Capital markets remain selective in 2024, with lenders and investors prioritizing cash-flow visibility, credible management teams, and clear use of proceeds. For mid-market companies and project sponsors, success depends on preparation and alignment with the right capital partners.
Key themes we are watching include:
- Higher due diligence thresholds — Investors are spending more time on unit economics, governance, and risk allocation.
- Blended finance growth — Development institutions and private capital are increasingly co-investing in bankable emerging-market projects.
- Private credit expansion — Non-bank lenders continue to fill gaps left by traditional institutions, especially for specialized assets.
- ESG-linked pricing — Sustainability metrics are becoming a standard part of financing conversations.
Companies that present a clear investment thesis, robust financial model, and well-prepared data room are best positioned to attract capital on favorable terms.