Ashurst maintains a strong position in the fund finance market. Both funders and lenders rely on the team for advice on complex transactions. With a strong foundation in traditional fund finance, including capital call and subscription facilities, the team also has a stellar track record of advising on NAV and innovative hybrid facilities. Robert Andrews is a standout practitioner, handling the full gamut of matters from syndicated subscription facilities to novel NAV secondaries facilities. Nick Wong is highlighted for advising leading lenders and sponsors on secured capital call facilities, while Navdeep Benning is well-versed in bespoke financing products. Briony Holcombe regularly handles matters involving a range of products for US-headquartered banks, alongside working on SMA financings.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The combination of deep experience, breadth and depth of practice, acting for lenders and borrowers.’

  • ‘Rob Andrews has tremendous experience and wisdom, and Briony Holcombe benefit from having worked very closely with Rob over a long period.’

  • ‘Market knowledge, attention to detail, trust and structuring.’

  • ‘I rely on my counsel to provide me with, not only the best legal advice but also to guide me on commercial and market issues – Navdeep's years and range of experience, mean she has always delivered what I need and been able to advise and guide me as well. Compared with other counsels, Nav has always acted professionally and with integrity, demonstrating in-depth knowledge of the Fund Finance market and latest terms.’

Key clients

  • Barclays
  • CBA
  • Danske Bank A/S
  • ING
  • Investec
  • NatWest Markets
  • Nordea Bank
  • RBC
  • Société Générale

Work highlights

Advising Investec in respect of a public-to-private acquisition, using subscription finance, GP Co-invest and hybrid facilities.

Lawyers

Leading partners

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

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Robert Andrews; Nick Wong; Navdeep Benning; Briony Holcombe