Danny Peel

Partner

Danny is a partner in the Finance team. He joined the firm as a trainee in 2003, has been a partner since 2013 and was Head of Finance between 2021 and 2023.

He specialises in real estate finance, fund finance and general corporate lending, with his fluency in both fund and asset-level structures enabling him to advise on financings at all levels of the capital stack.

Fund finance

Danny has been a key player in the fund finance market for over 20 years. He has a long-established lender side practice where he regularly advises many of the most active lenders in the market on subscription, co-invest, NAV and hybrid facilities across asset classes and strategies. He also advises a range of Europe's leading asset managers on their fund level facilities.

Real estate finance

Danny acts for bank and non-bank lenders, real estate funds, real estate-backed corporates, and developers on all aspects of debt financing, including investment and development facilities. He has significant experience across asset classes, with a particular specialism advising private equity funds on financing alternative assets including hotels, senior living, student accommodation, serviced offices and self-storage.

Danny speaks and writes extensively on both real estate finance and fund finance. He is ranked as a leading individual by Legal 500, and in Band 2 by Chambers & Partners, in fund finance.

Selected Deals

RBS Group on subscription, co-invest and NAV facilities in excess of £20 billion made available to major European private equity real estate funds.

Lloyds Bank on subscription and hybrid facilities made available to infrastructure, private credit and secondaries funds.

Banco Santander on subscription and hybrid facilities made available to open and closed-ended private equity, private equity real estate and private credit funds.

Investec on multiple subscription and NAV facilities, including a NAV facility made available to infrastructure fund manager Next Energy.

The lenders on a subscription facility made available to the world's largest ever secondaries fund.

A club of banks led by Wells Fargo on subscription and NAV facilities made available to an open-ended private equity real estate fund.

NatWest on a NAV facility made available to a private equity real estate fund.

A syndicate of lenders, including Lloyds and ING, on a NAV facility made available to a listed fund advised by Partners Group.

The lenders on multiple hybrid facilities made available to funds managed by a large European asset manager.

MUFG Bank on a subscription facility made available to an SMA established by one of the world's largest asset managers.

One of the world's largest asset managers on a NAV facility made available to its latest semi-liquid infrastructure fund.

Asset managers across asset classes on subscription, co-invest and NAV facilities for their latest funds

Greystar on the refinancing of two PBSA blocks in Birmingham.

AJ Capital Partners on the financing of its acquisition and redevelopment of hotels in Oxford and Cambridge under the "Graduate" brand and golf hotels in St Andrews, Troon, Portrush and Royal County Down under the "Marine & Lawn" brand.

A joint venture between MARK and Seven Capital on a £258m facility to develop a 462-home prime residential-led scheme in West London.

PineBridge Benson Elliot (as lender) on a debt facility made available to finance the acquisition of a redevelopment site in Hackney Wick.

Patron Capital on its development framework partnership agreement with a US REIT (and the related finance arrangements) and the financing of its acquisition of business parks and retail destinations across the UK.

Clearbell Capital on numerous facilities, including the financing of its redevelopment of 85 Gray's Inn Road into a life sciences space and its development of a mixed-use business park in Maidstone.

Ashby Capital on the refinancing of debt facilities secured on retail parks in Guiseley and Swansea.

Laxfield Capital (as lender) on the financing of the acquisition of part of the historic Headley Court Estate site in Epsom, Surrey.

Mansford Capital on the financing of its "Student Cribs" portfolio.

Cinnamon Care Capital on the financing of the development and/or operation of care homes across its portfolio.

Safestore Holdings plc on its £595 million refinancing through a mixture of bank debt and a US private placement and the financing of its acquisitions of the Space Maker and Alligator portfolios.

Breedon Group plc on the financing of its £455 million acquisition of Lagan Group (Holdings) Limited and its £336 million acquisition of Hope Construction Materials Limited.

Shepherd Neame Limited on the refinancing of its existing corporate facilities via a new bank facility and a European private placement, secured on its portfolio of public houses and hotels.

Danny has expert knowledge and deep experience. He's pragmatic, resulting in sound advice upon which to make decisions.

Danny is an outstanding lawyer with an excellent grasp of complex issues and a deep understanding of the fund finance industry.

Danny is an excellent technical lawyer with a commercial focus and a well-organised team. His advice and insights have been really helpful.

Danny Peel is a pleasure to work with and is the grandfather of fund finance at this stage. He knows when to get involved and when to step back, and is always willing to discuss matters on a one-to-one basis before utilising others' time.

Travers Smith advises senior management team of TCR on its sale by 3i Infrastructure

Press releases

Mar 06

Travers Smith's Sustainability Insights: The UK's cautious roll out

Sustainability insight

Regulatory reform