Dalal, Kamal

Kamal Dalal

Associate

kamal.dalal@lw.com
    Dalal, Kamal

    Kamal Dalal

    Associate

    kamal.dalal@lw.com

    Profile

    Kamal Dalal advises clients on a range of structured finance transactions with a focus on digital infrastructure and emerging assets.

    Kamal guides banks and private credit providers — including asset managers, fintechs, pension funds, and insurers — as well as originators and sponsors on:

    • Traditional and synthetic securitization
    • Credit solutions
    • Repacks
    • Trade financings
    • Private credit partnerships

    She works across a range of asset classes, including data centers, GPUs, lease receivables, corporate, SME and sovereign loans, mortgages, and esoteric assets.

    Kamal also has experience in advising clients on regulatory matters, including ESG considerations, and regularly contributes to industry publications and conferences.

    Experience

    Kamal’s representative experience includes advising:

    • Barclays and SMBC as underwriters of the first-ever public securitization of data centers in EMEA, sponsored by Vantage Data Centers (named Overall Securitization Deal of the Year at GC’s European Securitization Awards 2025)
    • Lenders, structuring advisors, and arrangers of various private data center financings and securitizations in EMEA, including multijurisdictional portfolios of data center assets at various stages of development
    • Initial purchasers, placement agents, and arrangers of US data center securitization transactions on matters of English law
    • Cogent Communications on its inaugural securitization of IPv4 address receivables on matters of English law
    • Asset managers, investors, and insurance providers of synthetic securitization and capital relief trades in respect of portfolios of loans across several geographies
    • Arrangers and initial purchasers in establishing Reg S / Rule 144A structured note programs and issuances of repackaged notes
    • Structuring advisors and investors of financings of GPU assets
    • Lenders and arrangers of bespoke receivables financing and inventory trading solutions
    • Barclays Partner Finance as original lender, servicer, and seller in relation to the securitization of a portfolio of point-of-sale consumer credit loans involving significant risk transfer
    • UK SME lending platforms in connection with their accreditation under the UK’s Coronavirus Business Interruption Loan Scheme (CBILS) and Recovery Loan Scheme (RLS) and the implementation of associated funding programs
    • A US asset manager in structuring and investing in the securitization of a portfolio of Spanish SME loans backed by the Pan-European Guarantee Fund in response to the COVID-19 pandemic

    Thought Leadership

    • “US SRT structures require cross-practice and cross-geography legal expertise” Journal of International Banking and Financial Law (May 2024)

    • “Chambers Securitisation 2023 – UK”
    • “Don’t forget about the NSIA: potential implications for securitisations” Journal of International Banking and Financial Law (June 2022)
    • “Chambers Securitisation 2021 – UK” Latham & Watkins Article (February 2021)
    • “A Move Towards a New STS Framework for Synthetic Securitisations” Latham & Watkins Client Alert (May 2020)

    Qualifications

    Bar Qualification

    • England and Wales (Solicitor)

    Education

    • LPC, The University of Law, 2013
    • MPhil in International Relations, University of Cambridge, 2012
    • GDL, The University of Law, 2011
    • BA in Philosophy, Politics and Economics, Oxford University, 2010

    Languages Spoken

    • English

    Practices

    Recognition

    News & Insights

    Germany, Hesse, Frankfurt, European Central Bank, detail of glass façade
    June 24, 2024 Article

    In Practice: US SRT Structures Require Cross-Practice and Cross-Geography Legal Expertise

    As the US “significant risk transfer” market catches up to its European equivalent, cross-practice legal teams are playing an important role in ensuring compliance with regulatory requirements for both banks and investors. Originally published in the June 2024 edition of Butterworths Journal of International Banking and Financial Law.
    Read More