Davis Polk & Wardwell LLP’s broad caseload encompasses acquisition financing, preferred equity investments, and restructuring related financings. Nicholas Palumbo heads the direct lending team, versed in asset-based credit facilities, mezzanine financings, and subscription line credit facilities. Jason Kyrwood is a key port of call for alternative credit providers on large-cap syndicated and private credit transactions. Zachary Frimet often advises private credit investors on nontraditional equity investments, and is knowledgeable of recurring revenue transactions, second-lien loans, and subordinated loans. Meyer Dworkin’s areas of expertise include acquisition financing, asset-based financing, distressed financings, and structured credit financing. Sanders Witkow is noted for strength in bankruptcy and restructuring financings, structured credits, and unsecured lending. Other key members of the team include David Kennedy and Kenneth Steinberg. All individuals mentioned are located in New York.
Legal 500 Editorial commentary
Accolades
Client satisfaction
Key clients
- Antares Capital
- Ares Capital Management
- Audax Private Debt
- Benefit Street Partners
- Blue Owl Capital
- Carlyle Global Credit
- Golub Capital
- HPS Investment Partners
- KKR
- Monroe Capital
- Oak Hill Advisors
- Oaktree Capital Management
Work highlights
Advised a group of direct lenders on a $4.8 billion financing commitment for Novo Holdings’ $16.5 billion acquisition of Catalent.
Advised a group of direct lenders on a $3.175 billion financing for Bain Capital’s $5.6 billion acquisition of PowerSchool.
Advised a group of direct lenders on Pluralsight’s comprehensive out-of-court recapitalization, which significantly reduced Pluralsight’s funded debt by approximately $1.2 billion and provided $275 million of additional capital.
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 Individuals
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Jason Kyrwood
Practice head
Nicholas Palumbo; Jason Kyrwood
Other key lawyers
Zachary Frimet; Meyer Dworkin; Sanders Witkow; David Kennedy; Kenneth Steinberg
