Independent advice, backed by our own capital.

Caedryn Limited (凯峻资本) was founded by cross-border capital-markets practitioners who have spent the past decade taking Asian growth companies to international public markets. As the SPAC market matured — and the gap widened between well-structured vehicles and everything else — we drew a simple conclusion: the firms best placed to guide a listing are the ones willing to underwrite their own judgement. So we became a sponsor as well as an advisor.

Today Caedryn operates as both principal and advisor. We co-sponsor SPACs with operating partners and anchor investors, advise sponsor teams end-to-end, and represent buy-side clients in reverse takeovers. Our work spans Nasdaq, NYSE and HKEX, with origination reach across Greater China and Southeast Asia.

Every mandate is led by the firm's principals from first meeting to closing. We run no trading desk and no underwriting book, so our advice never competes with our own balance sheet — and because we sponsor vehicles ourselves, we negotiate every term as someone who has sat on both sides of the table.

We also hold ourselves to a public standard. Caedryn publishes regular research — market reviews, structuring whitepapers and transaction frameworks — because we believe a firm's thinking should be open to examination before its engagement letter is signed. You can read it on our Insights page.