Origination deals are very complex, sophisticated sales deals with extremely bespoke contractual arrangements at its base. Origination deals usually suppose very strong corporate or personal relationships between the counterparts.
EV will engage in very bespoke and sophisticated origination activities if they are back to back (that’s means essentially risk free and hence have the character of service deals). EV will also not conduct origination as its main business but rather an exotic add on activity.
If a strategic investor brings origination opportunities to the table, EV will consider and service them. EV will also act as a broker if this proves to be profitable and is required but again only on a strict back to back basis. EV will normally not transform product according to the wishes of the counterpart. It’s the same product in and out only if the transfer offers a fair profit opportunity, we will think about.