Angel Torres represents private equity sponsors, private credit funds, institutional lenders, real estate investors and fund sponsors in complex financings, structured capital transactions and other strategic financing matters. His practice focuses on acquisition financings, real estate finance, fund finance, private credit investments, preferred equity transactions, holdco financings, asset-based lending facilities and bespoke capital solutions across the private capital markets. 

He advises clients on all aspects of capital structure design, including senior debt, unitranche facilities, preferred equity, mezzanine investments, NAV facilities, subscription facilities, intercreditor arrangements and complex multi-layered financing structure. He regularly works at the intersection of sponsor finance, real estate finance and fund finance, helping clients structure and execute transactions involving multiple layers of debt and equity across portfolio, fund and asset-level platforms.

Clients value Angel's practical and hands-on approach to structuring and executing sophisticated transactions. He regularly advises on joint venture financings, preferred equity investments, holdco and structurally subordinated debt arrangements, intercreditor relationships, covenant design, distressed investments and special situations. His experience spans private equity, private credit, real estate, healthcare, energy, infrastructure, logistics and other asset-intensive industries.

Representative Experience

• Advised private equity sponsors, credit funds and real estate investors in the structuring and negotiation of complex capital stacks involving senior debt, preferred equity, fund-level leverage and other structured capital solutions. 
• Represented an international private equity sponsor in the acquisition and related financing involving a $1.3 billion unitranche facility provided by a consortium of private credit lenders. 
• Represented a leading real estate investment manager in connection with the acquisition and financing of healthcare infrastructure and medical outpatient property portfolios. 
• Represented a major real estate sponsor in the refinancing of an approximately $800 million fund-level revolving credit facility. 
• Represented investment managers and private equity sponsors in the negotiation and implementation of subscription facilities, NAV facilities and other fund-level leverage arrangements supporting private equity, real estate and infrastructure investment platforms.  
• Represented lenders and developers in complex construction and development financings involving large-scale residential, mixed-use, multifamily and hospitality projects, including completion guaranties, preferred equity structures and multifaceted capital stacks. 
• Represented banking institution in a dual-tranche financing consisting of an asset-based revolving credit facility and a structurally subordinated holdco term loan financing. 
• Represented energy sponsors in connection with reserve-based lending and oil and gas acquisition financing transactions, including borrowing base facilities and commodity hedging arrangements. 
• Represented publicly traded companies and institutional investors in recapitalizations, liability management transactions and syndicated credit facilities, including a $3.9 billion syndicated repricing transaction. 
• Advised financial institutions, sponsors and portfolio companies on distressed debt transactions, debtor-in-possession financings, exit financings and out-of-court restructuring solutions.