project FinanceNon-recourse structures for infrastructure and energy, from construction through operations.Find out more → Capital CorridorsCross-Border CapitalMulti-jurisdictional execution with a dedicated Europe–India corridor.Find out more →

Institutional Syndication

Managing large-scale loan facilities requires experienced arrangers with direct institutional investor relationships. We serve as lead arranger, facilitating capital flows between borrowers and our consortium of institutional lenders.

The Syndication Advantage

KWR aggregates institutional mandates into a single coordinated pool. No single investor carries full exposure. Risk is distributed across the consortium, enabling larger ticket sizes, longer tenors, and typically tighter pricing than comparable bilateral arrangements.

Market Context

The European loan market has structurally changed. Bank balance-sheet retrenchment, driven by successive Basel capital reforms, has shifted a growing share of corporate and mid-market lending to institutional investors, with global private credit assets now estimated well above US$1.5 trillion. In the mid-market, fully underwritten syndications have increasingly given way to club-style transactions arranged around a small group of committed institutional lenders, precisely the format KWR coordinates. Documentation follows LMA standards; pricing references EURIBOR/SOFR plus a negotiated margin reflecting leverage, security and tenor.

Indicative Structure Parameters

Explore Our Strategies

Advisory & StructuringStructured FinanceCapital stack design, SPV structuring and investor-grade documentation for complex borrowers.Find out more → Real AssetsSPV & Project FinanceNon-recourse structures for infrastructure and energy, from construction through operations.Find out more → Capital CorridorsCross-Border CapitalMulti-jurisdictional execution with a dedicated Europe–India corridor.Find out more →

Specialised Structuring

Large infrastructure and project-based transactions require specialised structuring to manage construction risk, operational complexity, and multi-stakeholder coordination. We design comprehensive project finance structures with institutional-grade SPV vehicles.

Greenfield Risk Solutions

Institutional capital typically enters infrastructure via operational brownfield assets. We develop specific structural mitigants for under-construction exposure including completion guarantees, step-in rights, and construction escrows aligned with institutional investment committee requirements.

Market Context

Global infrastructure and energy-transition investment requirements run into the trillions of dollars annually, the IEA estimates clean-energy investment alone needs to reach roughly US$4 trillion a year by 2030, far beyond what bank balance sheets and public budgets can carry. Institutional capital fills the gap, but on its own terms: contracted or regulated cashflows, robust security packages and independent technical diligence. In a higher-rate environment, sponsors increasingly blend commercial debt with ECA cover and DFI participation to hold all-in costs down. Project finance remains the discipline that makes this possible: non-recourse or limited-recourse lending against the cashflows of a ring-fenced SPV, with risk allocated by contract to the party best able to bear it.

Structural Toolkit

Explore Our Strategies

Advisory & StructuringStructured FinanceCapital stack design, SPV structuring and investor-grade documentation for complex borrowers.Find out more → Institutional SyndicationSyndicated LoansCoordinated institutional financing pools, larger tickets, longer tenors and typically tighter pricing.Find out more → Capital CorridorsCross-Border CapitalMulti-jurisdictional execution with a dedicated Europe–India corridor.Find out more →

Multi-Jurisdictional Expertise

International transactions introduce regulatory, tax, and currency complexity. Our multi-jurisdictional expertise enables seamless execution across borders with deep knowledge of local markets and institutional investor requirements.

India-Specific Platform

GIFT City vehicle development, deep familiarity with InvIT and RBI ECB frameworks. Solutions for sovereigns, infrastructure entities, and institutional borrowers to access long-tenor European institutional capital at pricing and tenor not typically available through bilateral channels.

Market Context

Emerging-market borrowers face a persistent structural gap: domestic capital markets concentrate in the highest rating bands and shorter tenors, while the deepest pools of long-duration capital sit with European and global institutions. India illustrates the opportunity at scale, external commercial borrowing registrations have run at tens of billions of US dollars annually, and the corridor is widening as global capability centres, infrastructure monetisation and private credit deepen. The binding constraints are practical: withholding tax and treaty routing, rupee hedging costs that can absorb several hundred basis points, and documentation that must satisfy European investment committees. Cross-border structuring exists to solve exactly these frictions.

Execution Framework

Explore Our Strategies

Advisory & StructuringStructured FinanceCapital stack design, SPV structuring and investor-grade documentation for complex borrowers.Find out more → Institutional SyndicationSyndicated LoansCoordinated institutional financing pools, larger tickets, longer tenors and typically tighter pricing.Find out more → Real AssetsSPV & Project FinanceNon-recourse structures for infrastructure and energy, from construction through operations.Find out more →

Market snapshot. Digital infrastructure is the sector’s fastest-moving segment: AI-driven data centre and power demand is reshaping institutional pipelines globally and in India, while energy transition and transmission auctions continue to supply contracted, long-duration assets.

Investment Focus

Infrastructure is the platform’s core sector. We finance energy transition, transportation, digital infrastructure and social assets across Europe and emerging markets with institutional-grade structures, long-duration senior debt, credit-enhanced facilities and securitisation routes matched to contracted, inflation-linked cashflows.

Sub-Sector Coverage

India Infrastructure Corridor

India is among the world’s largest infrastructure programmes: the National Infrastructure Pipeline (NIP) targets over US$1.4 trillion of investment, complemented by the National Monetisation Pipeline for brownfield assets. Foreign institutional debt participates through defined routes, and structuring for European investors turns on the following market architecture:

• Roads: NHAI hybrid annuity (HAM) and toll-operate-transfer (TOT) concessions, annuity-backed cashflows suited to long-tenor institutional debt
• Power transmission & renewables: tariff-based competitive bidding (TBCB) transmission assets and SECI/state PPA-backed renewable platforms
• InvITs: SEBI-regulated infrastructure investment trusts, the principal institutional aggregation vehicle for operating roads, transmission and pipelines, with leverage caps and mandatory distributions
• ECB route: external commercial borrowings under the RBI framework (post-February 2026 regime) for foreign-currency and rupee-denominated debt into infrastructure operating companies
• Credit enhancement: partial guarantee structures, DFI co-lending and first-loss support to lift domestic assets to international investment-committee standards

Market snapshot. Institutional demand has rotated toward logistics, warehousing and data centre campuses, while Grade-A office in major Indian metros continues to absorb capacity driven by global capability centre expansion.

Real Estate Expertise

Acquisition finance, development funding and refinancing for institutional-quality real estate across residential, commercial, logistics and mixed-use segments, structured through institutional syndication, lease-backed securitisation and credit-enhanced facilities.

Financing Formats

India Real Estate Corridor

India’s institutional real estate market has matured rapidly around REITs, Grade-A commercial assets and logistics. Foreign debt access is more constrained than in infrastructure, the RBI’s ECB framework restricts borrowing for real estate activities, so institutional structures follow specific routes:

• REITs: SEBI-regulated listed REITs holding Grade-A office and retail portfolios, the benchmark institutional entry point, with governance, leverage caps and distribution rules comparable to global standards
• Lease rental discounting (LRD): the domestic market standard for financing income-producing commercial assets against contracted rentals
• AIF and NCD routes: SEBI-regulated alternative investment funds and non-convertible debentures, the principal channels for foreign structured credit into Indian real estate, including via FPI participation
• GIFT City: IFSC-domiciled vehicles enabling foreign-currency participation with distinct tax treatment
• Growth segments: warehousing and logistics parks, data centre campuses and rental housing platforms, sectors where long-term contracted revenue supports institutional underwriting

Market snapshot. Private credit continues to take share from bank lending in both Europe and India, with acquisition finance, NBFC funding and capex-linked facilities among the most active corporate use cases.

Mid-Market Focus

Mid-market and upper mid-market corporates access structured finance for acquisitions, growth capital, refinancing and working capital through institutional syndication, senior secured facilities, holdco structures, convertible and mezzanine tranches designed around cashflow visibility and covenant discipline.

Solution Set

India Corporate Credit Corridor

India’s corporate credit market is in structural transition: domestic bank lending for acquisitions is restricted, and the domestic bond market concentrates in AAA/AA names, leaving a deep financing gap that foreign private credit increasingly fills. Key features for institutional lenders:

• Private credit growth: foreign funds are now established providers of acquisition finance, special situations and structured credit to Indian corporates and promoters, typically via NCDs subscribed under the FPI route or through AIFs
• NBFC funding: non-bank lenders raising growth capital for retail and SME on-lending books, a recurring institutional theme, accessed through ECBs and structured facilities
• ECB framework: RBI-regulated external commercial borrowings for eligible corporate borrowers and end-uses, with all-in cost ceilings and hedging requirements under the post-February 2026 regime
• Ratings translation: domestic-scale ratings (AAA local) map several notches lower on international scale, structures bridge this through security packages, escrows, DSRA mechanics and guarantees
• Enforcement architecture: IBC insolvency framework, share-pledge and escrow security, and offshore-law finance documents with onshore security, standard institutional protections in negotiated facilities

Market snapshot. With several multilateral guarantee programmes near capacity, sovereign-linked borrowers are increasingly diversifying toward institutional structures that stand alongside, rather than inside, guarantee envelopes.

Government Solutions

Governments and quasi-sovereign entities access European institutional capital through structured finance advisory and syndication, no political conditionalities, no governance constraints, no long-term dependency.

Investment Solutions

Our platform can be accessed through a range of strategies designed to meet institutional debt and credit objectives across the risk-return spectrum:

Why Invest With KWR

• Direct origination: Access to deals sourced through our dealer and arranger mandates, not secondary aggregation
• Institutional alignment: We co-structure alongside insurers, pension funds, ECAs, and DFIs
• Long duration: 10–20 year tenors matched to liability-driven investors
• Risk distribution: Aggregated mandates spread exposure across the consortium

Directly Originated Senior Debt

Our private credit strategy provides institutional investors with access to directly originated, senior secured debt extended to sovereigns, infrastructure entities, and institutional borrowers. Positions are structured and held through our consortium model, aligning investor interests with long-duration, cash-generative assets.

Investor Profile

• Insurance companies and pension funds seeking liability-matched, long-tenor assets
• Target pricing of 3.0–5.0% on senior secured tranches
• 10–20 year tenors with structured amortisation profiles
• Credit enhancement via ECA wrap or DFI co-investment where applicable

Diversified Participation

Institutional investors participate in coordinated syndicated facilities arranged by KWR. By aggregating mandates into a single coordinated pool, no individual investor carries full exposure, risk is distributed across the consortium, enabling larger ticket sizes, longer tenors, and typically tighter pricing than comparable bilateral arrangements.

Key Features

• LMA-standard documentation and governance
• Diversified exposure across sectors and geographies
• Lead-arranger oversight through the full facility lifecycle
• Transparent reporting via the Investor Portal

Debt Solutions

Our experienced team structures and manages a range of financing securitisations, bank facilities, unsecured debt, and other bespoke arrangements, with the goal of enhancing fund performance through diversified, long-duration leverage.

The KWR Advantage

Our structured products team combines deep technical structuring expertise with direct relationships across the institutional investor base, providing reliable access to long-term leverage across market cycles.

Experienced Issuer

• Structuring across securitisation, bank, and bespoke facility formats
• Multi-jurisdictional vehicle expertise (EU, Switzerland, Luxembourg, UAE, GIFT City)

Strong Lender Relationships

• Targeted engagement with insurance companies, banks, and asset managers
• Concessional and commercial capital sources coordinated in a single platform

Flexible, Higher-Return Strategies

Our credit opportunities strategy targets mezzanine, blended, and special-situation positions for investors seeking higher returns across the capital structure. These positions complement senior strategies with selective, actively-managed exposure.

Investor Profile

• Private credit funds and family offices seeking 6.0–8.0% on mezzanine structures
• Strategic and impact co-investors targeting 10–12% IRR equity positions
• Bespoke structures aligned to specific risk-return mandates

Our Offices & Entities

Key Contacts

Corporate Entities

• Kala Asset Management Limited, registered in England & Wales, Company No. 08887734 (incorporated 12 February 2014). Registered office: 66 Paul Street, London EC2A 4NA, United Kingdom.
• The White Rose Capital Group Limited, registered in England & Wales, Company No. 16321276. Registered office: Little Pinkneys, Lee Lane, Maidenhead, England, SL6 6PE. Registered with the Financial Conduct Authority (FCA Reference: 1039576) as an Appointed Representative of Laven Advisors LLP, which is authorised and regulated by the FCA (FCA Reference: 590557).

Restrictions & Regulatory Considerations

Nothing on this website constitutes investment advice, an investment recommendation, an offer or solicitation to buy or sell any financial products, or marketing of any fund in the United Kingdom or the European Economic Area within the meaning of the Alternative Investment Fund Managers Directive (AIFMD).

No content on this website constitutes a financial promotion under section 21 of the UK Financial Services and Markets Act 2000 (“FSMA”), nor should anything be construed as an invitation or inducement to engage in investment activity for the purposes of section 21 of FSMA, nor as marketing of investment services or financial instruments within the meaning of MiFID II.

This website is intended solely for persons who qualify as professional clients under Article 2(1)(8) of MiFIR (as onshored into UK law), investment professionals under Article 19 of the Financial Promotion Order, high-net-worth companies and unincorporated associations under Article 49 of the Financial Promotion Order, or any other person to whom such information may lawfully be communicated. Retail clients must not rely on or use the information on this website.

Regulatory Status

The KWR Capital Group platform provides structured finance advisory and capital arranging services through entities authorised or operating under the following frameworks:

• United Kingdom: Conduct of investment business under the Financial Conduct Authority (FCA) framework. White Rose Capital Group Limited operates as an appointed representative of Laven Advisors LLP, which is authorised and regulated by the FCA.
• European Union: MiFID II investment services facilitated via BlazeFinch GmbH / AHP Capital Management GmbH, regulated by BaFin (Germany).
• United States: This website is not intended for U.S. Persons. Any engagement with U.S. Persons is conducted solely in accordance with SEC Rule 15a-6 through a chaperoning arrangement with F CAPITAL, LLC (FNEX), an SEC-registered broker-dealer and member of FINRA and SIPC. No offer or solicitation may be made in the United States except as permitted under U.S. securities laws.
• Switzerland: Services provided to professional clients under the Financial Services Act (FinSA).

Professional & Institutional Clients Only

The information and services made available through this website are intended solely for professional clients, eligible counterparties, and institutional investors as defined under MiFID II, FinSA, and other applicable regulation. They are not directed at, and should not be relied upon by, retail clients or any person in a jurisdiction where such distribution would be contrary to local law.

Complaints

Any complaint regarding regulatory conduct may be addressed to our compliance function at Mangesh.Vaidya@kwrcapitalgroup.com or Deniz.Akgul@kwrcapitalgroup.com. In the United Kingdom, complaints may also be referred to the Financial Conduct Authority, 12 Endeavour Square, London E20 1JN (+44 (0)20 7066 1000, www.fca.org.uk).

Last updated: June 2026

1. General

This website is operated by Kala Asset Management Limited and The White Rose Capital Group Limited (together "KWR", "we", "us") as part of the KWR Capital Group platform. It is provided on an "as is" and "as available" basis. While we take reasonable care in preparing its content, we make no warranty, express or implied, as to the accuracy, timeliness, completeness, or suitability of the information provided.

2. No Investment Advice

Nothing on this website constitutes investment, financial, legal, tax, or accounting advice, or a personal recommendation. The content is provided for general information only and does not take account of any particular person's objectives, financial situation, or needs.

Past performance is not a reliable indicator of future results. All investments carry risk, including the possible loss of capital. The value of investments and any income from them can fall as well as rise. Prospective investors should seek independent professional advice and review all relevant offering documents before making any decision.

3. Not an Offer or Solicitation

The information on this website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation in respect of any security, fund, or financial instrument, and shall not form the basis of any contract. Any investment opportunity will be made available only to eligible professional or institutional investors, solely by means of formal offering documentation, and only in jurisdictions where lawful.

4. Information Accuracy & Verification

Market data, statistics, and third-party information are believed to be reliable but have not been independently verified by us. Indicative pricing, benchmarks, and projections are illustrative, may rely on external sources, and are subject to change without notice. Users are responsible for verifying information before relying on it. We may update or correct content at any time without notice.

5. Intellectual Property

All content on this website, including text, graphics, logos, and the KWR, Kala and White Rose marks, is the property of Kala Asset Management Limited, The White Rose Capital Group Limited, or their licensors and is protected by applicable intellectual property laws. No content may be reproduced, distributed, or otherwise used without our prior written consent. Our investment strategies, structuring methods, and frameworks are proprietary; their description here grants no licence to use them.

6. Limitation of Liability

To the maximum extent permitted by law, neither Kala, White Rose Capital, nor any group entity shall be liable for any direct, indirect, incidental, special, or consequential loss arising from use of, or reliance upon, this website or any inability to access it, including from technical faults, errors, omissions, unauthorised access, or malware. Nothing in this disclaimer excludes or limits any liability that cannot lawfully be excluded or limited.

7. Third-Party Links

This website may link to third-party websites and resources. We do not endorse and accept no responsibility for the content, accuracy, or availability of any third-party site. Your use of such sites is at your own risk and subject to their own terms.

8. Governing Law

This disclaimer is governed by the laws of England and Wales, and any dispute arising from it is subject to the exclusive jurisdiction of the English courts. If any provision is found invalid or unenforceable, the remaining provisions continue in full effect.

9. Financial Promotions & Marketing Restrictions

Nothing on this website constitutes a financial promotion within the meaning of section 21 of the UK Financial Services and Markets Act 2000, marketing of an alternative investment fund under AIFMD, or marketing of investment services under MiFID II. Content is directed exclusively at professional clients, eligible counterparties, investment professionals (Article 19 FPO) and high-net-worth entities (Article 49 FPO), or persons to whom it may otherwise lawfully be communicated. Retail clients must not access or rely on this website.

10. No Client or Fiduciary Relationship

Use of this website does not create a client, advisory, agency or fiduciary relationship with any KWR Capital Group entity. A client relationship arises only upon execution of a written engagement letter or mandate agreement, following completion of onboarding, client classification and applicable regulatory checks.

11. Forward-Looking Statements

This website may contain forward-looking statements, indicative figures, pipeline descriptions and mandate themes. Such statements reflect current expectations only, involve known and unknown risks, may relate to transactions that do not complete, and are subject to change without notice. No assurance is given that any indicated transaction, pricing, tenor or outcome will be achieved.

12. United States & Restricted Persons

This website is not directed at U.S. Persons as defined in Regulation S under the U.S. Securities Act of 1933. No securities have been or will be registered under that Act. Any permitted engagement with U.S. institutional investors occurs solely under SEC Rule 15a-6 through a registered broker-dealer. Persons in jurisdictions where access to this website would be unlawful must not use it; access from outside the UK is at the user’s own initiative and responsibility.

13. Conflicts of Interest

KWR entities may act for multiple parties across transactions, may receive success-based or other fees from borrowers, sponsors or investors, and may have commercial relationships with counterparties referred to on this website. Conflicts are identified and managed in accordance with applicable regulatory requirements and our internal policies; material conflicts are disclosed to affected clients.

14. Anti-Money Laundering & KYC

All engagements are subject to satisfactory completion of anti-money-laundering, know-your-client, sanctions and source-of-funds checks under applicable UK, EU, Swiss and US requirements. KWR reserves the right to decline or terminate any engagement where such checks cannot be completed to its satisfaction.

Last updated: June 2026

1. Who We Are

Kala Asset Management Limited (Company No. 08887734), of 66 Paul Street, London EC2A 4NA, and The White Rose Capital Group Limited (Company No. 16321276), of Little Pinkneys, Lee Lane, Maidenhead SL6 6PE, are jointly responsible as data controllers for personal data processed through this website. This policy explains what personal data we collect, how we use it, and the rights available to you under the UK General Data Protection Regulation (UK GDPR) and, where applicable, the EU GDPR.

2. Information We Collect

• Information you provide: name, firm, email address, telephone number, investor classification, and any details you submit through forms or correspondence.
• Technical data: IP address, browser type, device information, and pages visited, collected automatically through cookies and similar technologies.
• Verification data: information necessary to assess investor eligibility and to meet anti-money-laundering and know-your-client obligations.

3. How We Use Your Information

We process personal data to respond to enquiries, assess investor eligibility, provide services, meet legal and regulatory obligations, maintain security, and improve the website. Our lawful bases are: performance of a contract; compliance with a legal obligation; your consent (which you may withdraw); and our legitimate interests in operating and protecting our business, balanced against your rights.

4. Sharing & Disclosure

We may share personal data with group entities, professional advisers, service providers acting on our behalf, and regulators or authorities where required by law. We do not sell personal data. Where service providers process data for us, they do so under contract and only on our instructions.

5. International Transfers

Where personal data is transferred outside the UK or EEA, we put in place appropriate safeguards, such as adequacy decisions or standard contractual clauses, to ensure a comparable level of protection.

6. Data Retention

We retain personal data only for as long as necessary for the purposes for which it was collected, including to satisfy legal, regulatory, accounting, or reporting requirements, after which it is securely deleted or anonymised.

7. Your Rights

Subject to applicable law, you have the right to access, rectify, erase, restrict, or object to the processing of your personal data, to data portability, and to withdraw consent. You may also lodge a complaint with the UK Information Commissioner's Office (ICO) at ico.org.uk. To exercise your rights, contact us using the details below.

8. Cookies

This website uses cookies and similar technologies to enable core functionality, remember preferences, and analyse usage. You can manage or refuse non-essential cookies through your browser settings. Disabling certain cookies may affect website functionality.

9. Contact

For privacy queries or to exercise your rights, contact: KWR Capital Group, 66 Paul Street, London EC2A 4NA, United Kingdom. Email: Mangesh.Vaidya@kwrcapitalgroup.com or Deniz.Akgul@kwrcapitalgroup.com.

Last updated: June 2026

1. Acceptance of These Terms

By accessing or using this website you agree to be bound by these Terms of Use, together with our Privacy Policy and Disclaimer. If you do not agree, you should not use this website.

2. Eligible Users

This website and its content are intended for professional clients, eligible counterparties, and institutional investors as defined under applicable regulation. By using the site you represent that you are such a person and that access is lawful in your jurisdiction.

3. Permitted Use

You may use this website for lawful, informational purposes only. You must not misuse the site, attempt to gain unauthorised access, introduce malicious code, or use it in any way that could damage, disable, or impair its operation or interfere with another party's use.

4. No Advice; No Offer

Content on this website is provided for general information only and does not constitute investment, legal, or tax advice, nor an offer or solicitation in respect of any financial product. Please refer to our Disclaimer for further detail.

5. Intellectual Property

All intellectual property rights in this website and its content belong to Kala Asset Management Limited, The White Rose Capital Group Limited, or their licensors. You are granted a limited, non-exclusive, revocable licence to view content for your own informational use. All other use requires our prior written consent.

6. Third-Party Links

This website may contain links to third-party sites provided for convenience only. We have no control over and accept no responsibility for their content or availability.

7. Disclaimers & Limitation of Liability

This website is provided "as is" without warranties of any kind. To the maximum extent permitted by law, we exclude liability for any loss arising from use of, or reliance on, this website. Nothing in these terms excludes liability that cannot lawfully be excluded.

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9. Changes

We may amend these terms at any time by posting the revised version on this page. Continued use of the website after changes take effect constitutes acceptance of the revised terms.

10. Governing Law

These terms are governed by the laws of England and Wales, and the English courts have exclusive jurisdiction over any dispute arising from them.