Changoo & Associates
Strategic Capital. Disciplined Execution
Changoo & Associates
Strategic Capital. Disciplined Execution

GLOBAL TRANSACTION ADVISORY (GTA) – PRICING

 

CEO-Level Project Advisory – Market Pricing Framework

Benchmark Hourly Fees (USD)

  • U.S./UK – Tier 1 Boutique: $1,200 – $2,500/hr
  • Global MD / Partner (IB / Boutique): $1,500 – $3,000/hr
  • Project Finance CEO / Senior Advisor: $1,000 – $2,000/hr
  • Emerging Markets CEO-Level: $750 – $1,500/hr
  • Sovereign / Infrastructure Specialist: $1,500 – $3,500/hr

Note: Hourly rates are rarely applied as standalone billing models but serve as critical valuation anchors in board-level mandates, sovereign negotiations, restructuring, or litigation-sensitive matters.

Engagement Models

  • Hourly Reference
    Used sparingly; primarily as a benchmark of value to reinforce success-fee arrangements and provide legal defensibility in dispute resolution.
  • Monthly Retainer
    $25,000 – $100,000/month, typically covering 20–40 hours of CEO-level involvement across capital markets, structuring, investor interfacing, and board engagement.
  • Hybrid (Success Fee + Advisory)
    Common in growth and infrastructure mandates, blending base advisory with outcome alignment.

    • Advisory base: ~$1,200/hr (as needed).
    • Success fee: 1%–3% of capital raised/closed.

When CEO-Level Rates Are Justified

  • Restructuring or Turnaround Mandates – distressed credits, liquidity crises, recapitalization.
  • Sovereign Negotiations / Strategic Infrastructure – high-stakes engagements with sovereign wealth funds, multilaterals, or ministries.
  • Investor-Side Project Reviews ($100M+) – buy-side diligence, risk adjustment, or capital allocation reviews.
  • Regulatory or Litigation-Sensitive Transactions – requiring defensible governance and independent advisory oversight.
  • Direct Interface with Tier-1 Institutional Investors – where credibility and optics are critical to securing capital commitment.

Market-Standard Success Fee Tiers

  • Equity Raises: 3% – 5% (sliding scale, with larger raises trending lower).
  • Debt Facilities / Structured Credit: 1% – 2%.
  • Blended Capital Stack: 2% – 3%.
  • Infrastructure / Sovereign Capital Programs: 0.5% – 1% (typically on transactions >$1B).

Fees are layered to reflect transaction size, jurisdiction, complexity, and capital type (equity, debt, or hybrid). Retainers and advisory bases ensure alignment and continuity until close.

Bottom Line

CEO-level advisory is priced not by time but by outcomes. Rates reflect not only technical expertise, but the ability to anchor investor confidence, manage sovereign or institutional counterparties, and ensure execution certainty in mandates ranging from $10M project finance to multi-billion sovereign capital programs.