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NEWS

Paul Hastings Advises TCW on Its $300 Million Transaction With Fidelity Bancorp Funding

November 10, 2025

Paul Hastings LLP advised TCW on its $300 million transaction with Fidelity Bancorp Funding, involving the purchase and financing of a diversified pool of first-lien real estate loans. This transaction represents the largest investment to-date for TCW’s ABF strategy. 

Asset-Backed Finance partner Matthew Nemeth led the Paul Hastings team, which also included ABF associate Graham Rotenberg, real estate partner Jason Stratmoen and associate Florence Noorinejad, and tax partner Daniel Nicholas.

More details on the transaction can be found here.

About Paul Hastings

With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.

Practice Areas

Asset-Backed Finance

Real Estate


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