Image of Adam Fogarty

Adam Fogarty

Finance Partner, London

"I specialise in portfolio acquisitions, disposals and asset- backed finance, in particular in the real estate sector. I advise purchasers, sellers, sponsors, lenders and companies on capital markets, securitisation, warehouse and derivatives financing solutions."

Overview

Education and qualifications

Overview

Adam is a finance partner based in London, with a particular specialism in  loan portfolio sales, asset-backed securitisations and real estate finance.

His finance expertise covers public capital markets, banking and private finance instruments, and derivatives.

Work highlights

Adam has led on a number of market-leading transactions. His recent work includes advising:

  • a consortium of the six largest UK financial institutions (Barclays Bank, HSBC Bank, Lloyds Bank, Nationwide Building Society, The Royal Bank of Scotland and Santander) in providing a staple financing package in connection with the sale in March 2017 by UK Asset Resolution of some £11.8bn of mortgage loans originated by Bradford & Bingley. The financing package consisted of an investment by the consortium in two public securitisation transactions to fund the purchase of the loans by the purchasers, Blackstone and Prudential. This was one of the largest government asset sales in Europe 
  • the purchaser on its acquisition of the £13bn UK residential mortgage loan book of Northern Rock Asset Management, the largest financial asset sale by a European government
  • the sponsor on a £6bn asset-backed securitisation of UK residential mortgage loans, the largest single issuance securitisation since the financial crisis
  • the acquiror on its acquisition of Capital Home Loans, a residential mortgage loan business, together with a £2bn portfolio of mortgage loans from permanent TSB
  • the UK’s leading shopping centre owner, on a £1.3bn multi-source refinancing to enable the company to refinance four of its flagship assets, including the Lakeside shopping centre
  • a consortium of private equity buyers on the acquisition of a portfolio of consumer credit loans from General Electric
  • the sponsors and the issuer on the €1.2bn project bond refinancing of the RI Expressway in Slovakia. The R1 Expressway was the first public private partnership project in the country
  • the sponsor on a highly innovative securitisation of government aid disbursements to fund a programme of immunisation in some of the world’s poorest countries

Education and qualifications

Adam studied jurisprudence at Oxford University.