INSIGHT
Beyond mezzanine debt: when preferred equity is the right solution29 July 2026
By Rahul Sagar and Ben Neville
Private credit has become one of the fastest growing sources of capital across real estate, infrastructure and private markets. As traditional bank lending has become more constrained, institutional investors are increasingly deploying capital through bespoke financing solutions tailored to the needs of sponsors, borrowers and investment platforms.
At Trowers & Hamlins, we advise private credit funds, institutional investors, family offices, alternative asset managers, specialist finance providers and borrowers on financings across the capital stack.
From senior and whole loan facilities through to mezzanine, preferred equity and other structured capital solutions, we help clients deliver financing structures that reflect the commercial objectives of each transaction. Acting for both lenders and borrowers gives us a commercial understanding of the priorities on each side of the table, enabling us to deliver pragmatic advice focused on achieving successful outcomes.
Our experience spans the full private credit lifecycle, including acquisition and development finance, bridge lending, warehouse and forward flow facilities, loan-on-loan financings, NAV, subscription and equity bridge facilities, back leverage, structured real estate finance, litigation finance and special situations investments.
Working alongside our market-leading real estate, tax, corporate and restructuring teams across the UK, the Middle East and Asia, we advise on complex domestic and cross-border transactions from origination through to refinancing, restructuring and exit.
29 July 2026
By Rahul Sagar and Ben Neville
08 July 2026
By Rahul Sagar
14 July 2025
By Helen Fysh and Ashley Slatford
03 March 2025
By Ashley Slatford and Rob Woolliams