Travers Smith has advised long-standing client Basalt Infrastructure Partners on the sale of Manx Telecom Group to a strategic partnership of CVC DIF and Jersey Telecom. The transaction is subject to regulatory approvals. Manx Telecom is the incumbent digital-infrastructure platform on the Isle of Man, offering broadband, fixed line, mobile, and secure data services to residential, business, and public sector customers.

Travers Smith has advised longstanding client Investec on the provision of upsized senior debt facilities to support Triple Private Equity-backed Legal Benchmarking Group (“LBG”) in its strategic acquisition of The Lawyer, a leading UK legal business intelligence platform, which has been acquired from Centaur Media.

Travers Smith has advised RBS International on the provision of an €80m NAV facility to Foresight Energy Infrastructure Partners (“FEIP”). The facility will support FEIP's continued development of its portfolio of renewable energy and enabling infrastructure assets. 

Travers Smith has advised Deutsche Numis as sponsor on GB Group plc's ("GBG") move from AIM to the Equity Shares (Commercial Companies) Category of the Official List of the Financial Conduct Authority and to trading on the Main Market of the London Stock Exchange.

Travers Smith has advised Shawbrook Bank on the provision of a new £65 million NAV facility to Castelnau Group Limited (“Castelnau”), a listed closed-ended investment company on the London Stock Exchange.

Welcome to our series of podcasts in which we discuss important and developing issues in international arbitration.  We aim to discuss issues that will be of interest to both arbitration lawyers and non-arbitration lawyers alike.

The environmental and social challenges we all face, and the implications of those for businesses, are not going away. And yes, we have seen changes in the EU (so long a leader on ESG) regulatory agenda – but that is too often taken to be a change in end-goal, rather than what it is: a change in means.

Travers Smith has advised our long-standing client Macquarie Capital Principal Finance on its investment in UniHomes, an online marketplace for bills inclusive accommodation helping students across the UK find accommodation.

According to press reports, the Chancellor is preparing to introduce a new national insurance/social security contribution (NIC) charge on partnerships, so-called "partnership NICs", in next month's Budget. Such a move would have a significant impact on the UK private capital management sector (for which the limited liability partnership (LLP) is a key business model), increasing costs and potentially leading to LLPs being restructured. 

We explain what the UK National Underground Asset Register is and how it should make life easier for energy infrastructure operators.  We also look at how the obligations of asset owners will change following the introduction of the new system.

Travers Smith has advised long-standing client Arjun Infrastructure Partners on its acquisition and financing of a further stake in Bigadan, a Danish biogas platform, supporting the company’s next phase of growth and development.

Travers Smith has advised long-standing client Ancala on the consolidation of its holding in Liverpool John Lennon Airport. 

Travers Smith's Financial Services and Markets and Incentives and Remuneration teams have published a briefing on recent developments in October 2025 relating to reform of the UK and EU prudential frameworks and to changes to the remuneration rules for UK banks.

This article was first published in the October 2025 issue of Butterworths Journal of International Banking and Financial Law.

This In Practice article looks at the key features of net asset value facilities (NAV facilities) for private equity real estate funds and discusses some of the points of difference when compared to NAV facilities for private equity buyout funds. 

This article was first published in the October 2025 issue of Butterworths Journal of International Banking and Financial Law. Since the time of writing, the Financial Conduct Authority has launched its consultation into its planned industry-wide scheme to compensate motor finance customers who were treated unfairly between 2007 and 2024. For further details of the proposed redress scheme, see the FCA statement. 

A regular briefing for the alternative asset management industry. 

The Chancellor of the Exchequer, Rt Hon Rachel Reeves MP, is preparing to deliver her second Budget on Wednesday 26 November 2025.

The publication of the EU's Defence Readiness Omnibus in June 2025 marks a significant shift in position by the European Commission towards defence funding, as part of a wider rearmament strategy in Europe. The EU wants to help Member States secure "effective and fast deployment of … necessary large investments" in the defence sector.