Kym Jesse

Special counsel | London

Kym is special counsel in the corporate team.

She joined the firm from JAG Shaw Baker when they merged with Withers to create a new legal offering, Withers tech, in 2018.

Kym is an experienced banking and finance lawyer, with an extensive background acting for corporate borrowers and commercial lenders, private equity investors and venture funds across a range of secured and unsecured debt finance and corporate transactions.

She has an interest in venture debt, acquisition finance and private equity funding transactions, both within the UK and cross-border.

Prior to joining JAG Shaw Baker, Kym was a senior associate in DLA’s leveraged finance team in London and before that in the leveraged finance team of Allen & Overy in London. She trained with Squire Patton Boggs. She has a strong track record of leading and managing venture debt transactions, advising on the borrower side and offering practical commercial advice to venture-backed companies considering venture debt to either complement their existing equity financing or as a real alternative to further equity dilution.

Track record

Admissions

Talks

Represented numerous technology companies in connection with venture debt financings funded by Silicon Valley Bank, Columbia Lake Partners, Kreos Capital, Harbert and Triplepoint Capital.

Advised number of early stage technology focused borrowers on security packages which frequently involved consideration of complicated issues over lender control of revenue streams, management of receivables, online payment collection and cash sweep mechanics.

Advised SoundCLoud on $40m syndicated venture debt financing which involved a significant and complex cross border security package in UK, Germany and USA.

England and Wales, 2001

“An Introduction to Venture Debt with JAG Shaw Baker” workshop and presentation by Kym Jesse and Tina Baker at Rocketspace Events on 7th August 2018

Me in a minute

I really enjoy representing early stage venture backed businesses in the tech and fin tech spheres

I specialise in banking and finance law, with a passion for venture debt finance and UK and cross border acquisition finance, although I am fortunate to have worked on a variety of different types of finance transactions during my career, including investor funding, receivables financing, securitisation and trade finance which has given me a real variety of experience.

I have represented and advised institutional lenders, private investors, venture capitalists and corporate borrowers across a breadth of industries, including life sciences, clean tech, digital tech, health and leisure. I really enjoy representing early stage venture backed businesses in the tech and fin tech spheres entering into venture debt transactions, helping them to explore alternative ways to finance growth for their startups alongside traditional equity funding. This frequently involves structuring and negotiating appropriate and unrestrictive security packages for these types of businesses where their major asset porfolios is often limited to cash receivables and developing intellectual property and having to reconcile cash flow mitigations, working capital requirements, receivables and cash flow financing with lender collateral expectations. In my view, this type of financing and the enforced in depth understanding of the client’s business and business model required when acting borrower side, gives me a real opportunity to get to know my client and their business.

I am able to deliver a high standard and versatility in drafting banking agreements, having frequently advised on a variety of corporate, institutional, private and venture lending and borrowing and preparing and/or negotiating both bespoke and conventional documents to implement these arrangements.

It is often a challenge to simplify a very technical area of law and to find a way round institutional red tape and legal restrictions facing a lender to ensure we achieve a commercially workakable deal for a borrower, but I love working through these challenges! With the benefit of both lender and borrower representative experience, I am able to give experienced and practical advice on the best commercial position for the borrower together with honest advice on what is achievable in reality.

Education


Languages


  • English

London

20 Old Bailey,

London,

EC4M 7AN

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