Private Credit
Partnering with global private credit investors to help them unlock value and access opportunities as the industry expands.
We work with the most active private credit investors structuring novel debt and equity investments throughout the capital stack and across the world’s leading markets. We have an unmatched global footprint allowing us to connect with clients on the ground, wherever they are.
We advise over 80% of Private Debt Investor’s 2023 top 100 leading private credit firms across the full spectrum of investment strategies, including venture debt, direct lending, asset-based lending, speciality financing including fund financing, subordinated debt, special situations and distressed debt.
Leveraging our leading global finance, capital markets, funds, real estate, infrastructure, restructuring, regulatory and tax groups, our private credit practice benefits from being able to call on the expertise of product and sector specialists from across our network to provide an integrated and nimble team that can handle the most complex cross-border investments.
Our lawyers also regularly engage with key industry stakeholders and trade association bodies to shape the industry's future and keep our clients ahead of the curve.
Our experience
Private credit lenders
Barings
A European secondaries fund
Starwood
We advised Starwood on its financing to Blackstone for the AUD8.9bn acquisition of Crown Resorts Limited, a publicly-listed Australian gaming company.
Eurazeo
We advised Eurazeo on the financing for the refinancing of the Kinly Group, owned by Avedon Capital Partners, including additional financing for the acquisition by Kinly of AVMI.
Private credit lenders
Explore our services
Meet our lawyers
News and insights
Publications: 05 October 2023
Evolution of private debt market provides deal-makers with more flexible financing options
Private equity sponsors have faced a challenging landscape in the debt markets over the past 18 months. Finding leverage for acquisitions when significant parts of the capital markets had brought down…
Publications: 05 October 2023
Funds use range of techniques to fill funding gaps and navigate M&A valuation mismatches
From NAV financings to preferred equity, holdco PIK financings and partial sales, sponsors are finding creative ways to navigate current market volatility. Here we explain what to look out for in…
Publications: 05 October 2023
Tax reforms focus on the substance of holding companies and treatment of carried interest
Fundamental changes to the international tax framework are having an impact on deal structures, modelling and financial cash flows. And there are further developments on the horizon.
Recognition
The team has delivered on very complex structuring matters and negotiations with our counterparties. Its lawyers are very thoughtful and always one step ahead, which makes life a lot easier for us as we know Allen & Overy gets us the best deal out there and points out key issues upfront. I rate them very highly.
Chambers & Partners, 2023 Banking & Finance
Extremely deep bench across all levels and jurisdictions so able to deal with large cross border matters. Friendly and approachable team who all pitch in to get the job done. Excellent knowledge across product types.
Legal 500, 2023 Derivatives & Structured Products
Allen & Overy has excellent teams with deep technical knowledge…" Their service and responsiveness are of the highest quality.
Chambers & Partners, 2023 Banking & Finance
Allen & Overy offers top-drawer counsel on the most sophisticated transactions and houses a deep bench of securitisation specialists. The team has partner expertise in all asset classes, including advice on CLOs delivered by some of the world’s foremost experts.
Chambers & Partners, 2023 Capital Markets: CLOs
Awards and Achievements
- Law Firm of the Year – Transactions, Asia-Pacific, PDI 2023 Awards
- Law Firm of the Year – Transactions, Europe, PDI 2023 Awards
- Band 1 – Banking & Finance Chambers Global 2023
- Band 1 – Capital Markets: Structured Finance, Securitisation & Derivatives Chambers Global 2023
- Tier 1 – Investment Funds: Fund Formation Legal 500 2023
- Law Firm of the Year – Transactions, Asia & Europe (Shortlisted) Private Debt Investor 2023
- CLO Law Firm of the Year GlobalCapital European Securitization Awards, 2022, 2021, 2020
- Banking and Finance Law Firm of the Year Legal 500 China Awards 2023
- Best Financial Law Firm in Spain Expansión (Spanish Financial Times), 2023, 2022
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