Daniel Marcus

Associate
He/Him/His

London
dan.marcus@lw.com
+44.20.7710.5889

PRACTICES

  • Banking
  • Capital Markets
  • Fund Finance
  • Structured Finance

INDUSTRIES

  • Financial Institutions
  • Fintech

BAR QUALIFICATIONS

  • England and Wales (Solicitor)

EDUCATION

  • LL.B. (First Class Honors), London School of Economics, 2009

PROFILE

Dan Marcus advises clients on complex financing matters across a wide array of structures and asset classes, with a particular focus on fund financing.

Dan draws on his sophisticated understanding of the market and extensive background in securitization financing to guide leading market participants on a wide variety of fund financings, including:

  • Asset-backed (ABL) facilities
  • NAV facilities
  • Capital call facilities
  • Hybrid facilities
  • GP facilities
  • LP portfolio financings
  • Single asset back leverage

He possesses market leading experience advising banks and other financial institutions on asset-backed loans against a portfolio of middle-market loans. Dan also provides complex advice at the intersection of fund financing and securitization regulations in the UK, Europe, and the US.

A recognized thought leader, Dan regularly publishes in prominent financial legal journals on topics relating to fund finance.

Dan continues to manage a broader structured finance and securitization practice for a variety of clients, primarily focusing on fintech and trade receivable asset classes.

EXPERIENCE

Dan’s experience includes advising:

  • Many leading banks in respect of ABL facilities collateralized by portfolios of middle-market loans, both in securitization and non-securitization formats
  • Banks in respect of long-term facilities backed by BSL portfolios
  • Leading banks on hybrid facilities to credit funds investing middle market loans
  • Insurance companies and syndicate banks in respect of their investments in various facilities backed by portfolios of LP interests
  • A PE sponsor on its first GP facility
  • A leading private credit fund on its PE NAV financings
  • An international bank on participating in a PE NAV financing
  • Leading banks on single asset (and other complex) back leverage transactions
  • ICG on a capital call facility in securitization format
  • Multiple UK and European banks on obtaining their internal approvals to lend capital call facilities in a securitization format
  • Funding Circle on becoming the first accredited small and medium enterprises (SME) loans platform under the UK government’s Coronavirus Business Interruption Loans Scheme (CBILS) in a significant milestone for the scheme and fintech lenders more widely
  • A leading chemicals company on its international trade receivables securitization