Umaang Trivedi advises on securitization transactions across various asset classes such as residential mortgages, trade receivables, auto loans, non-performing loans, secured consumer credit, and unsecured consumer loans.

Umaang also has experience on a wide range of structured finance transactions in India, including cross-border financings, secondary debt trades, securitizations, and restructurings.

Umaang’s recent experience includes advising:

  • An investment management firm in relation to:
    • Multiple refinancings of public securitizations backed by UK, Irish, and Spanish mortgage-backed loans, including the following:
      • Curzon Mortgages No. 2 plc
      • Bridgegate Funding plc
      • Foyt Finance DAC
      • Ronda RMBS DAC
    • Acquisition of multiple portfolios, including the following:
      • AUD22bn RAMS mortgage loans of Westpac
      • £3.8bn unsecured consumer loans originated by a UK-based financial institution*
      • Multiple large UK RMBS portfolios from various banking institutions*
      • Multiple large Spanish RMBS portfolios from various Spanish banks
    • Bids for acquisition of various portfolios and/or securities in public securitizations backed by residential mortgages, auto loans, non-performing loans, secured consumer credit, and unsecured consumer loans
  • The arranger and lead manager on structuring and documentation of various public residential mortgage-backed securitization transactions consisting of mortgage assets situated in England and Wales, Northern Ireland, Scotland, and Ireland, such as securitization transactions of:
    • Ripon Mortgages plc
    • Stratford Finance No. 3 PLC
    • Stratford Finance No. 4 PLC
    • Kentmere No. 3 PLC
    • Kentmere No. 4 PLC
    • Harbour No. 2 PLC
    • Jamestown Residential 2024-1 DAC
    • Summerhill Residential 2024-1 DAC
    • Roundstone Securities No. 2 DAC*
  • African Frontier Capital (Mauritius) LLC on a US$30 million solar receivables securitization in Tanzania*
  • Corestate Capital Holding S.A, an investment manager and co-investor with assets under management in the order of €13.2 billion in its core business, on English law aspects of its successful restructuring*
  • A global alternative investment management firm on a €252.5 million structured securitization transaction consisting of origination of Spanish SME loans backed by a guarantee of the European Investment Fund*
  • A UK-based financial institution on its circa £1 billion lending to private warehouse transactions backed by auto loans originated by a multinational financial institution and its joint venture group companies*

*Matter handled prior to joining Latham

Bar Qualification

  • England and Wales (Solicitor)
  • India (Advocate)

Education

  • BLS & LLB, SVKM’s Pravin Gandhi College of Law’, 2017

Practices