Private Credit

Private Credit

Paul, Weiss has an extensive track record of providing comprehensive legal solutions to a range of institutions at the forefront of the growing private credit market, including asset managers, sponsors and investors. Our multidisciplinary practice combines decades of experience in complex finance and restructuring transactions with deep industry knowledge across credit fundraising strategies and investment objectives. We cover numerous types of private credit transactions and structures.

We have partnered with our asset manager clients for decades as the industry has grown to over $1.5 trillion worldwide in the last year. We currently represent a majority of the top 10 largest private credit managers in the world, according to Private Debt Investor. We bring a creative approach to developing private credit solutions across a range of structures and transactions to meet our client’s objectives, including financings, acquisitions, new platforms and other strategic transactions utilizing private credit.

With dedicated private credit experts across specializations and practice areas, we have a broad perspective on our clients’ businesses and market opportunities, as well as the ability, derived from our wide-ranging experience, to manage a host of potential risks or roadblocks. Our lawyers advise on:

  • Credit fund formation across the liquidity spectrum
  • Proprietary loan origination and bank partnership platforms
  • Bespoke securitizations
  • Asset-backed warehouse facilities
  • Specialty financing arrangements
  • Direct lending across the capital structure
  • Hybrid capital solutions
  • Distressed debt, rescue financings, DIP and exit financings, and special situations transactions
  • Liability management transactions
  • Establishing bespoke structures
  • Rated feeder and other insurance-related structures
  • Regulatory issues affecting credit managers, banks and borrowers

“The Paul, Weiss team is incredibly thoughtful, diligent and works with their clients to find the best outcome. They are incredibly creative in finding the best solutions for their clients.”

- The Legal 500

Recognition

Private Debt Investor: 2025 “Americas Law Firm of the Year” 

  • IFLR1000: 2024 Structured Finance and Securitization Deal of the Year for our work advising Apollo Global Management in its acquisition of Credit Suisse’s Securitized Products Group
  • Chambers USA (2025): a top-tier firm in dozens of categories, including banking & finance, structured finance, fund formation, restructuring and M&A 
  • Repeat winner of M&A Advisor’s Deal of the Year award for numerous private credit and hybrid capital transactions