Gianluca Fanti

Partner, Milan

Biography

Gianluca “is commended for being committed and finding solutions in complex situations”. Gianluca “has a commercial approach and is well liked by clients” and is “noted for his skills in securitization”.
Chambers & Partners Europe

Overview

Gianluca Fanti is an Italian qualified lawyer with almost 20 years of experience. He specializes in banking and structured finance transactions with a focus on securitization transactions, project bonds and distressed assets disposals and acquisitions. He also has extensive experience in banking matters, including general lending, real estate finance, acquisition and leveraged finance and debt restructuring. Gianluca assists arrangers, originators, issuers and credit enhancement providers on a broad range of securitization transactions including project bonds, RMBS, SMEs, consumer loans and leasing receivables securitizations. He also advices Italian and global investment banks, special opportunities funds and hedge funds on sale and acquisition of NPLs and distressed assets, distressed real estate projects and debt trading. Gianluca is also recognized as a highly regarded lawyer in Banking, Structured Finance and Securitisation and Real Estate Finance according to IFLR1000 2018. According to Chambers Global 2016, Gianluca "is commended for being committed and finding solutions in complex situations" and according to Chambers Europe 2015 he "has a commercial approach and is well liked by clients" and is "noted for his skills in securitisation". Gianluca has also been named "Banking Lawyer of the Year" in 2015 by LegalCommunity.

STRUCTURED FINANCE:

Gianluca assists arrangers, originators, issuers and credit enhancement providers on a broad range of securitization transactions including project bonds, RMBS, SMEs, consumer loans and leasing receivables securitizations.

NPLs AND SPECIAL OPPORTUNITIES:

Gianluca advices Italian and global investment banks, special opportunities funds and hedge funds on sale and acquisition of NPLs and distressed assets, distressed real estate projects and debt trading.

BANKING:

Gianluca has extensive experience in banking, acquisition and leveraged finance, investment grade financing and real estate finance deals and regularly advices financial sponsors, principal investors, lenders and borrowers in domestic and cross-border transactions.

CLIENTS:

Gianluca works with a diverse group of clients, including: Bank of America Merrill Lynch, Banca Monte dei Paschi di Siena, Citigroup, Credito Fondiario, Deutsche Bank, Glennmont Partners, Goldman Sachs, Gruppo Cassa di Risparmio di Asti, HSBC, Intesa Sanpaolo, Mediobanca, Morgan Stanley, Oakhill, Oaktree, The Royal Bank of Scotland, UBS Limited, UniCredit, UniCredit Leasing and York Capital Management.

Bars and Courts
Italian Bar
Education
JD
University of Parma

Italy

LLM
Banking & Financial Law
Boston University School of Law

MA, United States

Languages
English
Italian
Spanish

Experience

NPLs and special opportunities

Intesa Sanpaolo Group and UniCredit on the sale of a 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 USD350 million.

GWM on the acquisition of a €91 million sub- and non-performing loan receivables, 2018
Gianluca advised an investment fund managed by GWM in connection with the acquisition from FMS Wertmanagement of sub- and non-performing loan receivables having an aggregate gross book value of €91 million and arising from five real estate loans secured by Italian real estate assets and a UK factory outlet.

A primary financial institution on a€ 2.2 billion securitization of NPLs, UtP loans and leasing receivables, 2017
Gianluca advised a primary financial institution, as senior lender, in connection with the € 2.2 billion securitization of NPLs, UtP loans and leasing receivables, acquired by Atlante II Fund from Nuova Banche Marche S.p.A., Nuova Banca dell’Etruria S.p.A. and Nuova Cassa di Risparmio di Chieti S.p.A., following the opening of the resolution procedure (procedura di risoluzione) by the Bank of Italy.

doBank on a €17.7 billion NPLs portfolios securitization, 2017
Gianluca advised doBank S.p.A. in connection with the €17.7 billion securitization of three non-performing loan portfolios originally owned by UniCredit S.p.A.  

Banca IMI, Citibank and Deutsche Bank on two securitizations, 2016*
Gianluca advised Banca IMI, Citibank and Deutsche Bank, as arrangers and senior notes underwriters in connection with the securitization of (i) a €488 million portfolio of performing financial leasing and (ii) a €405 million portfolio of performing corporate loans of various nature, both originated by GE Capital Interbanca Group in relation to its acquisition by Banca IFIS S.p.A.

Securitizations

Glennmont Partners on a securitization of performing project finance loans, 2019
Gianluca advised Glennmont Partners, as equity investor, in connection with the securitization of performing project finance loans originated by Banca Popolare di Bari S.C.p.A. This transaction represents the first securitization in the renewable energy sector and included a €41.830.000 Floating Rate Senior Notes issuance and a €9.642.000 Floating Rate and Variable Return Junior Notes issuance.

Cassa di Risparmio di Asti, Cassa di Risparmio di Biella e Vercelli – Biverbanca and UniCredit Bank AG on a €1 billion securitization, 2019
Gianluca advised Cassa di Risparmio di Asti S.p.A. and Cassa di Risparmio di Biella e Vercelli – Biverbanca S.p.A., as originator and underwriter, and UniCredit Bank AG, as arranger, in connection with a multi-originator securitisation of residential fondiari mortgage loans and ipotecari mortgage loans granted by Cassa di Risparmio di Asti and Cassa di Risparmio di Biella e Vercelli – Biverbanca, with a total value of approximately €1 billion.

A primary investment bank on a €1.2 billion securitization, 2018
Gianluca advised a primary investment bank, as senior investor, in connection with the securitization of €1.2 billion portfolio of non-performing loans sold by Banca Carige S.p.A. to Credito Fondiario S.p.A.

Banca IMI on a €460 million securitization, 2017
Gianluca advised Banca IMI S.p.A. as arranger in connection with the securitization of a portfolio of receivables arising out of fondiari mortgage loans, ipotecari mortgage loans and unsecured loans originated by Farbanca S.p.A. for a total nominal value of €460 million.

*Prior joining White & Case

Awards and Recognition

Capital Markets: Securitization
Leading Lawyer (Band 3): Chambers & Partners Global/Europe 2019
Highly regarded: IFLR1000 2019 

Capital Markets: Debt
Recommended: The Legal 500 EMEA 2019

Banking
Highly regarded: IFLR1000 2019
Recommended: The Legal 500 EMEA 2019
Banking Lawyer of the Year: LegalCommunity 2015

Real estate finance
Highly regarded: IFLR1000 2019