Mr Mark Nuttall > Linklaters LLP > London, England > Lawyer Profile

Linklaters LLP

Work Department

Capital markets and structured finance.


Mark is a finance partner with a focus on infrastructure and utilities who also leads the firm’s social finance practice and is developing the firm’s blockchain expertise, with an emphasis on smart bonds.

His finance expertise covers public capital markets, including whole-business securitisations, as well as banking and private finance, derivatives and direct financing. Mark has a specific water, energy and regulatory finance practice, and advises many of the largest water and energy companies in the UK, as well as regulated companies across Europe. This included advising National Grid in respect of their £12bn disposal of Cadent, and Thames Water in respect the structuring and implementation of the £4.7bn Thames Tideway Tunnel project. As part of this practice Mark has advised on the majority of headline infrastructure and utilities disposals, acquisitions, financings and re-financings in both the UK and Europe in recent years.


Linklaters trainee solicitor 2001-03, associate 2003-08, managing associate 2008-12, partner 2012 to date.




Law Society.

Mark is a member of xDTM Standard Association, a non-profit consortium of more than 300 companies and government entities formed to generate and manage standards related to Digital transaction management.


Queens’ College, Cambridge.


Mark leads Linklaters’ award-winning social finance and pro bono practice, which specialises in social impact bonds, supra-national social financings and innovative ways of raising funds for charities. Mark has led on a number of charity bond programmes, including the Retail Charity Bond which was on the first LSE-listed retail charity bond platform, and also won the American Lawyer award of Global Pro Bono Deal of the Year, 2015.

He has also led on a £20m charity bond for Scope, and advised the Commonwealth Enterprise and Investment Council on the establishment of a Commonwealth-wide environmental projects funding scheme.

Lawyer Rankings

London > Projects, energy and natural resources > Water

(Leading individuals)

Mark Nuttall Linklaters LLP

Linklaters LLP‘s water department is distinguished by its full service offering, providing advice in all key areas of the water sector, including M&A, finance, regulation and competition. Having been involved in the water sector since privatisation in the 1990s, the firm has a strong understanding of the sector. Julian Davies heads the water team and has expertise in financing and M&A matters. Natura Gracia, head of water regulation, specialises in competition law and has handled regulatory investigations and appeals to the CMA, including a successful price redetermination appeal in 2021 on behalf of Anglian Water and Northumbrian Water. Mark Nuttall heads the firm’s structured finance group and is an expert in infrastructure and utilities financing. Reza Taylor has acted on a number of restructuring matters and led on Anglian Water’s issuance of a sustainability-linked bond in 2021. Newly promoted counsel James McGivern is also recommended for infrastructure and utilities financing.

London > Finance > Securitisation

Linklaters LLP is ‘one of the most prominent structured finance and securitisation practices in the UK and Europe and it has been at the forefront of the market for many years, advising banks and other market participants on regulatory and legal changes across asset classes‘. The firm is active for major players across all asset classes, and has a growing niche among non-bank mortgage originators. Mark Nuttall leads the firm’s structured finance group, founded by standout securitisation partner Julian Davies. Adam Fogarty, who handles CMBS, RMBS and ABS transactions, acted for PIMCO in a £325m securitisation of non-performing electricity invoices for Public Power Corporation in Greece. Andrew Vickery leads the firm’s finance group and its covered bond practice. He assisted TwentyFour Asset Management with a £288m RMBS backed by owner-occupied mortgage loans secured on properties in the UK. Among the firm’s emerging partner talents, Alexander Shopov is ‘clever, hardworking and technically unbeatable‘, Reza Taylor is ‘creative and finds solutions others might overlook‘, and Thomas Quoroll has ‘an amazing ability to juggle multiple difficult matters and comfortably outperforms many partners from other firms‘. Manging associate Aditi Srivastava also plays a key role in the practice.