A&O Shearman

We are delighted to announce the hire of Dan Graham and Paul Dunbar, who will join our team of over 200 partners who work with private capital investors across the U.S., U.K., EMEA and APAC. “A&O Shearman has set out its plan to invest in growing one of the pre-eminent private capital practices worldwide. Having Dan and Paul join us will significantly grow our London private equity and infrastructure bench. Our intention is that this is just the first step in a global growth strategy for our private capital offering.” Stephen Lloyd, global co-head of private equity and private capital sector lead Dan brings a wealth of knowledge, particularly in guiding financial sponsors through intricate international and cross-border deals. Paul's expertise lies in a diverse range of transactions for private equity clients, with a focus on sectors such as financial services, fintech, and healthcare, to name a few. Find out more here: https://ow.ly/fM5J50TckuE #AOShearman

The results are in from the Sixth Allocation Round (AR6) of the UK Government's Contracts for Difference (CfD) scheme. A record number of low carbon electricity generation projects received CfDs across emerging and mature technologies. With no offshore wind project bids in the previous allocation round, notably AR6 has seen a rebound in this sector. Six offshore wind projects (fixed foundations) secured almost 5GW of capacity and there was a 400MW capacity award for a commercial scale floating wind project to deliver electrification to Scottish North Sea oil and gas platforms. Onshore wind projects also received allocations and this sector is seeing renewed focus in the new Government’s net zero plans. With the Government's ambitious 2030 goals in the balance, the focus now shifts to next year’s Seventh Allocation Round (AR7) and how that will play out. Click here for a more detailed look at the outcome and implications: https://ow.ly/2v7K50ThEJ3 #AOShearman #RenewableEnergy #EmergingTechnologies

We advised the underwriters on the Republic of the Philippines’ USD2.5 billion bond offering, highlighting their strategic engagement with global capital markets. “We are proud to support the underwriters in this significant transaction, which reinforces the Philippines’ strategic position in the international capital markets. This issuance showcases the Republic’s continued commitment to robust fiscal management and market confidence.” – Felipe Duque, partner. This transaction is a clear demonstration of the Republic's proactive engagement with global capital markets and its commitment to fiscal resilience and economic growth. Our cross-border team was led by Felipe Duque, with support from Giancarlo Sambalido, Sean C., Julie Song, John Hibbard, and Jack Heinberg. Read more here: https://lnkd.in/egjEEfmJ #AOShearman #CapitalMarkets #FiscalResilience

We are advising IHH Healthcare on a landmark USD900 million acquisition of Island Hospital, Penang. The transaction, one of the largest in Malaysia in 2024, once again highlights the ongoing strength of healthcare M&A in the ASEAN region post-Covid and our outstanding track record of transactional work in Malaysia. Our team was led by partner James Mythen and senior associate Felicia Tan, with key support from Purita Thanachoksopon and James C. Read more here: https://lnkd.in/egsFNvAt #AOShearman #HealthcareM&A #ASEANGrowth

Our sponsor side leveraged finance team advised Partners Group, one of the largest firms in the global private markets industry, on the financing for its acquisition, on behalf of its clients, of a majority stake in FairJourney Biologics. FairJourney Biologics is a leading antibody discovery Contract Research Organization supporting pharmaceutical and biotech companies working at the cutting edge of innovation to develop the next generation of antibody-based therapies. The team was led by sponsor side leveraged finance partners Neil Sinha (private equity sector lead (Europe)) and Nick Hallam, together with senior associate Tiffany Liow, associates Ramone Bedi and Jack Mellett and trainee Nicholas C H Ho. Read more here: https://ow.ly/2JNG50Tgbpr #AOShearman

Singapore’s status as a leading financial centre in Asia and regional hub for commodity trading, shipping, and increasingly, private capital activity has been founded on its mix of political stability, neutrality, and a sophisticated legal system. In this article, Singapore-based partners Rishi Hindocha and Prakash Raja Segaran highlight the key factors that make Singapore an attractive destination for international investors looking to tap into ASEAN’s dynamic markets and industries. Read their analysis here: https://lnkd.in/gBndbaMk #AOShearman

We are enhancing our restructuring capabilities with the strategic hire of Paolo Manganelli, who joins our team as restructuring lead in Italy. Katrina Buckley, global co-head of restructuring at A&O Shearman said, “we are delighted to have Paolo and his team join the Global Restructuring group. Their addition deepens our bench strength in Italy and increases our European restructuring coverage enabling us to deliver innovative restructuring solutions for our clients wherever they are located.” Read more: https://ow.ly/7kxa50Tcv3M #AOShearman #Restructuring

Our multijurisdictional team joined forces to advise Banking Circle in Luxembourg on the issuance of EURI, the first MiCA-regulated stablecoin issued and backed by a bank in the EU, trading on Binance since August 28, 2024.   The cross-border team was led from Luxembourg by financial regulatory services partner Baptiste AUBRY, senior associate Andrei Costica, associates Angeliki Kontodimos and Julien Frahi, global capital markets partner Paul Péporté and counsel Philippe Noeltner with support from our London and Paris teams, including Ben Regnard-Weinrabe (partner, London), Rory Copeland (associate, London), Mia Dassas (partner, Paris), Pauline Robin (senior associate, Paris) and Marina Valdez (associate, Paris).   Read more: 👉 https://lnkd.in/gj_YsmHf 👉 https://lnkd.in/eYQhPwzn

Throughout July and August, we've been on a remarkable journey diving into the essence of South Asian identity, embracing the threads of community, faith, and family that weave together to form the vibrant tapestry of our heritage. It's been a time of reflection and celebration, honoring the deep historical roots that each member brings to the table. Cultural reflections: • Amith's linguistic connection: discovering a slice of home in the UK, Amith stays connected to his roots through the melodious sounds of the Telugu language. • Maaya's dual heritage: Maaya holds her British Indian heritage close to her heart, celebrating the exuberance of Indian festivals that paint her world in a kaleidoscope of colors. • Piya's spiritual compass: from the heart of her Indian hometown, Piya draws inspiration from the profound teachings of Sikhism that guide her life's path. • Sanjeet's introspection: Sanjeet contemplates the essence of her British Panjabi Sikh identity, acknowledging its ever-present influence in her life. • Leela's culinary fusion: at the family dinner table, Leela presents a feast for the senses, blending the rich flavours of Sri Lankan Tamil and Bengali cultures. The stories and pictures shared by our South Asian colleagues from around the world have been nothing short of inspiring. Their personal journeys across the diverse cultures of South Asia highlight the unifying power of community, the richness of shared experiences, and the beauty of simply being yourself. Thank you to everyone who opened up about their lives, helping us all to appreciate our collective heritage. #AOShearman #SouthAsianHeritageMonth #DEI

As the Middle East and North Africa (MENA) region embarks on a transformative journey, the business landscape is being reshaped by the introduction of more stringent merger control and foreign investment regulations. This pivotal shift is steering the region towards a new chapter of economic development and corporate governance. Experts Hugh Hollman, Matthew Readings, Arianna Fletcher, and Suzanne N. have analyzed the emerging trends and regulatory changes sweeping across key MENA jurisdictions. Their insights, featured in Global Legal Insights - Merger Control 2024, shed light on the proactive measures being adopted by countries such as Saudi Arabia, Turkey, Egypt, Morocco, Kuwait, and the United Arab Emirates (UAE). These nations are not only enhancing their regulatory frameworks but also setting a precedent for others to follow. Discover more and stay ahead of the curve: https://ow.ly/IUt450T4Wqi #AOShearman #LegalInsights #MergerControl