Asset-backed finance forms a key part of Milbank’s practice, with the team advising on structures such as ABS, asset-backed loans, and wider financing transactions across private credit, consumer loans, music, and aviation assets. Practice head Alex Martin acts for asset managers on CLOs and other structured credit transactions. Private asset-backed facilities are a focus for Claire Bridcut, who also advises on novel financing solutions, including securitised loan origination platforms. James Warbey retired from the firm in December 2025.
Legal 500 Editorial commentary
Key clients
- Attica
- Axa
- Bain
- Benefit Street Partners
- BlackRock
- Blackstone
- BNP Paribas
- Bridgepoint
- Brigade
- Capital Four
- Carlyle
- Cross Ocean
Work highlights
Advising Blackstone on CLOs, Liquid Credit and CLO platform – Blackstone undertook a significant programme of CLO and loan warehouse issuance in 2025.
Advising on a joint venture between Muzinich and SMBC to establish a new European loan platform providing up to €1.5 billion in senior secured credit to corporate borrowers across Europe and the UK.
Advising Attica Bank S.A. (Attica) (now Credit Bank S.A.) on the Domus securitisation which was entered into to recapitalise Credia Bank’s balance sheet.
Practice head
Alex Martin
Other key lawyers
Claire Bridcut