Traditionally very strong within the private credit space and now afforded greater bandwidth to include financings accessing the public markets, following Philip Bowden and Megan Lawrence‘s arrival from A&O Shearman in July 2024, Proskauer Rose LLP is an increasingly compelling proposition on deals stretching from the mid-market to large cap deals. Faisal Ramzan and the ’highly commercial and pragmatic’ Alex Griffith have deep traction with many of the largest and most active credit funds in the market, including Ares and Alcentra, acting on new money deals and refinancings utilising senior, mezzanine, second lien and unitranche debt. Daniel Hendon and Harriet West are also very accomplished private credit practitioners, while for borrower work Barry Newman delivers ‘flawless strategic guidance and execution’ to private equity sponsors, including on financial services-related M&A. Bowden, Griffith and Ramzan co-head the team.
Legal 500 Editorial commentary
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Profile

Profile

Work Department
Corporate; Finance
Position

Philip Bowden is co-head of Proskauer's Global Finance practice, head of London’s Leveraged Finance team and a member of the Firm’s Private Capital industry group.

Philip has extensive experience representing commercial and investment banks, private credit funds and corporate borrowers across a range of debt products, specialising in leveraged acquisition finance, structured finance and investment grade event driven acquisition financings.

Prior to joining Proskauer, Philip served as Private Capital Sector Lead, and was the former Co-Head of the Global Banking Practice for 8 years at another prominent global law firm.

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Testimonials

Collated independently by Legal 500 research team.

  • ‘It is a well diversified practice that is able to accurately advise on financings of all sizes from lower mid-market to larger cap deals.' 'They consistently deliver helpful and important legal advice. Produce useful industry reports and frequent training days.’

    ‘Alex Griffith is highly commercial and practical and is always able to provide clear legal advice to drive efficient and acceptable outcomes for all parties.’

    ‘Barry Newman has exceptional legal acumen, consistently identifying critical issues while maintaining laser focus on what matters most. Barry delivers flawless strategic guidance and execution.'

Key clients

  • Alcentra Apera Asset Management Apollo Capital Management Arcmont Asset Management Limited Bridgepoint Credit Ares Management HPS (Highbridge) ICG - Intermediate Capital Group Pemberton Three Hills Capital Partners PGIM Private Capital Permira Credit Ambienta Credit Goldman Sachs J.P. Morgan Vertis Capital Klirmark Capital

Work highlights

Advised Ares on the provision of $3.3bn senior secured credit facilities to The Ardonagh Group, with HPS Investment Partners and Madison Dearborn Partners (MDP) acting as sponsors.
Advised Goldman Sachs on high yield bond issuances with an aggregate principal amount totalling €685m by APCOA Group GmbH, a leading European parking infrastructure operator.
Advised funds managed by Arcmont and an international bank on the provision of financing to support Novo Holding’s acquisition of a majority stake in Single Use Support GmbH, an Austrian life science tools provider that offers advanced technology solutions for the pharmaceutical production process.