Macfarlanes has advised London-based specialist investment firm Quilam on the establishment of a joint venture with J.P. Morgan, with the creation of a partnership with the objective of building a market leading offering to the UK and European non-bank Speciality Finance sectors. 

The platform will operate to efficiently deploy capital through origination of facilities ranging from £50 - £250m in sectors including consumer, SME, leasing and property. 

The new senior debt offering can incorporate traditional senior and bespoke stretched-senior facilities and complements the existing product suite meaning Quilam can now offer structured credit solutions in the form of senior and mezzanine debt, or strategic equity-like junior capital including minority and majority ownership and secondary M&A buy-outs. 

A long-standing client of the firm, Macfarlanes has acted for Quilam on multiple transactions since its inception and this joint venture represents a significant milestone, showcasing the potential for creative structuring to unlock new opportunities for quick and flexible capital deployment. Macfarlanes looks forward to continuing its work on future on-lending facilities.

The Macfarlanes team was led by Finance Partner Andrew Perkins with assistance from Senior Counsel Ryan Moore and Associates Catherine Dawkins and Elizabeth Spicer. Corporate advice was provided by Steve Siopis and Susie Hucker, while structuring advice was provided by Tax Partner Jeremy Moncrieff and Senior Counsels Chris Mortimer and Alex Ereira.