Travers Smith LLP‘s fund finance team has a longstanding reputation for its impressive lender-side practice, acting for several major financial institutions. Led by Danny Peel, the team is well known for its ’excellent technical know-how’. Peel is reputed for his capabilities across subscription, co-investment, NAV, and hybrid facilities. Charles Bischoff is recognised for handling traditional subscription line facilities for major lenders. Laura Smith, who was promoted to partner in July 2024, advises sponsors on the full suite of fund finance products, including NAV and co-investment facilities.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team has excellent technical know-how and the deal teams collaborate with clients in an organised and effective fashion.’
‘Danny Peel is very knowledgeable and proposes commercial solutions. He is hands-on and helps to drive the transaction forwards.’
‘The team seamlessly blends advice which is both commercial and technically excellent. They have deep industry knowledge and experience, which allows them to understand the "why" behind a lot of the work we do. The associate base is particularly strong.’
‘Danny Peel is an excellent practitioner, who delivers timely, commercial and technically solid advice. His ability to simplify very complicated ideas and structures is particularly appreciated. Reece Morgan is a future star of the fund finance space.’
‘Travers are always reliable and consistent in their service acting on behalf of the lender we borrow from. They are always available and pragmatic in their approach and have a detailed knowledge of the market. The feedback from our counsel is always that Travers have performed well.’
‘Danny Peel is a pleasure to work with and is the grandfather of fund finance at this stage. He knows when to get involved and when to step back, and is always willing to discuss matters on a one-to-one basis before utilising others' time. Laura Smith is a hugely important member of the team and does a very good job of managing the process.’
Key clients
- OakNorth
- NatWest Markets
- Investec
- RBSI
- Lloyds Bank
- Santander
- Chrysalis
- MUFG
- ING
- HSBC Innovation Bank
- Wells Fargo
- SMBC
Work highlights
Advised NatWest Markets on a real estate NAV facility made available to a fund managed by Clarion Partners Europe.
Advised Chrysalis on a £70 million NAV facility provided by Barclays Bank.
Advised OakNorth on a £40 million NAV facility made available to Literacy Capital Plc.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Danny Peel
Other key lawyers
Charles Bischoff; Laura Smith; Reece Morgan