Franz Ranero is a partner in the London office of Latham & Watkins.
Franz advises clients on a broad spectrum of complex structured capital markets and financing transactions.
He draws on extensive high-level experience in structured capital markets, finance, and products to guide clients through matters involving:
- Bespoke fund and asset-backed financing solutions, whether in capital markets, structured bank lending, or derivatives form
- Regulatory (including regulatory capital) driven structures
Franz is an established leader in the global collateralized loan obligation (CLO) market, having advised on a significant proportion of all European CLOs brought to market since the financial crisis. Franz also advises sponsors, asset managers, and financial institutions on the full range of credit, fund, and equity-linked products, repackaging platforms, and other derivatives and structured securities.
He regularly represents sponsors, asset managers, and financial institutions on leverage structures for direct lending, mid-market, and other private capital fund strategies, contributing to the development of key market participants’ product offerings in this space. He also guides major financial institutions in the establishment of secured funding platforms, facilitating the raising of credit and liquidity backed by diverse asset classes.
Franz is a pre-eminent adviser to the CLO market and is listed as a leading structured finance lawyer (Band 1) in Chambers, “Highly Regarded” in IFLR 1000, and a leading structured products and securitization lawyer appearing in the Legal 500 Hall of Fame.
Complementing his commercial work, Franz maintains a robust pro bono practice focused on social finance and impact investing, advising various wholesale participants, intermediaries, investors, and investee charities and social enterprises on products and market infrastructure. He also serves as a trustee and director of Access, a major UK social investment foundation, where he is Chair of its investment committee.
Before joining Latham, Franz practiced for 25 years (18 as a partner) at another international law firm.