Capital Solutions

The market opportunity

The landscape has shifted. Refinancing hurdles, constrained lending markets, and a prolonged high-rate environment are forcing companies to rethink how they access capital. Meanwhile, lenders and alternative capital providers are looking for risk-calibrated ways to deploy capital with meaningful downside protection and upside participation.

This creates a powerful alignment of interests and a surge in demand for creative alternatives. 

What we do

Whether you're a company seeking flexible capital or an investor structuring risk-adjusted returns, we leverage our global platform and integrated capabilities to deliver:

Equity and hybrid capital. We structure preferred equity, convertibles, warrants, and other hybrid equity financing instruments, advise on joint ventures, capital partnerships, and strategic minority investments, and support spin-outs, roll-ups, and complex growth transactions.

Debt finance. We structure term loans and revolving facilities across sponsor-backed and non-sponsor-backed corporates, negotiate asset-backed and specialty finance structures tailored to specific assets and cash flows, and advise on private credit, direct lending, and bespoke bilateral facilities where traditional markets fall short.

Stressed and distressed situations. We advise on opportunistic credit and special situations investments, structure and execute rescue financings and exit financings to stabilize and reposition businesses and lead liability management transactions across out-of-court and negotiated processes.

Hard asset investments. We structure capital solutions for logistics, real estate, infrastructure, digital assets, and sports, media, and entertainment, advising on asset-level and platform financings across ownership and operating models.

Structured and derivatives. We design and execute structured finance and securitization transactions covering structured debt and equity across asset classes, advise on derivatives and liability transfer structures to manage risk and optimize capital deployment, and create bespoke structured solutions to address regulatory, balance-sheet, or investor constraints.

Fund and manager solutions. We structure continuation funds, GP-led secondaries, and fund restructurings to support portfolio and liquidity objectives, advise on NAV financings, GP liquidity facilities, and fund-level leverage across strategies and jurisdictions, and counsel on preferred equity investments, co-investment structures, and CFOs to support growth and capital efficiency.

Our approach

Cross-asset and cross-border, each engagement is tactical, opportunity driven, and grounded in the commercial realities of your situation.

Bespoke structuring. Individually tailored debt, hybrid, and equity solutions designed to meet issuer and investor objectives.

Market-tested execution. Experience navigating complex negotiations, liability management, stressed or transitional situations, and enforcement.

Whole capital structure perspective. At asset, investment and fund-level, from senior secured instruments to junior debt capital, preferred and structured equity, capital partnerships, and more.

Risk-calibrated design. Governance rights, covenants, liquidity and collateral, and incentives calibrated to the transaction profile.

Global Footprint

With 4,900+ lawyers across 90+ offices in 40+ countries, DLA Piper’s Capital Solutions professionals sit in every major financial center – New York, London, Hong Kong, Singapore, Sydney, Frankfurt, Paris, Amsterdam, Dubai, and beyond. We combine global reach with local insight to support complex cross-border transactions, while deep sector experience – from energy and infrastructure to life sciences, real estate and technology – ensure structures align with the commercial and operational realities of your transactions.