Private Credit 2025

NEW ZEALAND Law and Practice Contributed by: David Weavers, Alex MacDuff, Matt Consedine and Verniel Virtucio, Russell McVeagh

Russell McVeagh has New Zealand’s leading private credit offering. The broader banking and finance team has seven partners and 27 other qualified lawyers, with virtually all sen - ior lawyers having worked for leading magic circle and/or US firms. No other team in the market has this depth of senior expertise. The team acts for both borrower and private credit lenders and has advised on some of the larg -

est transactions. The team is the go-to adviser for the growing non-bank lending market – in - cluding having assisted two of New Zealand’s largest private credit managers in establishing new funds – and regularly works with regional and global private equity sponsors on their New Zealand acquisitions (including related financ - ings) and private credit lenders.

Authors

David Weavers is a partner and co-leads Russell McVeagh’s private credit offering. He regularly acts for global and regional private equity sponsors and private credit lenders on

Alex MacDuff is a partner in Russell McVeagh’s restructuring and insolvency team with over 11 years’ experience in practice in New Zealand and the UK. He has experience advising in

their New Zealand transactions. David has completed all three levels of examinations for the Chartered Financial Analyst (CFA) programme. He has over 15 years’ experience leading complex event-driven financing transactions (including LBOs, acquisition finance, special situations and restructuring transactions) across the capital structure in Europe, Asia and the US, having been based for many years with leading US law firms in those markets before returning to New Zealand.

domestic and cross-border distressed situations across the capital structure, including advising borrowers, sponsors, banks and private credit platforms on restructurings, event-driven structuring and enforcement, and distressed refinancings. Alex also acts for insolvency practitioners in formal appointments, such as receiverships, voluntary administrations and liquidations.

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