New York, NY (March 10, 2021) – Fenwick immediately introduced that Per Chilstrom and Michael Pilo are becoming a member of the corporate as Capital Markets Companions in its New York workplace.
Chilstrom and Pilo deliver intensive expertise representing expertise and life science firms and funding banks in a full vary of capital markets and public affairs transactions.
“Fenwick is in an thrilling interval of development with product sales up 45% over three years, pushed by demand from our expertise and life science clients,” mentioned Fenwick President, Richard Dickson. “We’re investing to satisfy this rising demand now and in the long run, and Per and Michael are strengthening our long run trajectory, significantly within the New York market.”
“The arrivals of Per and Michael come as we increase and speed up our monetary markets and public firm providers to satisfy consumer demand,” mentioned Alan Smith, president of the company apply of Fenwick. “The second half of 2020 has been the busiest six months for the tech and life sciences IPO house since Fenwick began monitoring knowledge in 2012, and the market seems poised for. a post-pandemic increase.
“This displays what we see in our practices, as purchasers search for alternate options to entry the monetary markets, whether or not by means of IPOs, direct listings or a merger with a PSPC – all of this. creates a really dynamic taking part in area for our monetary markets. workforce, ”famous Smith.
Chilstrom has intensive expertise advising massive companies and monetary establishments within the expertise and life sciences industries. His apply focuses on US and cross-border capital markets providers, advising issuers and underwriters on private and non-private fairness and debt choices – together with convertible and excessive yield bonds – and transactions involving particular objective acquisition firms.
Pilo focuses its apply on advanced company transactions, with a specific emphasis on representing issuers and funding banks within the life sciences and expertise sectors in reference to transactions within the markets of private and non-private capital, resembling preliminary public choices, excessive yield bond choices, personal placements of equities and debt securities, and specialised finance transactions involving PSPCs. He frequently advises public firm purchasers and their advisors on issues resembling compliance with securities legal guidelines, company governance practices and disclosure necessities.
“Fenwick’s platform and market place current huge alternatives to develop my monetary markets apply,” mentioned Chilstrom. “My background within the fields of expertise and life sciences is intently linked to the actual objective of the corporate in these fields. I’m delighted to hitch the New York workplace and assist the corporate proceed its unbelievable development within the area. “
“I’m delighted to hitch Fenwick and be a part of such a dynamic workforce in monetary markets and public firms,” mentioned Pilo. “Fenwick has distinctive assets and capabilities throughout all practices throughout the expertise and life sciences industries, and its collaborative tradition gives its purchasers with thrilling alternatives to evolve as they develop.”
Chilstrom and Pilo bolster Fenwick’s monetary markets and public firms workforce, which is frequently concerned in a number of the prime IPOs and different excessive profile fairness choices within the tech and life sciences industries. The workforce was named Monetary Markets Group of the Yr by Law360 and is one among California’s main capital markets firms Chambers USA.
Chilstrom and Pilo are the newest companions to hitch Fenwick’s New York workplace, which is approaching the fifth anniversary of its opening. The workplace shortly grew to 85 legal professionals and 140 staff in complete, and was lately listed amongst Worry 2020 Greatest Locations to Work in New York for the second yr in a row – and was the one regulation agency within the prime 10.
Fenwick IPO Investigation and Report
Fenwick launched its semi-annual report and evaluation of the IPO panorama based mostly on a survey of 366 executives and buyers within the tech and life sciences industries performed in January 2021. The outcomes – milestones of 2020 to 2021 prospects – are shared within the customized report: IPO Panorama: The Rise of PSPCs and a Coming Pandemic Increase.
Fenwick gives complete authorized providers to main expertise and life science firms – at each stage of their lifecycle – and to the buyers who associate with them. We develop progressive, value efficient and sensible options in areas starting from enterprise capital, public choices, joint ventures, mergers and acquisitions and strategic relationships, mental property, litigation and dispute decision, taxation, antitrust legal guidelines and labor and employment regulation. For greater than 4 many years, Fenwick has helped a number of the world’s most acknowledged firms change into and stay market leaders. For extra info, please discover fenwick.com.