Gianluca Fanti

Structured Finance and NPLs

Hoist's sale of a €1.3 billion consumer and unsecured NPLs portfolio, 2024
Gianluca advised Hoist Finance Group, in connection with the sale of a portfolio of consumer and other unsecured non-performing loans for a total GBV of €1.3 billion to Cherry Bank S.p.A.

A US investment fund in the acquisition of €150 million non-performing loans, 2024
Gianluca advised Silver Point Capital LP and its affiliates in connection with their acquisition, through a securitisation structure, of a €150 million non-performing loans' portfolio (NPLs).

UniCredit S.p.A. on the setting up of €2 billion Fund, 2023
Gianluca advised UniCredit S.p.A., as originator and initial unitholder, in connection with the overall restructuring of certain non-performing investments of approximately €2 billion involving, inter alia, the setting-up of Olympus, a closed-ended alternative investment fund reserved to professional investors, and the contribution of a combination of restructured securitisation notes backed by two portfolios of distressed mortgage loan receivables, newly issued securitisation notes backed by distressed loan and leasing legal relationships and shares.

AMCO's acquisition of €42 million UTPs from Banco BPM S.p.A., 2023
Gianluca advsed Asset Management Company S.p.A. (AMCO) in connection with the acquisition of a portfolio of non-performing and nlikely-to-pay loans (UTPs) from Banco BPM S.p.A. for a total amount of approximately €42 million.

A FinTech platform setting up, 2022-23
Gianluca advised a platform manager in connection with the setting up of a FinTech platform for the assignment of trade receivables arising from the supply of TLC with funding from fund managed by an independent, owner-managed alternative asset management company.

AMCO's acquisition of €120 million UTPs from Intesa Sanpaolo, 2022
Gianluca advised Asset Management Company S.p.A. (AMCO) in connection with the acquisition of a portfolio of unlikely-to-pay loans (UTPs) from Intesa Sanpaolo for a total amount of €120 million.

Hertz's up to €1.1 billion securitisation of motor vehicles, 2022
Gianluca advised the Italian subsidiaries of the Hertz group in connection with an up to €1.1 billion securitisation of motor vehicles carried out pursuant to article 7.2 of the Italian securitisation law in the context of a pan-European securitisation programme established by the Hertz group.

Goldman Sachs on the establishment of an innovative private financing for Casavo, 2021-22
Gianluca advised Goldman Sachs International, as arranger and senior lender, and the other senior lenders, in connection with the establishment (and subsequent size increase) of an innovative private financing/securitisation for Casavo, an online PropTech platform in the real estate instant buying market.

AMCO's acquisition of €120 million UTPs from Intesa Sanpaolo, 2022
Gianluca advised Asset Management Company S.p.A. (AMCO) in connection with the acquisition of a portfolio of unlikely-to-pay loans (UTPs) from Intesa Sanpaolo for a total amount of €120 million.

Apeiron and Apollo funds's €1.8 billion transaction with Illimity, 2022
Gianluca advised Apeiron Management S.p.A. and funds managed by affiliates of Apollo Global Management in connection with a transaction with Illimity Bank S.p.A. consisting of the sale and subsequent refinancing of a portfolio of construction claims (riserve tecniche d'appalto) owned by the Apollo Funds with a nominal value of approximately €1.8 billion.

US bank's €100 million ABS acquisition and subsequent loans securitisation, 2021
Gianluca advised A US bank in connection with: (i) the acquisition of €100 million asset backed securities issued by an Italian securitisation vehicle and the subsequent restructuring of the securitisation transaction; and (ii) the purchase by a newly established Italian securitisation vehicle, acting through different compartments thereof, of two portfolios of performing and non-performing loans and the subsequent securitisation of such loans.

York Capital Management on a real estate transaction, 2021
Gianluca advised York Capital Management Europe (UK) Advisors in connection with a complex restructuring transaction involving, amongst others, the acquisition by funds managed or advised by York, through two separate Italian securitisation structures, of a €150 million non-performing mortgage loan portfolios secured by a combination of hotels, commercial properties and residential properties and the subsequent restructuring of the debtors' indebtedness pursuant to a framework agreement made by and between the investor and the relevant debtors.

A pool of banks on the setting up of the €600 million RSCT Fund, 2021
Gianluca advised UniCredit S.p.A., Intesa Sanpaolo S.p.A., BPER Banca S.p.A., Crédit Agricole Italia S.p.A., Crédit Agricole FriulAdria S.p.A. and other primary Italian banks, as originators and initial unitholders, in connection with the setting up of RSCT Fund (Responsible & Sustainable Corporate Turnaround Fund), being an innovative €600 million closed-ended alternative investment fund reserved to professional investors with a focus on unlikely-to-pay (UTP) corporate exposures, managed by Davy Global Fund Management and advised by Pillarstone.

Credito Fondiario €920 million multi-originator securitization, 2020
Gianluca advised Credito Fondiario S.p.A., as master servicer and special servicer, in connection with the €920 million multi-originator securitisation of non-performing receivables originated by 15 Italian banks (GACS eligible).

Intesa Sanpaolo Group and UniCredit's sale of a US$350 million NPLs portfolio, 2019
Gianluca advised Intesa Sanpaolo Group and UniCredit S.p.A. in connection with the set-up of a platform for the disposal of UTP shipping loans, through the constitution of an Italian closed-end umbrella alternative investment fund, named "Fi.NAV.", reserved to professional investors and the disposal of a shipping loans portfolio for a total GBV equal to around US$350 million.

Private Debt and Bank Lending

Pemberton's funds notes issuance for the acquisition of Ceramica Fondovalle, 2022
Gianluca advised funds controlled by Pemberton, as underwriters, in connection with the issuance of senior secured floating rate tap notes due 2024 issued by Italcer S.p.A., a company that operates in the ceramics sector, to partly finance the acquisition of Ceramica Fondovalle S.p.A., an Italian company which produces and sells ceramics.

Clessidra SGR's notes issuance for the acquisition of Impresoft Group, 2022
Gianluca advised Clessidra SGR S.p.A. in connection with the issuance of senior secured notes financing the acquisition of the Impresoft Group.

US fund and an international investment bank on a real estate financing, 2022
Gianluca advised a US fund and an international investment bank in connection with a real estate financing (an subsequent incremental facility) to an Italian real estate fund advanced through a securitisation structure.

Tikehau's notes issuance for the acquisition of PricewaterhouseCoopers Public Sector, 2021
Gianluca advised Tikehau in connection with the structuring and underwriting of €60 million senior secured floating rate notes due 2028 issued by an indirect subsidiary of Gyrus for the purpose of acquisition of PricewaterhouseCoopers Public Sector S.r.l. and refinancing the existing indebtedness thereof.

BC Partners Credit acquisition through an Italian securitisation vehicle, 2021
Gianluca advised BC Partners Credit, the credit group of BC Partners Advisors, in connection with a syndicated acquisition finance loan through Italian securitisation vehicle Agorà Finance S.r.l. and UniCredit S.p.A., as co-lenders, to a company dedicated to holding equity stakes in industrial and real estate entities.

Cassa Risparmio di Asti on a financing to a securitisation vehicle through Utps, 2021
Gianluca advised Cassa Risparmio di Asti S.p.A., as lender, in connection with a senior secured financing to an Italian securitisation vehicle collateralized by an unlikely-to-pay mortgage loan portfolio vis-à-vis an Italian real estate company.

Starwood Capital on a financing for the renovation of Hotel Danieli, 2021
Gianluca advised a US investment fund Starwood Capital Group in connection with a financing for the renovation of the Hotel Danieli in Venice, an historic and iconic luxury asset in Statuto Group's real estate portfolio. The transaction was organized by the US investment fund King Street Capital Management L.P. with the participation of Starwood Capital Group.

Mediobanca real estate financing for an asset located in Montecarlo, 2020
Gianluca advised Mediobanca – Banca di Credito Finanziario S.p.A. in connection with the purchase of a portion of the existing commitment under a facilities agreement entered into for the purpose of acquiring a real estate asset located in Montecarlo.

UniCredit on a real estate financing to Immobiliare Elvezia, 2018
Gianluca advised UniCredit S.p.A., as lender and agent, in connection with a real estate financing to Immobiliare Elvezia S.r.l., a company owning a real estate complex for office use located in Monza.

Mediobanca on a real estate financing for acquisition of Pirelli's headquarters, 2018
Gianluca advised Mediobanca – Banca di Credito Finanziario S.p.A., as original lender and agent, in connection with a term loan facility granted to Kryalos SGR S.p.A., acting as managing company of the close-ended real estate alternative investment fund "Tyre" – Fondo di Investimento Alternativo Immobiliare di Tipo Chiuso Riservato, to finance the acquisition of an office building located in Milan named the HQ1 building.