Market definitions

Market lexicon

Clear definitions of the private-capital and deal terms Barany Group works with.

Private deal office

A private deal office is a firm that connects companies seeking capital with private investors, such as family offices, private equity, and venture capital, through direct relationships rather than public markets. It sources, evaluates, and introduces opportunities, and structures transactions across equity, debt, and related instruments. A private deal office operates selectively and discreetly, working by introduction rather than open marketing. Barany Group is a private deal office active across Europe, the Middle East, Asia, North America, and Africa, with transactions from USD 500K to 500M plus.

Co-investment

A co-investment is a direct investment made alongside a lead investor in a single company or asset, rather than through a pooled fund. It lets family offices, private equity firms, and private investors put capital into a specific opportunity on terms aligned with the lead, often with lower fees than a fund commitment. Co-investment gives investors more control over which deals they back and a closer view of each company. Barany Group introduces co-investment opportunities to aligned investors across its network.

Off-market deal

An off-market deal is a transaction offered privately to a select group of parties rather than marketed publicly or run through an open auction. Because it is not broadly advertised, an off-market deal involves less competition, more discretion, and direct access between the company and a small number of qualified investors. Founders use off-market processes to protect confidentiality and control who sees their business. Barany Group works on an off-market basis, by introduction rather than open marketing.

Club deal

A club deal is a transaction in which a small group of investors pools capital to fund a single opportunity together, sharing the investment and often the diligence. It sits between a solo direct investment and a fund, giving each participant a meaningful stake while spreading exposure across the group. Family offices and private investors use club deals to access larger transactions than they would take on alone, while keeping the group small and aligned. Barany Group introduces opportunities suited to a club structure to aligned investors.

Middle market

The middle market refers to established companies that are larger than small businesses but smaller than large corporations, typically measured by revenue or enterprise value. Middle-market transactions are large enough to attract institutional capital yet often too small for the largest banks to prioritize, which is where specialist advisors operate. These companies frequently seek growth capital, recapitalization, or a full or partial sale. Barany Group works on transactions from USD 500K to 500M plus, with middle-market deals at the larger end of that range.

Family office direct investment

A family office direct investment is capital deployed by a family office straight into a company or asset, rather than through a fund managed by a third party. Direct investing gives the family office control over selection, terms, and holding period, and a direct relationship with the company. It requires sourcing, diligence, and access that many families build through trusted networks rather than public channels. Barany Group provides family offices with access to direct investment opportunities suited to their mandate.

Special situation

A special situation is an investment opportunity created by a specific event rather than by ordinary market conditions, such as a restructuring, a distressed sale, a succession, or a time-sensitive transaction. These opportunities often require discretion, speed, and capital that can act outside standard processes. Because they are event-driven and rarely marketed, special situations depend on direct access and trusted relationships. Barany Group works on special situations across corporate and real assets for its family office network.

Real assets

Real assets are tangible, high-value assets held for their intrinsic worth and income, such as real estate, hospitality, aviation, and marine assets. They are frequently transacted privately and off-market to protect confidentiality and control who takes part. Access to quality real-asset transactions depends on relationships rather than public listings. Barany Group arranges discreet, off-market real-asset transactions for the private portfolios of its family office network.