Leading Associates

Capital markets: equity offerings in United States

Arnold & Porter

The Arnold & Porter capital markets practice regularly advises on a broad range of equity offerings including initial public offerings, private placements and secondary offerings. The team is also well regarded for its work for sovereigns, state-owned companies and international financial institutions on sovereign bond issuances, liability management transactions, derivatives operations and refinancings. The practice is co-led by New York-based Michael Penney and Christopher Peterson. Johnson advises clients on securities transactions and compliance matters, Penney is noted for his corporate expertise. Teresa Johnson  departed the firm in February 2026.

Responsables de la pratique:

Michael Penney; Christopher Peterson


Principaux clients

Republic of Türkiye


Republic of Hungary


Republic of Colombia


Republic of Panama


Adobe Inc.


Republic of El Salvado


Federative Republic of Brazil


Central Bank of Brazil


Brazilian National Treasury


Republic of Honduras


Enovix Corporation


Complete Solaria, Inc.


State of Israel


CuriosityStream Inc.


Principaux dossiers


  • Advised The Republic of Turkey on completing nine offerings.
  • Represented the Republic of Hungary in U.S. dollar debt issuances, including three recent offerings.
  • Advised the Republic of Colombia on global finance matters, including two first issuances of social bonds in international capital markets.

Baker Botts L.L.P.

Baker Botts L.L.P. is highly regarded by both issuers and underwriters in the energy sector, with particular strengths in IPOs, MLPs, structured equity products and M&A-related transactions. The practice is jointly led by Dallas-based Samantha Hale Crispin and Houston-based Doug Getten. Getten regularly advises public companies on corporate governance, securities law disclosure and compliance matters including Section 16 reporting obligations. Hale Crispin is a seasoned M&A practitioner who counsels corporate clients across a broad range of capital markets transactions. Evan Koster concentrates on sovereign finance and also represents financial institutions and corporate borrowers in emerging markets.

Responsables de la pratique:

Samantha Hale Crispin; Doug Getten


Autres avocats clés:

Evan Koster


Les références

‘Detail oriented and very professional. They quickly respond to questions and anticipate issues before they become problems.’

Principaux clients

Arcosa, Inc.


Atlas Credit Partners, LLC


BKV Corporation


BMO Capital Markets Corp


BofA Securities, Inc.


CenterPoint Energy, Inc.


Citigroup Global Markets, Inc.


Citroniq Chemicals LLC


Clearway Energy Operating LLC


Consensys Software Inc.


Coterra Energy Inc.


Crestwood Equity Partners LP


CVR Energy, Inc.


Diamond Generating Corporation


DZS, Inc.


Electrum Group


EnLink Midstream, LLC


Goldman, Sachs & Co.


Gulfport Energy Corporation


H-E-B, LP


Helix Energy Solutions Group, Inc.


J.P. Morgan Securities LLC


Liberty Media Corporation


Martin Midstream Partners L.P.


Matador Resources Company


Navigator Holdings Ltd.


NRG Energy, Inc.


Raymond James & Associates, Inc.


RBC Capital Markets, LLC


Saturn Oil & Gas Inc.


Seadrill Limited


Seaport Global Securities LLC


Stifel, Nicolaus & Company, Inc.


Summit Midstream Partners, LP


Sunnova Energy Corporation


Waste Management, Inc.


Wells Fargo Securities LLC


Westlake Corporation


Principaux dossiers


  • Represented CenterPoint Energy, Inc. in a $920 million Forward Block Sale. Although the proceeds were used for the immediate repayment of debt, the transaction supported CenterPoint’s announced increase of approximately $4 billion to its previously announced ten-year capital plan.
  • Represented Diamond Generating Corporation, an affiliate of Mitsubishi, in its portfolio company, Nexamp’s $520 Million equity raise led by Generate Capital and Diamond.
  • Represents Consensys Software Inc as lead investor in SharpLink Gaming Inc’s $425 Million PIPE.

Baker McKenzie

The Baker McKenzie capital markets practice combines a broad and diversified securities regulation, corporate governance and capital markets platform with deep corporate law experience. The team advises US public companies and foreign issuers frequently on cross-border matters, and is active across private placements, IPOs and follow-on equity offerings. The practice is led by New York-based Mark Mandel, who is particularly noted for his work on M&A-related transactions. Cyerra McGowan joined the firm in June 2025 from Latham & Watkins, bringing a wealth of knowledge in public and private offerings. Christopher Lapp departed the firm in May 2025.

Responsables de la pratique:

Mark Mandel


Autres avocats clés:

Cyerra McGowan


Principaux dossiers


  • Represented The Republic of Peru in both a Peruvian Soles-Denominated Sovereign Bond Offering and a Registered U.S. Dollar-Denominated Bond Offering, both offerings totaling approximately USD 5.8 billion. Also represented in related exchange offers and cash tender offers for several series of outstanding bonds.
  • Advised Oncor Electric Delivery Company LLC on its $1.8 billion bond offering.
  • Represented Berkshire Hathaway Inc. in issuances of $2.0 billion of debt securities in registered public offerings.

Bracewell LLP

The Bracewell LLP capital markets practice represents issuers and underwriters across a broad spectrum of public offerings, private placements, equity financings and complex securities transactions. The group is led from Houston by Troy Harder, who is recognised for his strength in corporate finance transactions. Shannon Baldwin focuses on mergers and acquisitions, joint ventures and MLP dropdown transactions. Stephen McNamara is noted for his work on SEC-registered offerings, Rule 144A issuances, private placements and tax-exempt financings. Catherine Hood retired from the firm in October 2025.

Responsables de la pratique:

Troy Harder


Principaux clients

Kinder Morgan, Inc.


APA Corporation


EOG Resources, Inc.


DTE Energy Company


Spire Missouri Inc.


Evergy, Inc.


DTE Gas Company Bonds


Tucson Electric Power Company


DTE Energy Company


Chesapeake Utilities Corporation


Spire, Inc.


Darden Restaurants, Inc.


Principaux dossiers


  • Represented Kinder Morgan, Inc in the issuance of its $1.1 billion 5.150% Senior Notes due 2030, and $750 million 5.850% Senior Notes due 2035.
  • Represented APA Corporation in its recent offers to exchange certain outstanding debt securities of Apache Corporation, its wholly owned subsidiary, for new senior notes issued by APA. Also to purchase for cash up to $1 billion of such outstanding debt securities.
  • Advised the underwriters in EOG Resources, Inc’s issuance of $1 billion of 5.650% Senior Notes due 2054.

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton brings a wealth of knowledge across the full spectrum of capital markets transactions, with the New York-based team particularly noted for its experience in international IPOs, SPAC-related matters and broader cross-border offerings. Jeffrey Karpf represents issuers, sponsors and investment banks in IPOs and other public and private offerings of equity, debt and convertible securities. David Lopez focuses on liability management matters including issuer self-tenders, exchange offers, consent solicitations and open market repurchase strategies. Craig Brod is recognized for his work on SEC reporting and crisis management situations, while Adam Fleisher regularly advises alternative asset managers on succession planning, governance, firm restructurings and private placements. Adam Brenneman departed the firm in May 2025, Ilir Mujalovic and Harald Halbhuber joined the team in February 2026 from A&O Shearman.

Autres avocats clés:

Jeffrey Karpf; David Lopez; Craig Brod; Adam Fleisher; Ilir Mujalovic; Harald Halbhuber


Les références

‘The capital markets team at Cleary is very knowledgeable with broad experience. Anything that comes up, they’ve seen and handled before. In that regard, they are very proactive in providing advice and identifying potential issues. More importantly, they are always available.’

‘The team is always staffed appropriately, with the proper skill sets. They are very responsive, even anticipatorily, of client needs.’

Principaux clients

Lennar Corporation


Sony


Titan America


Arthur J. Gallagher & Co.


Citigroup Inc.


Corebridge Financial, Inc.


Elbit Systems Ltd.


Consolidated Edison, Inc.


BBB Foods Inc.


LATAM Airlines Group S.A.


Bank of New York Mellon Corporation


Sotera Health Company


Aspen Insurance Holdings Limited


Citizens Financial Group


Edison International


White Mountains


Principaux dossiers


  • Advised Lennar Corporation on the taxable spin-off of Millrose Properties Inc., completed through the distribution of approximately 80% of Millrose’s outstanding shares to Lennar’s stockholders.
     
  • Advised Sony Group Corporation in its spin-off of Sony Financial Group, through a distribution of over 80% of Sony FG’s total outstanding shares to Sony’s stockholders.
  • Advised Titan America SA and its parent company and sole shareholder, Titan Cement International SA, on Titan America’s $384 million initial public offering.

Clifford Chance

The Clifford Chance capital markets practice advises fund sponsors and underwriters on equity transactions, with recognised experience with the launch of US closed-end funds. The New York-based team is jointly led by Andrew Epstein and Jonathan Zonis. Zonis focuses on cross-border equity offerings, while Epstein brings multi-sector experience spanning finance, asset management, real estate, hospitality and healthcare. Mariana Estévez advises financial institutions on innovative financing structures, including securitisations and bank-bond structures, for energy and infrastructure projects across Latin America. Jake Farquharson represents sponsors, issuers and investment banks in public and private capital raises. Om Pandya joined the firm from Latham & Watkins, and Jason Parsont departed in September 2024.

Responsables de la pratique:

Andrew Epstein; Jonathan Zonis


Autres avocats clés:

Mariana Estévez; Jake Farquharson; Om Pandya


Principaux dossiers


Cooley LLP

The Cooley LLP capital markets practice advises issuers and underwriters across the full spectrum of equity offerings. The group, which is jointly led by Charlie Kim and David Peinsipp, brings particular strength with initial public offerings in the technology, healthcare and life sciences sectors. In San Francisco, Peinsipp excels in a broad range of sophisticated securities offerings including direct listings, follow-on offerings, Rule 144A transactions and private investments in public equity. In San Diego, Kim is a leading advisor on equity and debt issuances, with a strong focus on technology and consumer sector companies. In the New York office, Div Gupta is regularly retained by investment banks across industries and is well regarded for his work on initial public offerings of common stock. Fellow New York IPO specialist Richard Segal is highly active across the technology, consumer and retail sectors. In Chicago, Christina Roupas counsels public companies on disclosure obligations, corporate governance and compliance matters. Partner Jonie Kondracki departed the firm in October 2025.

Responsables de la pratique:

Charlie Kim; David Peinsipp


Autres avocats clés:

Div Gupta; Christina Roupas; Courtney Tygesson; Richard Segal


Les références

‘Excellent team with huge experience in capital markets and great SEC recognition. Each partner works well with each other for a seamless process.’

‘Div Gupta is a great coordinator for the client. Very mature, open to solutions, fast to execute.’

‘We love working with Cooley. They are able to support us in solving the most complex of issues while simultaneously understanding the start-up pace at which we operate. The entire team is easy to work with, has deep subject matter expertise, and enables commercial problem solving.’

Principaux clients

Navan


J.P. Morgan Securities


LB Pharmaceuticals


MapLight Therapeutics


Beta Bionics


Evommune


Ambiq Micro


BofA Securities


J.P. Morgan Securities


J.P. Morgan Securities


Aardvark Therapeutics


Morgan Stanley & Co.


AIRO Group Holdings


NVIDIA Corporation


Leerink Partners


BofA Securities


Immunovant


Goldman Sachs & Co


Si-Time Corporation


Janux Therapeutics


Principaux dossiers


  • Advised Navan on its $923 million IPO of Class A common stock. Navan offered 30,000,000 shares, and certain selling stockholders offered 6,924,406 shares, priced at $25 per share.
  • Advised the underwriters on Stubhub’s $800 million IPO of 34,042,553 shares of Class A common stock priced at $23.50 per share.
  • Advised Beta Bionics on its $234.6 million IPO of 13,800,000 shares of common stock at a public offering price of $17.00 per share.

Cravath, Swaine & Moore LLP

The Cravath, Swaine & Moore LLP equity capital markets practice advises issuers and underwriters across the full range of equity offerings including initial public offerings, secondary offerings, equity-linked transactions and related derivatives matters. The New York-based practice is led by Craig Arcella and Andrew Pitts. Arcella focuses on IPOs, liability management transactions, as well as investment-grade and convertible bond offerings. Corporate finance specialist Pitts is particularly noted for his work on convertible and other equity-linked securities transactions. William Fogg retired in March 2026.

Responsables de la pratique:

Craig Arcella; Andrew Pitts


Principaux clients

ADT


Alliance Laundry


Amentum


American National Group


PG&E


Principaux dossiers


  • Represented Alliance Laundry Holdings Inc in connection with its $950.29 million initial public offering of common stock.
  • Represented the underwriters in the $571.9 million initial public offering of common stock of Smithfield Foods.
  • Represented the underwriters in the $683.6 million common stock offering of Galaxy Digital, its first underwritten public offering as a Nasdaq-listed company, and the initial purchasers in connection with the $1.3billion upsized Rule 144A offering of exchangeable senior notes of Galaxy Digital.

Davis Polk & Wardwell LLP

Davis Polk & Wardwell LLP brings extensive experience to capital markets matters, representing a broad base of domestic and international issuers and underwriters across a wide range of equity offerings. The firm is highly active on leveraged finance and equity capital markets transactions including high-value IPOs and follow-on offerings, with particular strength in the technology and healthcare sectors. The practice is led by Maurice Blanco, Michael Kaplan, John Meade and Richard Truesdell. Kaplan excels in transactions across the technology, telecommunications and basic industry sectors, while Truesdell advises on related corporate governance and securities regulation matters. Meade brings experience to secondary equity offerings, split-off exchanges and complex structural transactions. In Northern California, Alan Denenberg is noted for his work on equity and debt financings across the technology, healthcare, telecommunications, retail and transportation sectors. Derek Dostal is particularly active in the SPAC space, while Byron Rooney advises on IPOs, direct listings and private placements. Roshni Banker Cariello is recognized for her work on investment-grade, high-yield and convertible debt financings, as well as liability management transactions.

Responsables de la pratique:

Maurice Blanco; Michael Kaplan; John B. Meade; Richard Truesdell


Autres avocats clés:

Alan Denenberg; Derek Dostal; Byron Rooney; Roshni Banker Cariello


Principaux clients

Allegro MicroSystems, Inc.


Amer Sports


Bausch + Lomb Corporation


Circle Internet Group, Inc.


Datadog, Inc.


Etsy, Inc.


Galaxy Digital, Inc.


Galderma


Grayscale Investments, LLC


IREN Limited


Nayax Ltd.


Nu Holdings Ltd.


PPL Corporation


Slide Insurance Holdings, Inc.


TPG Inc.


Venture Global LNG, Inc.


XP Inc.


Principaux dossiers


  • Advised Venture Global, Inc on its SEC-registered initial public offering of 70,000,000 shares of Class A common stock for total gross proceeds of $1.75 billion. The underwriters have an option to purchase up to an additional 10,500,000 shares of Class A common stock.
  • Advised Circle Internet Group, Inc on its SEC-registered public offering of 11,500,000 shares of Class A common stock for total gross proceeds of $1.5 billion, of which 3,500,000 shares were issued and sold by the company and 8,000,000 shares were sold by the selling stockholders.
  • Advised the representatives of the several underwriters on The Boeing Company’s SEC-registered offerings totaling $24.25 billion, consisting of (i) 129,375,000 common shares ($18.5 billion) and (ii) 115,000,000 depositary shares ($5.75 billion), including the underwriters’ full exercise of their options to purchase an additional 16,875,000 common shares and 15,000,000 depositary shares.

Debevoise & Plimpton LLP

The Debevoise & Plimpton LLP capital markets practice advises on SPAC and PIPE transactions, financings, capital raises and exit transactions. The team often represents clients on offerings exempt from SEC registration under Rule 144A and Regulation S, as well as spin-offs, debt tender offers, restructurings and connected M&A transactions. The New York-based group is co-led by Paul Rodel and Steven Slutzky. Rodel advises on initial public offerings, secondary and follow-on offerings, private placements and debt offerings, while Slutzky is particularly noted for his work on high-yield debt offerings, tender offers and consent solicitations. Matthew Kaplan counsels public and private companies on disclosure, corporate governance and financing matters. Peter Loughran regularly advises on US and international securities offerings.

Responsables de la pratique:

Paul Rodel; Steven Slutzky


Autres avocats clés:

Matthew Kaplan; Peter Loughran


Principaux clients

Access Industries


Alaska Air Group


American Airlines


American International Group, Inc.


Antares Holdings


Atkore, Inc.


Barclays


Booz Allen Hamilton


Brand Industrial Services


Citigroup


Clayton, Dubilier & Rice


Corebridge Financial, Inc.


Cornerstone Building Brands


Deutsche Bank AG


Elliott Investment Management, L.P.


Focus Financial Partners


Fortitude Group Holdings, LLC


Goldman Sachs


Hawaiian Airlines


J.P. Morgan Securities


LABL, Inc.


Morgan Stanley


Motor Fuel Group


Pacific Life Insurance Company


PetSafe Brands


Principal Financial Group


Radio Systems Corporation


RBC Capital Markets


S&S Activewear


Shearer’s Foods


TD Securities


The TCW Group, Inc.


TowerBrook Capital


Veritiv Operating Company


Voya Financial


Warner Bros. Discovery, Inc.


Wells Fargo Securities


Westpac Banking Corporation


Wilsonart LLC


Windstream Services


Wm Morrisons Supermarkets Limited


Wolseley Group


Principaux dossiers


  • Advising Access Industries, a significant shareholder in Calpine Corporation, in Calpine’s $26.6 billion sale to Constellation.
  • Advising Corebridge Financial, Inc in American International Group’s $3.4 billion sale of Corebridge common stock to Nippon Life Insurance Company.
  • Advising Warner Bros. Discovery in its review of strategic alternatives to maximize shareholder value, as the Company continues to advance its previously announced separation of Warner Bros and Discovery Global.

Dechert

Leveraging its cross-border platform across the US, Europe and Asia, the Dechert capital markets group is well placed to advise on the full spectrum of public and private debt, equity, equity-linked and other securities offerings. The team is led by Boston-based Thomas Friedmann, Philadelphia-based Stephen M Leitzell, and Washington DC-based Harry Pangas. Pangas is recognised for his strength in negotiating, executing mergers, joint ventures and strategic transactions. Friedmann regularly advises alternative asset managers in their efforts to access permanent capital through Business Development Companies, closed-end funds and other vehicles. Leitzell advises on securities offerings, financings and public company governance matters. Rafe Khokhar departed in April 2025.

Responsables de la pratique:

Thomas Friedmann; Stephen Leitzell; Harry Pangas


Principaux clients

Aquestive Therapeutics


B&G Foods


Bain Capital Specialty Finance


BC Partners


BioAtla


Blackstone


Business Development Company of America


Diffusion Therapeutics


EaglePoint Credit Company


FS Investment Corporation


Golub Capital BDC, Inc.


Griffon Corporation


Hercules Capital


Horizon Technology Finance


Main Street Capital Corporation


PennantPark Investment Corporation


Piper Sandler


Raymond James


Stifel


TriplePoint Capital


Via Optronics


WhiteHorse Finance


Principaux dossiers


  • Represented FS KKR Capital Corp on the launch of its at-the-market offering, under which FSK may offer and sell up to $750 million of its common stock.
  • Advised French biotech company Abivax SA in connection with its $747.5 million public offering.
  • Represented Barings LLC as selling stockholder in connection with Accelerant Holding’s $723 million initial public offering.

DLA Piper LLP (US)

The DLA Piper LLP (US) capital markets team advises global investment banks, institutional investors, as well as domestic and foreign issuers on a wide range of equity transactions. The group is recognised for its work on innovative deals across the digital assets, technology, life sciences and consumer sectors. The practice is led by New York-based Josh Kaufman and Washington, DC-based Era Anagnosti. Kaufman focuses on advising high-growth companies on strategic development and transformational transactions. Anagnosti is noted for her corporate governance expertise, regularly counselling on disclosure and compliance matters. Stephen Alicanti adds further depth with experience in registered offerings and private placements of equity securities. Bianca LaCaille excels in international and going-private transactions.

Responsables de la pratique:

Joshua Kaufman; Era Anagnosti


Autres avocats clés:

Stephen Alicanti; Bianca LaCaille


Les références

‘DLA is by far the most reliable and trustworthy law firm we work with. I never need to worry about them meeting deadlines. Their teams always go above and beyond.’

‘Stephen Alicanti is fantastic to work with, works on all of our most complicated transactions and never misses. Bianca LaCaille is the best associate to work with on Stephen’s team, wish she could be on all of our deals.’

 

Principaux clients

J.P. Morgan Securities LLC


Cantor Fitzgerald & Co.


BTIG, LLC


TD Securities


JonesTrading Institutional Services LLC


Needham & Company, LLC


BMO Capital Markets Corporation


Clear Street


Cohen & Co.


Stifel


Principaux dossiers


  • Advised Corvex, Inc on its all-stock merger with Movano Inc.
  • Advised Yorkville Acquisition Corp on its $6.42 billion business combination with Trump Media & Technology Group Corp.
  • Advised Cantor Fitzgerald & Co as dealer manager on numerous PIPE deals focused on the emerging market for crypto asset financing. This included a $750 million PIPE, with an additional $750 million in potential financing upon the exercise of warrants, which increased total proceeds to $1.5 billion.

Fenwick & West LLP

The Fenwick & West LLP capital markets practice advises both issuers and underwriters on equity offerings, with particular strength in the technology and life sciences sectors. The team, led by Santa Monica based Ran Ben-Tzur and Seattle based Amanda Rose, is noted for its experience across both traditional and innovative public offering structures including SPAC transactions, direct listings and reverse mergers. Ben-Tzur advises high-growth private and public technology companies particularly in the software, social networking, fintech, crypto, internet and mobility spaces. Rose is recognised for her expertise in corporate finance, SEC reporting and governance matters.

Responsables de la pratique:

Ran Ben-Tzur; Amanda Rose


Principaux clients

AnaptysBio


Archer Aviation


BILL Holdings


BioAge Labs


BitGo


Citigroup


Coinbase


CoreWeave


Day One Biopharmaceuticals


Figma


Goldman Sachs


Maze Therapeutics


Morgan Stanley


Motive Technologies


Wealthfront Corporation


Principaux dossiers


  • Advised CoreWeave on its $1.5 billion IPO.
  • Advised Figma on its $1.2 billion IPO.
  • Advised Wealthfront on its $484 million IPO.

Freshfields

The bi-coastal capital markets practice at Freshfields is particularly strong in the technology and life sciences sectors, advising issuers and underwriters on a broad range of equity transactions. The practice is led by Sarah Solum in Silicon Valley and Pamela Marcogliese in New York. Solum brings extensive experience across IPOs, direct listings,  convertible note deals and preferred stock financings. Marcogliese is widely recognized for her work on IPOs, direct listings and SPAC transactions. Calise Cheng provides support for companies in the tech industry, alongside Phillip Stoup who brings a wealth of knowledge to the life sciences industry. Taryn Zucker is noted for selling security holders in IPOs. Erik Gerding joined the firm in January 2025, bringing deep regulatory expertise across the corporate lifecycle. Chris DeCresce departed the team in February 2026.

Responsables de la pratique:

Sarah Solum; Pamela Marcogliese


Autres avocats clés:

Calise Cheng; Phillip Stoup; Erik Gerding; Taryn Zucker


Principaux clients

AST SpaceMobile, Inc


EVgo


Oracle


Super Micro Computer, Inc.


Mercury Technologies


Sonoco Products Company


Ares Strategic Income Fund


Republic Services


Priority Technology Holdings


Human Interest, Inc.


ServiceTitan


Leerink Partners LLC


Principaux dossiers


  • Advised AST SpaceMobile, Inc. on the $1.15 billion offering of aggregate principal amount of 2.00% Convertible Senior Notes, due 2036.
  • Advised Oracle regarding $32 billion of debt issuances over the past 12 months.
  • Advised new client Supermicro on a private placement of $700 million convertible senior notes, certain amendments and waivers with respect to its existing $1.725 billion convertible senior notes.

Fried, Frank, Harris, Shriver & Jacobson LLP

Fried, Frank, Harris, Shriver & Jacobson LLP regularly represents domestic and international issuers, underwriters and private equity firms on sophisticated capital markets transactions. The team is active across a broad range of industries including telecommunications, retail, finance, technology, real estate, insurance, HR and marketing. The New York practice is led by Daniel Bursky, Andrew Barkan and Joshua Wechsler. Bursky focuses on convertible securities, high-yield debt offerings and private placements, while Wechsler advises on IPOs, investment-grade debt offerings and cross-border financings. Barkan is particularly active in follow-on and secondary equity offerings, acquisition financings, debt tender offers and consent solicitations. Mark Hayek brings additional strength in leveraged loan transactions, while Monica Thurmond is recognised for her work on private placements of convertible debt and preferred stock.

Responsables de la pratique:

Daniel Bursky; Andrew Barkan; Joshua Wechsler


Autres avocats clés:

Mark Hayek; Monica Thurmond


Principaux clients

Goldman Sachs & Co. LLC


BofA Securities, Inc.


J.P. Morgan Securities LLC


Citigroup Global Markets Inc.


KeyBanc Capital Markets Inc.


RBC Capital Markets, LLC


Wells Fargo Securities, Inc.


Jefferies LLC


Truist Securities, Inc.


Barclays Capital Inc.


The Estate of David Bonderman


Principaux dossiers


Gibson, Dunn & Crutcher LLP

Gibson, Dunn & Crutcher LLP regularly advises issuers, underwriters and investors on sophisticated equity and preferred financing programs, including at-the-market offerings, initial public offerings, private placements and take-private transactions. The practice is co-led by Hillary Holmes, Andrew Fabens, Stewart McDowell and Peter Wardle. New York-based Fabens and Wardle are particularly noted for their work on hybrid offerings and liability management transactions. From Houston, Holmes brings strong corporate governance expertise, while San Francisco-based McDowell advises clients on common stock offerings and related capital raises. Melanie Neary represents life sciences companies and investors in IPOs, follow-on equity, PIPE and ATM.

Responsables de la pratique:

Hillary Holmes; Andrew Fabens; Stewart McDowell; Peter Wardle


Autres avocats clés:

Melanie Neary


Principaux clients

Arthur J. Gallagher & Company


Welltower Inc.


JPMorgan


Mubadala Capital


Atmos Energy


Mizuho


VerigSign


Bank of America


J.P. Morgan Securities


89bio, Ltd.


Jade BioSciences


California Water Service Group


QuidelOrtho


Apogee Therapeutics, Inc.


Dianthus Therapeutics, Inc.


Dynamix Corporation III


Chobani


Diversified Energy


Principaux dossiers


  • Represented Arthur J. Gallagher in the issuance of $5 billion of senior notes and $9.75 billion underwritten public offering of common stock to finance the acquisition of AssuredPartners.
  • Advised JP Morgan, Barclays and all underwriters in the $677 million initial public offering of WaterBridge Infrastructure.
  • Advised Welltower Inc. as issuer’s counsel on a $7.5 billion at-the-market equity program, which allows for both traditional and forward sales of common stock, under its automatic shelf registration statement

Goodwin

The Goodwin capital markets practice regularly advises on follow-on offerings, secondary sales, block trades and liability management transactions, with a focus on aligning each financing with a company’s capital structure, shareholder profile and long-term growth strategy. Beyond traditional IPOs, the team is active in alternative financing structures, including at-the-market programs and PIPE transactions. The practice is led by Edwin O’Connor in New York, alongside Bradley Weber in Silicon Valley and James Barri in Boston. O’Connor has particular experience advising on capital markets transactions in the life sciences, technology and clean tech sectors. Weber is recognised for his strength in complex securities law matters and sophisticated transactional issues. Barrie adds further depth to the bench, advising issuers and underwriters on a range of equity capital markets transactions. Bryan Quinn departed the firm in July 2025.

Responsables de la pratique:

Edwin O’Connor; Bradley Weber; James Barri


Les références

‘Strengths are their industry knowledge and deep experience in healthcare and life sciences.’

‘They are commercial, reasonable and have market leading industry knowledge of their clients and of the healthcare landscape.’

Principaux clients

Septerna


Prime Medicine


Amylyx Pharmaceuticals


Sionna Therapeutics


Akero Therapeutics


Altimmune, Inc.


Wisdomtree, Inc.


Disc Medicine


Applied Intuition


Underwriters – American Healthcare REIT


BXP, Inc.


FountainVest Partners


ProMIS Neurosciences


Upstream Bio


Rapport Therapeutics


ProQR Therapeutics N.V.


Principaux dossiers


  • Advised Akero Therapeutics in its $402.5 million follow-on offering.
  • Advised Upstream Bio on its $293 million initial public offering.
  • Advised the Underwriters on the $772.8 million American Healthcare REIT.

Hogan Lovells US LLP

The Hogan Lovells US LLP capital markets practice is a prominent issuer-focused group with particular strength in the life sciences, healthcare, real estate and technology sectors. The team regularly advises on a broad range of equity offerings and is recognised for its public company advisory capabilities across their Washington DC, New York, Northern Virginia, Baltimore and Philadelphia offices. The practice is led by Richard Aftanas from the New York office, who is highly experienced in IPOs and investment-grade debt offerings. Also from the New York office Rupa Briggs advises on de-SPAC business combinations, IPOs and follow-on equity offerings. In Philadelphia, Steve Abrams is particularly active in the life sciences and healthcare sector. Kevin Greenslade from Northern Virginia focuses on Rule 144A private placements of high-yield debt securities and registered public offerings of investment-grade debt.

Responsables de la pratique:

Richard Aftanas


Autres avocats clés:

Rupa Briggs; Steve Abrams; Kevin Greenslade


Principaux clients

Public Storage


W. P. Carey


Medera


Plum Acquisition Corp. III


J.P. Morgan Securities LLC


Perspective Therapeutics, Inc.


BofA Securities, Inc.


EyePoint Pharmaceuticals, Inc.


RLJ Lodging Trust


Lightbridge Corp.


Grace Therapeutics, Inc.


Gilead Sciences, Inc.


Rigetti Computing Inc.


Mind Medicine  Inc.


Principaux dossiers


  • Advising Medera, a U.S. based, Cayman Islands domiciled, as the target in a de-SPAC transaction with a Nasdaq listed SPAC, Keen Vision Acquisition Corporation.
  • Advised Public Storage, a leader in the self-storage space industry, on its US$2 billion at-the-market equity offering program.
  • Advised Rigetti Computing Inc on the US$35 million common stock PIPE investment by Quanta Computer Inc, in connection with the strategic collaboration agreement between Rigetti Computing and Quanta.

Hunton Andrews Kurth LLP

Hunton Andrews Kurth LLP delivers comprehensive capital markets counsel across the power and utilities, consumer products, retail, energy and real estate sectors. Representing investors, domestic issuers and underwriters, the practice is led by Philip HainesPeter O’Brien and Robert Smith. Houston-based Haines advises on corporate governance, periodic reporting obligations and day-to-day securities law compliance matters. New York-based O’Brien is particularly experienced in REIT transactions and SEC compliance issues, while Washington DC-based Smith brings extensive experience advising on M&A, REITs and other real estate-focused companies. Michael Fitzpatrick excels across equity hybrid instruments, collateral trust bonds and dedicated utility rate securitisation bonds.

Responsables de la pratique:

Phil Haines; Peter O’Brien; Robert Smith


Autres avocats clés:

Michael Fitzpatrick


Principaux clients

W&T Offshore


Vaalco Energy


Darden Restaurants, Inc.


Duke Energy Corporation


Pacific Gas & Electric Company


Philip Morris International Inc.


CenterPoint Energy, Inc.


Energy Transfer, LP


NextEra Energy Capital Holdings, Inc.


Genesis Energy, L.P.


Universal Compression


Truist Securities, Inc.


BofA Securities, Inc.


Goldman Sachs & Co. LLC


CIBC World Markets Corp.


J.P. Morgan Securities LLC


Mizuho Securities USA LLC


PNC Capital Markets LLC


RBC Capital Markets, LLC


Regions Securities LLC


SMBC Nikko Securities America, Inc.


Wells Fargo Securities, LLC


Barclays Capital Inc.


Scotia Capital Inc.


U.S. Bancorp Investments, Inc.


Barclays Capital, Inc.


Principaux dossiers


  • Advised the underwriters, forward sellers and forward purchasers in connection with an SEC-registered offering of 22,549,020 common shares of American Electric Power Company, Inc, which were borrowed and subsequently sold to the underwriters for sale in the offering.
  • Acted as counsel to the managers, the forward sellers and the forward purchasers in connection with the establishment of PPL Corporation’s at-the-market program to sell shares of PPL’s common stock having an aggregate gross sales price of up to $2 billion from time to time through either the sales agents or the forward sellers, who will, at PPL’s request, borrow shares of PPL’s common stock from third parties.
  • Advised the underwriters on an SEC-registered offering of 18.3 million shares of common stock of Xcel Energy Inc which shares were borrowed from third parties by affiliates of two of the underwriters, in their capacities as forward counterparties, and subsequently sold to the underwriters for sale in the offering.

King & Spalding

Issuers, sellers and underwriters turn to King & Spalding for representation in public and private offerings of equity securities. The practice has a strong sector focus spanning energy, financial institutions, life sciences and healthcare, real estate, and telecommunications. The capital markets group is co-led by Keith Townsend, Elizabeth Morgan and Cal Smith. Atlanta-based Townsend and Smith both focus on capital markets transactions and corporate governance matters, while New York-based Morgan is particularly noted for her expertise in disclosure and reporting issues. Allison Bell joined the firm in May 2025 from Kirkland & Ellis LLP, further strengthening the capabilities of the team.

Responsables de la pratique:

Keith Townsend; Elizabeth Morgan; Cal Smith


Autres avocats clés:

Allison Bell


Principaux clients

Aveanna Healthcare


Satellogic Inc


Curbline Properties Corp


Cantor Fitzgerald & Co


HeartFlow, Inc


Evolent Health, Inc


HCM III Acquisition Corp


HCM II Acquisition Corp


USA Rare Earth, LLC


Wingstop Inc


Cousins Properties, Inc


Magnera Corporation


Principaux dossiers


  • Advised HeartFlow, Inc on its initial public offering.
  • Advised Cousins Properties, Inc on multiple offerings of common stock.
  • Advised Satellogic. Inc on a suite of strategic transactions totalling over $80 million.

Kirkland & Ellis LLP

Leveraging its global platform, Kirkland & Ellis LLP offers strength across the full spectrum of capital markets activity. The team is particularly noted for its work on equity offerings for private equity firms and their portfolio companies, as well as for public companies and underwriters on high-yield note offerings, initial public offerings, acquisition financings and direct investments by private equity sponsors in public companies. New York based Joshua Korff is recognised for his work on IPOs, high-yield offerings, acquisition finance and complex restructurings, while Chicago based Robert Hayward is noted for his expertise in M&A, spin-offs, disclosure, crisis management and broader corporate matters. The practice was further strengthened by the arrival of Katherine Shaia from Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Autres avocats clés:

Joshua Korff; Bob Hayward; Katherine Shaia


Principaux clients

Bain Capital


The Boeing Company


BTIG LLC


Butterfly Equity


Citigroup Global Markets Inc.


Cohen & Company Capital Markets


Fortress


Investment Group


Jefferies LLC


Kestra Medical Technologies


L Catterton


Leerink Partners


Moelis & Company LLC


RBC Capital Markets Corporation


Stone Point Capital


Thoma Bravo


Webtoon Entertainment, Inc.


Principaux dossiers


Latham & Watkins

The ‘innovative and client-focused’ Latham & Watkins capital markets team advises issuers and underwriters across the full spectrum of equity offerings. The group supports companies throughout their lifecycle, delivering strategic capital-raising solutions at each stage of growth. It is particularly well regarded for assisting non-US issuers accessing the US capital markets and for navigating the regulatory and structural complexities of cross-border transactions. New York-based IPO specialist Marc Jaffe represents leading companies, investment banks, private equity and venture capital funds on a broad range of equity offerings. In San Francisco, Rick Kline is noted for his work for technology-sector innovators and their financiers, while Gregory Rodgers is especially active in US direct listings and convertible debt transactions. Ian Schuman brings extensive transactional experience spanning IPOs, follow-on offerings, convertible note offerings and high-yield debt deals. Alison Haggerty is recognized for her work on capital markets transactions for US investment banks and innovative companies in the technology and life sciences sectors.

Autres avocats clés:

Marc Jaffe; Rick Kline; Gregory Rodgers; Ian Schuman; Alison Haggerty; Brittany Ruiz


Les références

‘Innovative and client focused team that provides unmatched service for the most difficult and creative issues.’

‘Greg Rodgers and Brittany Ruiz are both standout partners in the equity and equity-linked space, and have been extremely involved in some of the more creative offerings considered in the market. Brittany in particular sets the bar for customer service.’

‘This team is particularly good at complex, multiparty arrangements. Not all lawyers would be capable of the technical legal work this team can handle.’

Principaux clients

Black Rock Coffee Bar, Inc.


Caris Life Sciences


Citigroup


Evercore


Figure


GFL Environmental Inc.


Goldman Sachs Asset Management


HPS Investment Partners, LLC


JP Morgan


MicroStrategy Incorporated


MNTN, Inc.


Morgan Stanley


Neuberger Berman


ServiceTitan


Shift4 Payments


StandardAero Holding Corp.


The Carlyle Group


Voyager Space Holdings


WaterBridge Infrastructure LLC


Principaux dossiers


  • Advised Black Rock Coffee Bar Inc in its US$294.1 million initial public offering of 14,705,882 shares of its Class A common stock, at a price to the public of US$20.00 per share.
  • Advised Figure in its US$787.5 million initial public offering of 31,500,000 shares of its Class A common stock at a public offering price of US$25 per share.
  • Advised WaterBridge Infrastructure in its upsized initial public offering of 31,700,000 Class A shares, representing limited liability company interests in WaterBridge at a price to the public of US$20 per Class A share.

Mayer Brown

The Mayer Brown capital markets practice delivers comprehensive counsel to both issuers and managers on equity transactions, with particular strength in the financial, energy and life sciences sectors. The group is led from New York by Anna Pinedo, who is known for her work on private placements, PIPEs, SPAC PIPEs and hybrid offerings. Brian Hirshberg is a key contact for PIPE transactions and ATM programs, regularly advising placement agents and issuers on structuring, documentation and execution. The team was further bolstered by the arrival of partner Rafe Khokhar from Dechert in April 2025 and counsel Liz Walsh in January 2025.

Responsables de la pratique:

Anna Pinedo


Autres avocats clés:

Brian Hirshberg; Marc Leong; Ali Perry; Ryan Castillo; Jerry Marlatt


Les références

‘The capital markets team, led by Anna Pinedo, stands out for its exceptional regulatory judgment, commercial awareness and ability to execute flawlessly on complex and novel transactions. The team anticipates issues before they arise, offers clear and practical guidance tailored to business realities, and consistently delivers solutions.’

Ryan Castillo turns complexity into clear, actionable guidance across equity and debt offerings.’

‘Ali Perry brings exceptional strategic clarity and responsiveness that consistently keeps transactions on track.’

‘Marc Leong stands out for his precision, responsiveness and ability to anticipate needs, ensuring deals run flawlessly from start to finish.’

‘Anna Pinedo is so trusted for her securities laws insight.’

‘Jerry Marlatt combines technical mastery with commercial judgment to deliver market-leading execution on complex debt and structured finance deals.’

‘Ali Perry brings exceptional strategic clarity and responsiveness that consistently keeps transactions on track.’

‘Advises on securities and broker-dealer related issues, particularly regarding equity sales, research and trading and at-the-market offering programs. They have an encyclopedic knowledge of all the latest developments in securities law and a deep understanding of our banking business, which allows them to provide more effective legal advice.’

‘Anna Pinedo is one of the foremost experts in securities law. Highly knowledgeable. Brian Hirshberg is very responsive and able to quickly resolve issues relating to equity capital markets.’

Principaux clients

Adaptimmune Therapeutics plc


Barclays Bank


BMO Capital Markets


BofA Securities, Inc.


Capital One Financial Corporation and Capital One Securities


Citigroup Global Markets


CPPIB


Dynex Capital, Inc.


J.P. Morgan Securities


Keefe Bruyette & Woods


Mereo BioPharma Group


Morgan Stanley


National Bank of Canada


Nomura Securities International, Inc.


Piper Sandler & Co.


Protalix BioTherapeutics, Inc.


Raymond James & Associates, Inc.


RBC Capital Markets Corp


Wells Fargo Securities


William Blair & Co.


Principaux dossiers


  • Represented Angel Studios in connection with its recently completed de-SPAC transaction with Southport Acquisition Corporation, a special purpose acquisition company.
  • Advised Raymond James & Associates, as lead underwriter, in connection with Guardian’s $183 million follow-on offering of 7.5 million Shares of Class A Common Stock, in May 2025.
  • Represented Orizon VR in its follow-on offering of its common shares and warrants raising aggregate gross proceeds of $603.8 million.

McDermott Will & Schulte

McDermott Will & Schulte has strong expertise across a broad range of equity capital markets transactions including IPOs, follow-on offerings and private placements. Chicago-based Eric Orsic co-leads the practice and is noted for his work on public equity, tender offers and going-private transactions. Washington DC-based Thomas Conaghan co-leads the department and advises both US and foreign public companies. The arrival of Craig Garvey from Kirkland & Ellis LLP in May 2025 brought additional depth in high-yield note offerings and issuer-side IPOs to the group. The team was further strengthened by the firm’s broader merger with Schulte Roth & Zabelin in August 2025.

Responsables de la pratique:

Eric Orsic; Thomas Conaghan


Autres avocats clés:

Craig Garvey; Dan Woodard


Les références

‘One of the key qualities that distinguishes the firm is their blend of legal rigour with commercial sense.’

Principaux clients

Tether Investments, S.A. de C.V


BofA Securities, Inc


Inhibikase Therapeutics, Inc


AirSculpt Technologies, Inc


Spine BioPharma


Applied DNA Sciences


Esousa Holdings LLC


Compeer Financial


Constellation Brands, Inc


RFA Management Company, LLC


Principaux dossiers


  • Advised Tether Investments, S.A. de C.V on a $775 million strategic investment in Rumble, resulting in Tether acquiring 103,333,333 of newly issued shares Class A Common Stock.
  • Assisted Tether Investments, S.A. de C.V with a cross-border partial tender offer to acquire a controlling interest in Adecoagro S.A., valued at $615.5 million.
  • Advised Spine BioPharma through the issuance of $26 million of Series D preferred stock.

Milbank

Milbank advises issuers, underwriters and sovereigns across a wide range of capital markets transactions. The practice is led from New York by Jonathon Jackson, who has extensive experience in corporate finance transactions and special situation investment opportunities, with particular expertise in high-yield and hybrid capital, preferred equity, and initial public offerings. Rod Miller is regularly instructed by investment banks on high-profile equity and debt offerings, especially those tied to M&A financings and other strategic transactions. Brett Nadritch contributes strength in asset securitizations and structured transportation finance. The bench was further enhanced by the arrival of Adam Brenneman, who joined the firm in May 2025 from Cleary Gottlieb Steen & Hamilton.

Responsables de la pratique:

Jonathon Jackson


Autres avocats clés:

Adam Brenneman; Rod Miller; Brett Nadritch


Les références

‘Have had terrific experience with Jonathon Jackson. He gets deals done.’

Principaux clients

Barclays


BofA Securities


Deutsche Bank Securities


Export Development Canada


Goldman Sachs


Morgan Stanley


Novonix


Oppenheimer & Co


Viking Holdings


Wells Fargo Securities


Principaux dossiers


Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

The Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. capital markets practice is widely recognised for advising managers on equity transactions in the life sciences and biotech sectors. The group is led by John Rudy in Boston and Daniel Bagliebter in New York. Bagliebter focuses on securities offerings and mergers and acquisitions, with particular strength in IPOs and follow-on public offerings, while Rudy brings extensive experience across equity and debt financings, securities matters and general corporate advisory work. The bench was further strengthened by the arrival of Alok Choksi, who joined the firm from Haynes and Boone, L.L.P. in April 2025.

Responsables de la pratique:

John Rudy; Daniel Bagliebter


Autres avocats clés:

Alok Choksi


Principaux clients

Leerink Partners


Oppenheimer & Co.


ArriVent BioPharma, Inc.


Sera Prognostics


Elicio Therapeutics


Wave Life Sciences


Standard BioTools


Guggenheim


TD Cowen


EcoR1


Principaux dossiers


  • Represented Galecto, Inc in connection with its acquisition of Damora Therapeutics, Inc, and the concurrent $285 million private placement.
  • Advised the underwriters in connection with a $603 million public offering by Praxis Precision Medicines.
  • Advised the underwriters in connection with the $425 million underwritten offering by Ondas Holdings Inc.

Morgan, Lewis & Bockius LLP

Morgan, Lewis & Bockius LLP advises both issuers and investment banks on a broad range of capital markets transactions across the energy, financial services, technology, life sciences and retail sectors. The team is particularly noted for its representation of public companies in securities offerings including registered offerings, private placements, tender offers and tax-exempt bonds. The practice is co-led by Philadelphia based Joanne Soslow, and Celia Soehner who splits her time between Pittsburgh and New York. Soehner advises public companies on IPOs, secondary offerings and debt offerings, while Soslow is recognised for her strength in corporate and securities matters.

Responsables de la pratique:

Celia Soehner; Joanne Soslow


Principaux clients

ADMA Biologics, Inc


Alpha and Omega Semiconductor Limited


Ameren Corporation


American Water Works Company, Inc


B. Riley Securities


Bullish


Cohen & Company and Clear Street LLC


Cohen Circle Acquisition Corp


CytoSorbents Corporation


Eastdil Secured Advisors LLC


Entergy Corporation


Essential Utilities Inc


Evercore Group L.L.C


GCT Semiconductor Holding, Inc


Howard Hughes Holdings Inc


Lite Strategy, Inc


MINISO Group Holding


Nebius Group N.V.


Onconova Therapeutics Inc


Replimune Group


RK Capital Management LLC


uniQure N.V.


Principaux dossiers


  • Represented Bullish with its initial public offering and NYSE listing of its ordinary shares.
  • Represented American Water Works Company, Inc in its registered underwritten public offering of 8,098,592 shares of common stock, which includes a forward component.
  • Advised Nebius Group on its $1 billion public offering of Class A ordinary shares and its concurrent $3.2 billion private offering of convertible senior notes.

Morrison Foerster

The Morrison Foerster capital markets practice has broad expertise across a range of equity products including initial public offerings, secondary offerings, at-the-market offerings, private investments in public equity and Rule 144A offerings. The team is led by Washington, DC-based Justin Salon, a recognised specialist in corporate governance and securities law matters. Andy Campbell is noted for his extensive experience advising REIT clients and is frequently involved in capital markets transactions with M&A elements. Texas-based John Hensley is also highlighted for his strong insight into securities law matters.

Responsables de la pratique:

Justin Salon


Autres avocats clés:

Andy Campbell; John Hensley


Principaux clients

Alexandria Real Estate Equities, Inc


Arm Holdings plc


Armada Hoffler Properties, Inc. NoB. Riley Securities, Inc


Barclays Capital Inc


BofA Securities, Inc


Boyd Gaming Corporation


Centuri Group, Inc


Citibank


Crinetics Pharmaceuticals, Inc


Equity Residential


Wells Fargo Securities, LLC


Hines Global Income Trust, Inc


Krystal Biotech, Inc


McKesson Corporation


KeyBanc Capital Markets Inc


onsemi


Piper Sandler & Co


Principaux dossiers


Nelson Mullins Riley & Scarborough LLP

The Nelson Mullins Riley & Scarborough LLP capital markets practice focuses on a broad range of equity offerings, including initial and follow-on public offerings, at-the-market programs, bought deals, shelf takedowns, PIPE transactions, direct listings and SPAC-related offerings. The practice is led from Washington DC by Jonathan Talcott who regularly guides clients through IPOs, follow-on offerings, confidentially marketed public offerings and Rule 144A equity offerings. David Mannheim has a particular focus on life sciences, technology, and clean energy businesses. Michael Rafter represents public non-traded REITs and regularly counsels real estate sponsors on REIT formations and accessing non-traded broker-dealer and registered investment advisor distribution channels.

Responsables de la pratique:

Jonathan Talcott


Autres avocats clés:

David Mannheim; Michael Rafter


Principaux clients

Abpro Corporation


TD Securities LLC


Coincheck Group N.V.


ONE Nuclear Energy, LLC


Eagle Energy Metals Corp.


Bancroft Capital, LLC


Apimeds Pharmaceuticals


SmartStop


Cartiga, LLC


Jackson Acquisition Co. II


Trump Media & Technology Group, Corp.


PSQ Holdings, Inc.


Principaux dossiers


  • Advised SmartStop Self Storage REIT, Inc on its recently completed underwritten public offering of common stock and related initial listing on the New York Stock Exchange.
  • Represented Trump Media and Technology Group Corp in its private placement of approximately $1.44 billion in common stock and $1.00 billion in convertible notes, to fund Trump Media’s Bitcoin treasury strategy.
  • Represented Thunder Bridge, the SPAC, in its business combination with Coincheck.

O'Melveny

The O'Melveny capital markets practice provides comprehensive counsel to both issuers and underwriters across a wide array of equity transactions. With the group having notable experience in the energy, real estate and pharmaceutical sectors, with regular involvement in public equity offerings and PIPE financings. New York-based practice head Jeeho Lee advises clients on IPOs, secondary offerings and private placements. In San Francisco, Brophy Christensen excels in initial public offerings, follow-on offerings and convertible offerings. David Ni joined the firm in January 2025, while Michelle Earley departed in August 2024.

Responsables de la pratique:

Jeeho Lee


Autres avocats clés:

Brophy Christensen; David Ni


Principaux dossiers


Orrick, Herrington & Sutcliffe

The Orrick, Herrington & Sutcliffe capital markets department advises on a broad range of equity transactions for both issuers and underwriters, with particularly strong experience in the technology and healthcare sectors. Practice head Albert Vanderlaan, based in Boston, focuses on high-growth technology and life sciences companies, advising on IPOs, follow-on offerings, compliance and disclosure obligations. Brett Cooper specialises in corporate finance and represents US, Canadian, European and Asian issuers and underwriters in securities law matters, M&A and general corporate work. Jamie Evans is noted for his strength in technology-sector public offerings, while Alice Hsu brings particular experience in the energy and financial services industries.

Responsables de la pratique:

Albert Vanderlaan


Autres avocats clés:

Nicole Walsh; Brett Cooper; Jamie Evans; Alice Hsu


Les références

‘Technical expertise, extremely responsive, provides practical and business-focused solutions.’

‘Albert Vanderlaan and Nicole Walsh provide amazing customer service and the highest level of professional services. They and their teams are incredibly responsive and act as business partners to our business.’

Principaux clients

BioAtla, Inc.


Crown PropTech Acquisitions


FormFactor, Inc.


Genenta Science S.p.A.


Local Bounti Corporation


Luminar Technologies, Inc.


Neptune Insurance Holdings Inc.


Serve Robotics Inc.


Varex Imaging Corporation


Principaux dossiers


  • Advised Neptune Insurance Holdings Inc. on its $368 million initial public offering and listing on the New York Stock Exchange.
  • Advised the underwriters in multiple notes offerings for Ally Financial Inc, totaling $2.35 billion. Served as designated underwriters’ counsel for Ally Financial’s unsecured notes program since May 2019, during which time Ally has offered and sold more than $11 billion aggregate principal amount of notes.
  • Advised Local Bounti on a $312 million term loan maturity extension and reduction, a $300 million term loan refinancing with preferred equity issuance, and a $25 million private placement, collectively strengthening the company’s financial foundation and supporting its growth strategy.

Paul Hastings LLP

Paul Hastings LLP are recognised for their capital markets transactions, where they frequently act for public companies, private equity sponsors, venture capital firms and investment banks across a broad range of equity offerings. The group is particularly noted for their expertise in strategic IPOs in the technology and life sciences sectors. The practice is led by Frank Lopez and Colin Diamond in New York, alongside Eric Sibbitt in California, reflecting a cross-coast platform with strong issuer and underwriter-side capabilities. Brandon Bortner focuses on equity financings and debt and hybrid transactions, including convertible securities and restructurings. IPO specialist Seo Salimi is particularly noted for advising financial institutions and life sciences companies on public offerings and related capital markets matters.

Responsables de la pratique:

Frank Lopez; Colin Diamond; Eric Sibbitt


Autres avocats clés:

Brandon Bortner; Seo Salimi


Principaux clients

Smithfield


Sportradar Group AG


BofA Securities


J.P. Morgan


Xencor, Inc.


Aardvark Therapeutics, Inc.


Barclays Capital Inc.


TD Securities


Oppenheimer & Co. Inc.


Goldman Sachs


Piper Sandler


Stifel Nicolaus & Company


Morgan Stanley


Renatus Tactical Acquisition Corp I


Vine Hill Capital Investment Corp.


Principaux dossiers


  • Advised Smithfield Foods, Inc and its shareholder WH Group Limited, in Smithfield’s $522 million IPO.
  • Advised Sportradar Group AG in a $517.5 million underwritten secondary public offering by certain selling shareholders. The company concurrently repurchased $65.5 million of its shares. Goldman Sachs & Co. LLC and J.P. Morgan acted as lead book-running managers for the offering.
  • Represented Xencor, Inc, a clinical-stage biopharmaceutical company developing engineered antibodies for the treatment of cancer and other serious diseases, in its underwritten public offering of $175 million in common stock.

Paul, Weiss, Rifkind, Wharton & Garrison LLP

With a practice focused on issuers, the Paul, Weiss, Rifkind, Wharton & Garrison LLP team regularly handles equity offerings and the full range of registered public offerings, Rule 144A transactions and Regulation S offerings. The practice is led by John Kennedy, Brian Janson, Gregory Ezring and Eric Wedel. Janson is particularly experienced in leveraged finance transactions and corporate governance matters, while Kennedy represents both issuers and underwriters in private securities offerings. Ezring is well regarded for his work on debt restructurings and public equity offerings. Wedel is particularly noted for advising private equity sponsors and their portfolio companies on complex acquisition financings.

Responsables de la pratique:

John Kennedy; Brian Janson; Gregory Ezring; Eric Wedel


Les références

‘Very commercial. Strong advising private equity sponsors.’

‘Brian Jansen is excellent.’

Principaux dossiers


Pillsbury Winthrop Shaw Pittman LLP

Domestic and international managers commend the capital markets team at Pillsbury Winthrop Shaw Pittman LLP for its regular involvement in IPOs and SPAC transactions, with particular strength in the technology and life sciences sectors. The practice is jointly led by Christina Pearson and Davina Kaile in Silicon Valley, as well Jeffrey Delaney in New York. Kaile is especially noted for her work on confidentially marketed public offerings, PIPEs and ATM transactions. Pearson and Delaney both bring substantial IPO experience, while Gabriella Lombardi adds broad capability across mergers and acquisitions and corporate finance transactions.

Responsables de la pratique:

Jeffrey Delaney; Christina Pearson; Davina Kaile


Autres avocats clés:

Gabriella Lombardi


Principaux clients

Nikola Corporation


Techpoint, Inc.


Identiv, Inc.


EMCORE Corporation


Vincerx Pharma, Inc.


Eventide


Quantum Corporation


Principaux dossiers


Ropes & Gray LLP

The Ropes & Gray LLP practice is widely recognized for its strength in capital market transactions, with experience spanning the full range of equity securities transactions. The team regularly represents clients on high-value IPOs, follow-on offerings, block trades, and at-the-market programs. The firm is particularly noted for its work for private equity sponsors and their portfolio companies, as well as biotech and pharmaceutical issuers. From New York, Craig Marcus and Paul Tropp are lead the practice, advising both issuers and underwriters on transactions involving convertible, high-yield, and investment-grade bonds, as well as private placements. Faiza Rahman has a broad practice representing clients in  secondary and follow-on equity offerings, acquisition finance, private placements and liability management. Paul Kinsella advises on business combinations, securities offerings and governance matters.

Responsables de la pratique:

Craig Marcus; Paul Tropp


Autres avocats clés:

Faiza Rahman; Paul Kinsella


Principaux dossiers


A&O Shearman

Les références

## INSERTED START: 26-01-2026 12:46:45

‘Accessibility and experience for IPO issuance is nearly unparalleled. The collaborative effort with banks and accessibility at all times of day / night supports seamless processes. ’

‘Tianwei Liu – despite being an associate, her transcation experience on IPOs provides a wealth of experience and makes tracking down answers easy. Its nice to not have a process delayed while the team has to look into things and she does a great job of often already knowing the answer / next steps. ’

Principaux clients

## INSERTED START: 11-12-2025 09:37:23


Barclays


BofA Securities


Cohen & Company Capital Markets


Consolidated Edison, Inc.


DT Midstream, Inc.


D. Boral Capital LLC


Evercore ISI


GMS Ventures & Investments


Goldman Sachs & Co. LLC


H.C. Wainwright & Co., LLC


J.P. Morgan


LifeSci Capital, LLC


Microvast Holdings, Inc.


Morgan Stanley


National Energy Services Reunited Corp.


Nomura


Piper Sandler


Seaport Global Securities


Stifel Nicolaus Weisel


TD Securities


Wells Fargo Securities


Principaux dossiers


  • ## INSERTED START: 11-12-2025 09:37:23
    Advised TD Securities and Goldman Sachs on a USD13.1bn secondary registered offering of shares of the Charles Schwab Corporation by the Toronto-Dominion Bank.
  • ## INSERTED START: 11-12-2025 09:37:23
    Advised the underwriters on the upsized USD202m initial public offering of Kestra Medical Technologies, Ltd.
  • ## INSERTED START: 11-12-2025 09:37:23
    Advised Consolidated Edison, Inc. on its forward sale agreement relating to the approximately USD677m forward sale of seven million of Con Edison’s common shares.

Sidley Austin LLP

The ‘commercially focused’ Sidley Austin LLP capital markets practice has extensive experience across equity offerings, including secondary public offerings and complex IPOs. The team acts predominantly for domestic and international underwriters and is led from New York by Samir Gandhi, who advises corporate clients on disclosure and governance matters, complex financing structures, public offerings and private placements. Adam Gross excels in securities laws and disclosure matters. The practice was bolstered by the arrival of Natalie Karam from Cooley LLP in December 2024, followed by David Stewart and Vladimir Mikhailovsky from Latham & Watkins in April 2025. Johnny Skumpija departed in October 2025 and Kenny Terrero left the firm in November 2025.

Responsables de la pratique:

Samir Gandhi


Autres avocats clés:

Adam Gross; Ryan Robert; Natalie Karam; David Stewart; Vladimir Mikhailovsky


Les références

‘The Sidley team provide excellent client service, are very dedicated to achieving the best results for their client. They are very commercially focused and will always aim to have a solution for the client.’

‘Adam Gross is constantly available for clients and highly engaged on any matters he is working on.’

‘Ryan Robert is another great asset, he is very personable and has the ability to cut straight to the points that need to be resolved.’

Principaux dossiers


  • Represented Accelerant Holdings in its upsized $830 million initial public offering of 34,461,152 of its Class A common shares listed on the New York Stock Exchange.
  • Represented Aspen Insurance Holdings Limited in its $397.5 upsized initial public offering of 13,250,000 of its Class A ordinary shares listed on the New York Stock Exchange.
  • Represented Flowco Holdings Inc. in its initial public offering of 20,470,000 shares of its Class A common stock.

Simpson Thacher & Bartlett LLP

Simpson Thacher & Bartlett LLP is frequently entrusted with complex capital markets transactions, representing issuers and underwriters across the full range of equity offerings. The team is particularly experienced in the aviation, energy and retail sectors, often managing multiple offerings of ordinary and common shares. The group is led by Joshua Ford Bonnie in Washington DC, alongside Kenneth Wallach and Roxane Reardon in New York. Bonnie is a preeminent IPO lawyer who regularly advises public companies on spin-offs, strategic transactions and broader securities law matters. Reardon counsels corporates and investment banks on complex, multi-tranche capital markets transactions. Wallach focuses his practice on high-yield offerings, IPOs, restructurings and corporate governance issues. Joseph Kaufman excels in corporate governance issues. William Brentani excels in follow-on equity and preferred stock offerings. John Ericson has extensive corporate finance experience including secondary offerings, investment grade debt offerings and acquisition finance. Niels Jensen joined the firm in April 2025, from Vinson & Elkins LLP.

Responsables de la pratique:

Joshua Ford Bonnie; Roxane Reardon; Kenneth Wallach


Autres avocats clés:

David Azarkh; William Brentani; John Ericson; Niels Jensen; Joseph Kaufman


Principaux clients

AEP American Electric Power Co


BBB Foods


Blackstone Credit


BrightSpring Health Services, Inc


BrightView


Carlyle M&A


Equinix


Flutter Entertainment


Gates Industrial Corporation plc


GE HealthCare Technologies


Goldman Sachs & Co LLC


HyAxiom, Inc


KKR


JPM Securities


Lucid Group


Morgan Stanley


Sixth Street Partners


TD Bank


Waystar


Wells Fargo Securities


Principaux dossiers


  • Advised the underwriters in a $1.05B listing.
  • Representation of The Toronto-Dominion Bank as selling stockholder, in connection with a secondary offering of common stock of The Charles Schwab Corporation and concurrent share repurchase by Schwab.
  • Representation of KKR & Co. Inc in connection with the registered offering of 51,750,000 shares of KKR’s 6.25% Series D Mandatory Convertible Preferred Stock, inclusive of shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares.

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden, Arps, Slate, Meagher & Flom LLP provides comprehensive counsel across equity capital markets transactions for both issuers and underwriters. The group is recognised for its role in high-profile IPOs, follow-on offerings and complex cross-border equity financings, with notable experience across the biotechnology, fintech, insurance, real estate, energy, technology and consumer products sectors. The practice is led by New York-based Ryan Dzierniejko who focuses on venture capital financings and IPOs for unicorn companies. David Goldschmidt is a recognized expert in private placements of debt and equity securities, while Michael Schwartz is noted for his extensive experience in equity offerings, investment-grade debt issuances and complex refinancing transactions. Laura Kaufmann Belkhayat adds further depth with her expertise in spin-offs, liability management and restructuring matters. Gregory Fernicola regularly counsels corporate clients with respect to corporate governance and securities law matters.

Responsables de la pratique:

Ryan Dzierniejko


Autres avocats clés:

David Goldschmidt; Michael Schwartz; Laura Kaufmann; Gregory Fernicola


Principaux clients

Vaxcyte, Inc


Circle Internet Group, Inc.’s


Hut 8 Corp


American Integrity


Intel Corporation


Acrisure Holdings, Inc


CC Capital


GO Residential REIT


Clear Street LLC


Insurance Holdings, Inc.’s


JAB Holding Company LLC


Keurig Dr Pepper Inc


Cameco Corporation


Venture Global LNG, Inc


AvalonBay Communities Inc


Starwood Property Trust, Inc


SL Green Realty Corp


HIVE Digital Technologies Ltd


Vizsla Silver Corp


Zeta Global Holdings Corp


Skeena Resources Limited


Principaux dossiers


  • Advised Vaxcyte on the $1.5 billion upsized offering of its Class A common stock and pre-funded warrants.
  • Represented J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC and CitigroupGlobal Markets Inc as joint lead bookrunners in the $1.05 billion IPO of Class A commonstock and listing on the New York Stock Exchange of Circle Internet Group, Inc.
  • Represented Hut 8 Corp in connection with the concurrent launch of its $500 millionat-the-market equity offering program and $250 million repurchase program.

Vinson & Elkins LLP

Issuers and managers turn to the Vinson & Elkins LLP capital markets practice for ‘efficient and practical advice’ on a wide range of equity transactions. The group is recognised for its cross-sector capabilities, with particular strength in the energy, financial services, real estate and healthcare industries. In Austin, Thomas Zentner has built a robust practice advising private equity-backed companies on exits through the public markets as well as complex sale transactions. Houston-based Jackson O’Maley regularly counsels clients on IPOs, M&A, and other strategic matters, while fellow Houston partner Scott Rubinsky is noted for his experience in SPAC business combination transactions.

Autres avocats clés:

Thomas Zentner; Jackson O’Maley; Scott Rubinsky


Les références

‘Thomas Zentner is an excellent lawyer who is very experienced, efficient, and practical. He makes it easy to discuss any issue with him.’

‘Understand your issues, get to the bottom of them quickly, and give you efficient and practical advice.’

‘Strong team from top to bottom, including solid junior and mid-level associates.’

Principaux dossiers


Weil, Gotshal & Manges LLP

From New York, Alexander Lynch and Michael Hickey lead the Weil, Gotshal & Manges LLP capital markets practice. The team brings substantial experience across the full range of public and private transactions including IPOs, secondary and follow-on equity offerings, acquisition financings, private placements and equity-linked securities. Lynch regularly advises leading private equity sponsors, their portfolio companies and investment banks on IPOs, strategic investments and private placements. Hickey focuses on advising financial institutions on financing matters and more broadly represents clients in secondary sales, preferred equity investments, high-yield and investment-grade debt offerings. Merritt Johnson is recognized for his strength in secondary equity offerings, leveraged buyouts and liability management transactions. Barbra Broudy focuses on acquisition finance and regularly advises both issuers and underwriters on a broad range of public and private securities offerings.

Responsables de la pratique:

Alexander Lynch; Michael Hickey


Autres avocats clés:

Merritt Johnson; Barbra Broudy


Principaux clients

AMC Entertainment Inc.


Berkshire Hathaway Inc.


First Watch Restaurant Group, Inc.


Fox Corporation


The Gores Group


Jefferies


J.P. Morgan


Ontario Teachers’ Pension Plan


TPG Inc.


Unigel Participações S.A


Principaux dossiers


  • Advised J.P. Morgan Securities, as underwriter, in an approximately $2.8 billion block trade of 83,950,000 shares of common stock of Keurig Dr Pepper Inc.
  • Advised J.P. Morgan Securities, as underwriter, in an approximately $2.5 billion block trade of 75,000,000 shares of common stock of Keurig Dr Pepper Inc.
  • Advised Affiliates of Berkshire Hathaway Inc, as selling stockholders, in a $1.225 billion follow-on secondary offering of 4.3 million shares of common stock of VeriSign, Inc.

White & Case LLP

With a national footprint spanning New York, Miami, Washington DC, Houston, and Los Angeles, the White & Case LLP equity capital markets team advises issuers and underwriters on a broad range of capital market transactions. The group handles IPOs, follow-on offerings, business combinations, at-the-market programs and secondary offerings,. The practice is headed by Gary Kashar in New York, who serves as regional section head of the capital markets group. A.J. Ericksen is particularly experienced in the energy sector and advises on liability management transactions, debt tender offers and consent solicitations. Jason Rocha focuses on IPOs, private investments in public equity and Rule 144A offerings. Drew Valentine, who joined the firm from DLA Piper LLP (US), brings a sector focus on AI, quantum computing and semiconductor companies. Elliott Smith and Edward So departed the firm.

Responsables de la pratique:

Gary Kashar


Autres avocats clés:

John Vetterli; Jessica Chen; A.J. Ericksen; Jason Rocha; Drew Valentine


Les références

‘Excellent knowledge, availability, accountability, deep bench, great to work with and get tasks accomplished on time. ’

‘Jessica Chen has excellent knowledge, availability, accountability, deep bench, great to work with and get tasks accomplished on time.’

‘John Vetterli has deep industry experience, knowledge, easy to work with.’

Principaux dossiers


Willkie Farr & Gallagher LLP

Drawing on the firm’s strong cross-border platform the Willkie Farr & Gallagher LLP capital markets team is well known for handling complex IPOs and other securities offerings. The practice which is regularly instructed by both U.S. and international issuers, is jointly led in New York by Gregory Astrachan, Edward Best and Cristopher Greer. Astrachan regularly represents corporations and their boards on governance matters, while Greer excels in SEC matters as well as restructurings. Having joined the firm from Mayer Brown in August 2024, Best brings a wealth of experience with hybrid securities offerings as well as liability management transactions.

Responsables de la pratique:

Gregory Astrachan; Edward Best; Cristopher Greer


Les références

‘Edward Best is extremely knowledgeable and not adverse to being involved in details.’

Principaux clients

Hyundai Capital America


Canadian Imperial Bank of Commerce


Saks Global Holdings LLC


Xerox Corp


Reinsurance Group of America


Platinum Equity and Butterfly


Platinum Equity and its portfolio company Solenis


McGraw Hill, Inc.


Ingram Micro Holding Corporation


Karman Holding Inc.


Take-Two Interactive Software


Sharkninja


1RT Acquisition Corp.


Karman Holdings


Yorktown Energy Partners


RBC Capital Markets


Fidelis Insurance Holdings Limited


U.S. Bank National Association


Grid Dynamics


Principaux dossiers


  • Steered client Karman Holdings Inc through its $506 million IPO. In a significant upsizing, Karman and the selling shareholders sold 23 million shares for $22 each after marketing the shares for $18 to $20 each, valuing the company at nearly $3 billion at the time of closing.
  • Acted as structuring counsel to the initial purchasers in an offering of $12 billion of an innovative structure of P-Caps by a Luxembourg special purpose vehicle as part of a series of measures by the United Mexican States, to provide support to Petróleos Mexicanos in the management and improvement of its balance sheet.
  • The Saks Global $2.7 billion acquisition of Neiman Marcus was financed in part through an issuance of $2.2 billion of 11.000% Senior Secured Notes due 2029, with the Willkie Capital Markets team advising Saks.

WilmerHale

The WilmerHale capital markets practice is recognised for its strength in equity transactions across the life sciences and technology sectors. The team represents both issuers and investment banking firms in IPOs, follow-on offerings, PIPE placements, and Rule 144A transactions. New York-based Brian Johnson brings particular expertise in compliance and disclosure matters. Also based in New York is Lisa Firenze who is well versed in spin-offs, convertible note offerings and SPAC transactions. Caroline Dotolo is recognised for her strength in mergers and acquisitions, while Judith Hasko and Mick Bain offer practice on a broad range of corporate transactions.

Autres avocats clés:

Judith Hasko; Mick Bain; Brian Johnson; Lisa Firenze; Caroline Dotolo


Principaux clients

Solid Biosciences Inc.


Cue Biopharma, Inc.


Akebia Therapeutics, Inc.


State Street Corporation


Strategy Inc


Xilio Therapeutics, Inc.


Beam Therapeutics Inc.


Dyne Therapeutics, Inc.


Trevi Therapeutics, Inc.


Principaux dossiers


  • Advised Strategy Inc, in connection with several at-the-market offerings, with total proceeds of approximately $10.5 billion.
  • Advised Beam Therapeutics Inc. in its underwritten registered direct offering of its common stock and pre-funded warrants, with proceeds of approximately $500 million.
  • Advised Dyne Therapeutics, Inc. in transactions securing up to $505 million of debt and equity capital, including a $275 million senior secured debt financing with Hercules Capital, Inc., as agent and lender, and a concurrent $230 million underwritten public offering of common stock.

Winston Taylor

The Winston Taylor capital markets practice advises on a broad spectrum of equity transactions including IPOs, follow-on offerings, registered direct offerings, confidentially marketed offerings, preferred stock and ADR issuances, Rule 144A global offerings and PIPE transactions. The group is co-led by Houston-based Mike Blankenship and New York-based David Sakowitz. Blankenship focuses on corporate finance, M&A, private equity, SPAC offerings and securities law matters. Sakowitz brings extensive experience advising on high-yield debt, equity and equity-linked securities across SEC-registered, Rule 144A, Regulation S and private placement transactions. Adam Howard joined the firm in February 2025, having moved from Skadden, Arps, Slate, Meagher & Flom LLP.

Responsables de la pratique:

Mike Blankenship; David Sakowitz


Autres avocats clés:

Adam Howard


Les références

‘Team goes above and beyond what is required, pro-active in what we need. We have extremely complex and unique derivative transactions and they are on top of everything.’

Principaux clients

American States Water Co.


AlphaVest Acquisition Corp


Barclays Bank PLC


BitMine Immersion Technologies


BofA Securities, Inc.


Clean Earth Acquisition Corp.


Credit Agricole Corporate and Investment


DigiAsia Ltd.


Docter Inc.


Drilling Tools International


KeHE Distributors, LLC


D. Boral Capital


Estrella Biopharma, Inc.


Granite Construction Incorporated


Groupon, Inc.


Mobiv Acquisition Corp.


Motorola Solutions, Inc.


NexPoint Advisors, L.P.


Picard Medical Inc.


Polar Asset Management Partners


RF Acquisition Corp.


Sumitomo Mitsui Banking Corporation


Principaux dossiers


  • Represented BitMine Immersion Technologies, Inc. in connection with the recent expansion of its at-the-market equity offering, increasing the program by $20 billion to a total of $24.5 billion.
  • Represented Loop Capital Markets, as underwriters’ counsel, in connection with a public equity offering for Bally’s Corporation.
  • Represented Picard Medical, Inc in connection with the closing of its $17 million initial public offering of 4,250,000 shares of common stock at a public offering price of $4.00 per share.