Travers Smith LLP has advised long-standing client August Equity ("August") on the sale of its investment in Hallmarq Veterinary Imaging ("Hallmarq") to funds advised by NORD Holding to support the strategic combination of Hallmarq and OR Technology.

Travers Smith LLP has advised long-standing client Investec Alternative Investment Management (“IAIM”), a subsidiary of Investec Bank plc (“Investec”), on the fundraising of its flagship fund, Investec Private Debt Fund II ("PDF II"). PDF II raised more than €600m in total commitments exceeding its target.

Travers Smith has advised the Hickman family on the sale of Pontrilas Group to Glennon Brothers.

Partner Adam Burk and Senior Counsel Ian Luby have authored a chapter on the securitisation of subscription lines and credit NAVs in the latest edition of Global Legal Insights’ annual fund finance publication. In this chapter, they examine the application of EU and UK securitisation rules to subscription lines and credit fund NAV facilities, outlining key regulatory obligations, emerging market trends, and the implications of recent legal developments for fund finance participants.

On 27 January 2026, the Government published draft legislation to revolutionise the way in which flats are owned and managed in England and Wales. The headlines provisions are as follows:

In his recent address at Davos, Mark Carney heralded the end of a "pleasant fiction", the belief in a stable, rules-based international order where economic integration was a goal in itself. For Carney, the "rupture" in this order marks a shift from global integration towards strategic autonomy and securonomics.

Travers Smith has advised a consortium of lenders on the refinancing of the Westermost Rough Offshore Wind Farm, a 210 MW offshore wind asset located off the coast of Yorkshire. The facility was successfully refinanced on competitive terms, reflecting current market conditions and significant appetite from the lending market for high-quality renewables assets.

Share plans are a powerful mechanism for companies to recruit, retain and motivate talent.  By taking a stake in the business they work for, employees can align their interests with the company's long-term goals.  

In this Winter Update we reflect on key events affecting Incentives and Remuneration and look at what 2026 has in store. 

Head of Derivatives & Structured Products Jonathan Gilmour, Senior Associate Elinor Samuel and Associate Tom Purkiss have authored a chapter on derivatives at fund level in the latest edition of Global Legal Insights' annual fund finance publication. This chapter highlights some key structuring and legal issues that should be considered by a private capital manager thinking about entering into derivatives transactions at fund level as part of its risk management or investment strategy.

I’m delighted to introduce Insights ’26, our annual preview of the year ahead for the alternative asset management sector.

A regular briefing for the alternative asset management industry.

Travers Smith LLP has provided strategic regulatory advice to long-standing client EQT AB (EQT), a differentiated global investment organisation, in relation to its acquisition of Coller Capital, a leading global secondaries firm with nearly USD 50 billion in total assets under management. 

Travers Smith LLP has advised long-standing clients Hamberley Care Homes and Patron Capital, the pan-European institutional investor who back Hamberley, on Hamberley's innovative £210 million long-term refinancing deal with UK & European private credit investor Song Capital.

Travers Smith LLP has advised long-standing client Mansford LLP, the multi-strategy real estate investment firm, on the refinancing of its Student Cribs platform. 

Travers Smith proudly welcomes the inaugural cohort of companies to its new fintech incubator programme, Fintech Amplifier. This year-long initiative, designed to empower the next wave of financial services innovators, provides participating companies with top-tier access to legal expertise, industry insight and valuable networking opportunities.

The UK Government is consulting on major changes to the law on late payment.  These range from powers to fine businesses which fail to pay their suppliers on time through to measures which would prohibit credit periods of more than 60 days and restrict customers' ability to withhold payment.  In this briefing, we look at how these proposals would impact businesses in practice.

On 21 January 2026 the Government published the much-anticipated Warm Homes Plan.  This is heralded as providing £15bn over five years to UK households, in order to help upgrade five million homes by 2030. 

Travers Smith LLP has advised Dean Lamble and the senior management team of Pure Cremation on the sale of a minority interest by management and Epiris to Centerbridge Partners.