We advised on 50 structured credit transactions in the first quarter

Davis Polk’s structured private credit practice advised on over $17.7 billion of structured credit finance transactions in the first quarter of 2026, across 50 transactions for a broad range of borrower and lender counterparties, including leading private equity and private credit investors and financial institutions.

Our work included:

  • Primary and secondaries NAV facilities: over $8.2 billion across 26 transactions
  • Capital call / subscription line facilities: over $2.7 billion across 13 transactions
  • Backleverage facilities: over $5.3 billion across five transactions
  • Credit ABL financings: over $1.4 billion across six transactions

Davis Polk’s cross-border structured private credit practice includes finance partners Meyer C. Dworkin, David J. Kennedy, Aaron Ferner and Ryan D. McNaughton, counsel Bryan Gager, Kwesi Larbi-Siaw, Anthony Pitruzzello, Shen Mei Bolton and Joshua Bunn and associates Zachary Strother and Jason Levine. Members of the Davis Polk team are based in the New York and London offices.

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