Simmons & Simmons

Structured Finance and Derivatives

David is a structured capital markets specialist covering a range of securitised and OTC derivatives and structured finance transactions. He has a particular focus on risk sharing and synthetic securitisation transactions structured as credit derivatives, financial guarantees and credit insurance contracts and acts for a wide range of arrangers, originators and investors in these products, including public sector institutions. He also has extensive experience of credit, equity and fund-linked products.

David also acts for government and multilateral financial institutions on their risk sharing and guarantee schemes including as counsel to the British Business Bank on the UK Government’s COVID-19 guarantee schemes and to the European Investment Fund on its pan-European guarantee schemes, including the European Guarantee Fund.

David trained at another international law firm before joining Simmons & Simmons in 2013. He has spent time in London and Tokyo and on secondment at a leading investment bank.

Career highlights include advising the investor on an EUR 8.4bn synthetic risk transfer transaction of corporate and SME loans. Advising Deutsche Bank, Morgan Stanley, Nomura and Societe Generale on the market’s first standardised multi-dealer repackaging platform. Advising the British Business Bank on the establishment of its ENABLE Guarantee Scheme and on the relaunch of its Enterprise Finance Guarantee Scheme, and advising a European Union institution on a number of Europe-wide mandates providing financial guarantees to support lending to SMEs.

English