Karine Imbrosciano co-heads the Derivatives & Structured Products group in London. Specialised in OTC derivatives products, she has in-depth knowledge of French and English law legal structuring and advisory support on a broad range of derivatives and structured products across various asset classes (Fixed Income, Credit, Funds, Equity). Karine has strong expertise in credit derivatives (CDO, CPPI, CPDO, CFXO) and in hedging of structured finance transactions (covered bonds, securitisation, project finance), with a focus on the negotiation of swaps complying with rating agency criteria. She also has significant experience in setting up and restructuring French structured funds. Karine also regularly advises clients on regulatory derivatives matters.
Having graduated from HEC Business school, Karine joined Gide in Paris in 2005 and the London office two years later. Leveraging her dual qualification and experience as a French Avocat à la Cour and English solicitor, Karine shares her time between London and Paris, working closely with Gide's finance teams in both offices. She has benefited from a secondment to the corporate solutions group of a French bank in Paris and from a one year secondment to a leading US investment bank in London in its structured products and derivatives teams.
Recommended by Legal 500 since 2015, Karine Imbrosciano is listed as Leading Individual in Derivatives in Legal 500 UK 2018 and as Leading Lawyer in Derivatives in IFLR1000 2018 & 2019.
« Gide Loyrette Nouel LLP's derivatives and structured products practice sits in both the London and Paris offices, with partners in each collaborating closely on plan vanilla derivatives transactions, repos, securities lending, structured credit derivatives, structured notes and ABS transactions. Its work encompasses hedging advice for securitisations, covered bonds, corporate and asset financing, real estate financing and project finance. It also handles regulatory, netting and collateralisation matters for investment banks, corporates, local authorities and national and international industry bodies. OTC derivatives and structured products specialist Karine Imbrosciano leads the practice and is dual-qualified in both English and French law. In 2017, she advised Société Générale and Natixis on the hedging of the interest rate risk in relation to the refinancing of a €350m portfolio of four hotels managed by Hyatt and owned by the Constellation group. She also acted for Aéroports de Paris Management, Bouygues Bâtiment International, Colas and Meridiam Africa on interest rate hedging in relation to the financing of the Ivato and Nosy Be airports concession in Madagascar. »
Legal 500 UK 2018
« Gide Loyrette Nouel A.A.R.P.I. combines ‘a high level of business acumen’ with ‘quick response times’, ‘direct access to partners’ and ‘stable teams’. The team’s strengths lie in derivatives and structured products, flanked by regulatory expertise, but the group also advises on securitisations and has expertise across all asset classes, as well as in repurchasing transactions and securities lending mandates. Paris-based Arnaud Duhamel and counsel Laurent Vincent, and London-based Karine Imbrosciano, who is ‘very client-focused’, jointly head the practice. Duhamel’s skillset in structured products and strategic equity derivatives is noted, along with his strong regional focus on sub-Saharan Africa and other emerging markets. »
Legal 500 EMEA 2018
« The derivatives practice is ‘extremely good, including when it comes down to tight deadlines and execution of complex transactions’; key contacts include ‘dealmaker’ Arnaud Duhamel, who ‘manages to close highly strategic transactions thanks to his very fine risk analysis’, and London-based Karine Imbrosciano, who is ‘definitely one of the leaders in French derivatives’. »
Legal 500 EMEA 2017
« Gide Loyrette Nouel LLP is known for providing ‘good, reliable service from an accessible and proactive team’ led by the ‘very client-focused’ Karine Imbrosciano. Imbrosciano advised an investment bank on a €1.2bn equity derivatives structure for shares in a French company. Dimitrios Logizidis is also recommended. »
Legal 500 EMEA 2017
« The firm is also active in the derivatives field, wherein Arnaud Duhamel and Karine Imbrosciano are the key contacts. »
Legal 500 EMEA 2016