
Involved in the private credit market since its inception in Europe over a decade ago, Hogan Lovells International LLP has built up a loyal roster of some of the most prolific lenders in the upper mid-market, including Ares and Barings. Team head Paul Mullen has been pivotal to the firm’s success in the area and has been at the vanguard of the development of private credit as an asset class, helping to ensure that the firm generates mandates in novel new techniques, including its increased use in ARR financings and to finance UK take-private mandates. Jo Robinson and Francis Booth are also key contacts for this alternative lending work, with the ‘thoughtful and responsive’ Robinson particularly skilled at advising on unitranche and ARR facilities. The ’commercial and practical’ Penny Angell has a varied financing workflow that includes insurance-related acquisition finance mandates for lenders and borrowers.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'They are very thoughtful in their approach.'
- 'Jo Robinson - fantastic technical skills, easy to work with, very thoughtful and responsive.'
- ‘The highly experienced Penny Angell provides commercial and practical advice.’
Key clients
- HSBC
- Ares Management
- Barings
- Macquarie
- Intermediate Capital Group
- Five Arrows
- Ardian
- Tikehau Capital
- Park Square Capital
- Pemberton Asset Management
- Investec
- AshGrove
Work highlights
Acting for Pemberton as first lien lender in connection with the financing of Cap10’s acquisition of the Compass Fostering group.
Advising Park Square and SMBC on the €680m financing package for Inflexion Private Equity’s portfolio company, Aspen Pumps Group.
Advising Hayfin on the acquisition financing of the £350m take-private of Alliance Pharma plc by DBAY Advisors.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Paul Mullen
Jo Robinson
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Francis Booth
Practice head
Paul Mullen
Other key lawyers
Penny Angell; Jo Robinson; Francis Booth; Nick Cusack