Richard Fletcher > Macfarlanes LLP > London, England > Lawyer Profile

Macfarlanes LLP
20 CURSITOR STREET
LONDON
EC4A 1LT
England
Richard Fletcher photo

Work Department

Finance

Position

Richard advises financial institutions and corporates on a range of financing matters. He focuses on fund finance, speciality finance and structured finance including the structured finance and debt capital markets aspects of project finance, infrastructure finance and restructurings.

His work includes advising on:

  • leverage facilities and investor call bridge facilities;
  • receivables financing, asset based lending and speciality finance;
  • structured financings and structured products;
  • RMBS, CMBS, CLOs / CDOs and whole business securitisations;
  • debt capital markets issues, including bonds, MTNs, high yield bonds, convertibles and exchangeables;
  • project bonds and infrastructure financings; and
  • refinancings and restructurings.

Career

Qualified 2006; partner 2015

Lawyer Rankings

London > Investment fund formation and management > Fund finance

(Leading partners)

Richard Fletcher – Macfarlanes LLP

Asset managers, private equity firms, and credit funds are all routine features of Macfarlanes LLP‘s client list. The team has nurtured its distinct knowledge of credit funds, particularly concerning their gearing facilities. Alternative work sources include subscription lines, NAV facilities, and GP support facilities. Team head Andrew Perkins is key to the firm’s relationships with credit funds, advising on their finance requirements and critical deployment mandates. Richard Fletcher helps his clients structure subscription lines, GP facilities, Manco facilities, and NAVs into a variety of investment funds. Adam Caines was promoted to partner in April 2023.

London > Finance > Derivatives and structured products

Macfarlanes LLP is one of the leading firms for buy-side clients, though it also has a strong prime brokerage practice advising on documentation for UK and APAC transactions. The team led by Will Sykes, who acts in trading, hedging and financing transactions, and Chris Acton, who assists hedge funds, managed account platforms and proprietary trading houses, ‘has unparalleled market knowledge and is hugely commercial and pragmatic‘. Richard Fletcher has a broad practice advising financial institutions, corporates, fund managers, investors, servicers and trustees. Supporting the partners is a strong group of senior counsel, among them equity derivatives adviser Alex Coyne, securities finance and prime brokerage expert Rob Daniell, and hedge fund specialist Christine Long.

London > Finance > Securitisation

(Leading partners)

Richard FletcherMacfarlanes LLP

The structured finance group at Macfarlanes LLP has a ‘great combination of transactional and businesss skills and regulatory expertise‘. Lead partner Richard Fletcher is ‘an outstanding legal adviser with exceptional technical knowledge‘. Andrew Perkins, who heads the finance group, Kelly Wilson and Ryan Moore also play pivotal roles in the practice. Particularly well known for advising banks, alternative lenders and credit funds, the firm handles regulatory and transactional matters, notably residential and commercial mortgages, consumer loans, trade receivables and whole-business deals.