Image of David Irvine

David Irvine

Partner, Co-Head of Leveraged Finance, London

“I focus on acting for financial sponsors and credit funds on their most complex and challenging financing transactions.”


Professional experience

Education and qualifications


A market leader in finance, David Irvine brings years of experience and extensive knowledge to private equity sponsors and private credit funds in major cross-border leveraged and acquisition financing transactions. David also advises on recaps, minority back-leverage, special situations financings, margin loans, fund level financings and restructurings.

In 2020, David was named a “Band 1” lawyer in Banking & Finance: Leveraged & Acquisition Finance by Chambers Asia-Pacific and a “Market Leader” in Banking & Finance by IFLR1000. He was also named a “Leading Individual” in Banking & Finance by Legal 500 Asia Pacific 2019 & 2020 and one of the “Asia Best Lawyers 2020” by IFLR. He has been based in London since late 2020.

Work highlights
  • Hillhouse Capital Management on the EUR, TLB and SSN leveraged financing for the US$3.7 billion acquisition of the Philips Domestic Appliances business
  • a consortium comprising Hillhouse Capital Management, HOPU Investment Management, Global Logistic Properties Limited (GLP) founder Ming Mei’s SMG, Bank of China Group Investment and China Vanke Co or their affiliated entities in its US$11.6 billion acquisition of GLP
  • Carlyle
    on the leveraged financing for its acquisition of VXI Global Solutions

    the Carlyle Group, CITIC Limited and CITIC Capital Holdings in the US$2.08 billion acquisition of the McDonald’s operations in China and Hong Kong
  • KKR
    on the leveraged financing for the acquisition of the NVC Lighting business

    on the leveraged financing for the investment by KKR and GIC in Metro Pacific Hospitals

    on the financing for its investment in Housing Development Finance Corporation Ltd
  • Blackstone Capital Partners 
    on the leveraged financing for the acquisition of a controlling stake in Essel Propak

    on the leveraged financing for its acquisition of at least 84% of Hewlett Packard Enterprise’s stake in Mphasis, an India based outsourcing firm listed on the Bombay Stock Exchange, in a deal valued at up to US$1.1 billion
  • Baring Private Equity Asia
    on the leveraged financing for the acquisition of a controlling stake in NIIT Technologies, a company listed on the NSE and BSE in India

    on the US$750 million first and second lien term loan B leveraged facilities for its acquisition of Vistra and the bolt-on of Orangefield

Professional experience

  • Linklaters - Partner, Banking - Present
  • Kirkland and Ellis - Partner, Hong Kong – 2015 - 2020
  • Linklaters - Partner, Banking, Hong Kong - 2008 - 2015
  • Linklaters - Managing Associate, Banking, London, 2005 - 2008 (including six months on secondment to the European Leveraged Finance team at JPMorgan)
  • Linklaters - Associate, Banking, London, 2001 - 2005 (including nine months on secondment to the Global Corporate and Investment Banking Division of Bank of America)
  • Bell, Dewar & Hall - Professional Assistant, South Africa, 2000 - 2001

Education and qualifications

University of Natal, South Africa, LL.B., 1997

University of Natal, South Africa, B.Soc.Sci., Political Science, 1993

University of Natal, South Africa B.Soc.Sci., 1992