We advised on more than 150 structured credit transactions in the first three quarters of 2026

Davis Polk’s structured credit practice advised on over $52 billion of structured credit financings in the first three quarters of 2026, across more than 150 transactions for a broad range of borrower and lender counterparties, including leading private equity and private credit investors and financial institutions.

Cumulative transactions for 2026 (Q1-Q3) include:

  1. Primary and secondaries NAV facilities: over $22.5 billion across 79 transactions
  2. Capital call / subscription line facilities: over $6.9 billion across 35 transactions
  3. Backleverage facilities: over $6.5 billion across 13 transactions
  4. Credit ABL financings: over $5.0 billion across 18 transactions

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