Travers Smith has advised Rose Street Partners (a UK-based long-term investor providing a permanent home for established private businesses), on refinancing its existing facilities to support future M&A. 

Travers Smith has advised long-standing client Zegona Communications plc on its transfer of listing category to what used to be called a premium listing*, with effect from 25 November 2026. The Transfer will mean that Zegona will be eligible for inclusion in the UK FTSE Index Series in March, with the expectation that Zegona will join the FTSE 250 Index.

Today, Travers Smith LLP is announcing the establishment of the Andrew King Scholarship, a new grant aimed at expanding access to legal careers. The Scholarship is launched in the name of former Travers Smith partner Andrew King, who sadly passed away earlier this year.

Travers Smith has advised Portman Finance Group, a leading financial distribution platform helping SME businesses access a wide range of commercial funding solutions, on the investment by private equity firm, Freshstream Investment Partners, to support its next stage of growth.

Travers Smith LLP has advised FourLeaf Capital on its investment in EverGrowth Group, a founder-led business building a national group of specialist B2B essential services companies.

A regular briefing for the alternative asset management industry. 

Back in October 2025, the UK Financial Conduct Authority (FCA) began a review into how UK private market firms were identifying, managing and mitigating conflicts of interest. The scope of the review focused on fund management, discretionary portfolio management and advisory activities carried out in or from the UK in connection with investment in private equity, private credit or real estate.

The UK Government issued a final order under the National Security and Investment Act 2021 ("NSIA") on 7 October 2026 conditionally approving the 2024 acquisition of Gumtree.com Limited by FE International Limited, a wholly owned subsidiary of Chinese online classified advertisements company 58.com.

In collaboration with Ukrainian law firm Arzinger, we recently hosted a webinar on Ukraine's wartime defence-industry boom and the legal framework foreign companies need to navigate in order to do business in it.

Recently, the seemingly unstoppable march of AI deployment across the world economy has rarely been out of the news. As financial services firms increasingly adopt AI-driven tools within their businesses, a key question has been how regulators will respond and whether they have clearly articulated their expectations for AI usage and governance across the sector.

Latest episode: HMRC's consultation on modernising the distributions framework (Part 3: The impact on Private Capital)

According to government sources it appears the UK Competition Reform Bill (the "Bill") is no longer a priority for the new prime minister Burnham and his team due to a "shift in political priorities".

The private capital market is constantly evolving, and venture capital is undergoing an especially significant shift as the industry faces into the pressures impacting private equity GPs.

The battle for European basketball has begun. The NBA’s new model is preparing to take on the EuroLeague.

From 30 October 2026, trade unions will have the right to formally request access to workplaces to meet, support, represent, recruit or organise workers and to facilitate collective bargaining. This is one of a number of measures which the Government is introducing with a view to increasing trade union engagement, and the Government has committed to reviewing this new statutory access right within the first six months, so it is possible that changes will be made in the future.

Two significant changes to harassment law are coming into force on 30 October 2026:

The Terrorism (Protection of Premises) Act 2025 (often referred to as "Martyn's Law") will require those responsible for certain premises and events to take steps to prepare for potential terrorist attacks and help keep people safe if an attack were to take place. In addition, certain larger premises and events are required to consider their vulnerability to acts of terrorism, and, where appropriate, take reasonably practicable steps to reduce those vulnerabilities.

In this issue, we look at extended liability for right to work checks, the £28 million fine on Virgin Media for mishandling customer calls and the practical lessons from recent case law on step-in rights and complex outsourcing contracts. 

On 8 October 2026, the FCA published Consultation Paper CP26/35 (the CP) on redemption arrangements for authorised funds investing in illiquid assets. The consultation closes on 11 December 2026.