Notes on capital, markets and machine intelligence.

Callian Perspective

August 11, 2026 · 9 min read

PDF, 8 pages

The Next Financial Crisis Won't Look Like the Last One

Why the World Is Quietly Rewriting the Rules of Global Capital

A Callian Perspective by Michael Decauni on sovereign debt, geopolitical fragmentation, artificial intelligence and the quiet rewriting of the rules of global capital. Download the full paper.

Cross-border capital

August 4, 2026 · 5 min read

Gulf capital and North American assets: a partnership playbook

Michael Decauni on Gulf to North America capital partnerships: counterparty selection, diligence expectations, governance rights and the cultural fluency that closes transactions.

Sovereign capital

June 18, 2026 · 6 min read

Sovereign wealth advisory: what institutional partners actually expect

Michael Decauni on how sovereign wealth advisory works in practice: mandate clarity, jurisdictional strategy, governance and the discipline that keeps cross-border capital moving.

Infrastructure

July 21, 2026 · 6 min read

Cross-border infrastructure finance: structuring capital that survives politics

Michael Decauni on how infrastructure capitalisation works across jurisdictions: blended capital stacks, sponsor alignment, political risk and the structures that keep long-dated assets financeable.

AI and quantitative finance

July 2, 2026 · 7 min read

AI and quantitative finance: where institutional capital is actually going

Michael Decauni, Managing Director of Transcend AI GAMMA Fund I LP, on deep learning in systematic trading, low latency infrastructure and how allocators evaluate AI-driven strategies.