"Demonstrates both leadership and team spirit, always with the aim to achieve the best deal for the client."
The Legal 500 UK 2024
"He is very responsive, has excellent experience and is always on top of his brief."
The Legal 500 UK 2024
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
Qualifications
Bar Qualification
England and Wales (Solicitor)
Education
LL.B. (First Class Honors), London School of Economics, 2009
Firm honored by Law360 for advising startups, financial institutions, VCs, digital asset and Web3 participants, and corporations on their most innovative and complex transactions, investigations, litigation, and regulatory matters.
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