Daniel Bhalla

Dan advises banks, sponsors and corporate borrowers on a range of complex cross-border structured financings. He has a particular focus on fund liquidity products including NAV financing, margin lending and bespoke asset-backed financings. His experience includes delivering tailored financing solutions over a diverse range of asset classes, including listed shares, private equity interests, loan interests, bonds and contractual rights.

Dan also has extensive experience advising both lender and borrower clients on investment grade corporate and acquisition finance transactions.

Dan developed an in-depth understanding of his clients’ commercial priorities through his secondments to the equities solutions and fund finance teams at Barclays and Citigroup.

Work highlights

His experience includes advising:

• Several leading investment banks on a wide variety of margin loans (including pre- and post-IPO margin loans and loans for stake building purposes) to funds, corporates and family offices.
• A major investment fund on a NAV financing secured over a portfolio of listed and unlisted equity investments in its flagship portfolio.
• A leading investment bank as lender on a NAV financing for a growth investment fund secured over a portfolio of listed and unlisted equity investments.
• A group of leading investment banks on a NAV financing for a European private equity fund backed by a top-tier private equity sponsor.
• A major investment bank on a NAV financing for a credit fund secured over a portfolio of loans and other debt instruments.
• A major investment bank on several back-leverage transactions secured over privately placed notes.
• A major investment bank on a Lombard loan financing for a sovereign investment vehicle.
• The lender on a loan financing secured over preferred equity interests.
• The manager of a pensions fund on its debut subscription line financing.
• A group of major investment banks on a loan financing secured over deferred consideration and other contractual rights.
• A leading investment bank on a major vendor financing.