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Tag Archives: IPO

Cornerstone Investments: A Foundation for Private Equity-Sponsored IPO Exits

Cornerstone investments can assist a firm’s overall exit objective, particularly when there are bidders for a portfolio company but no outright buyer. By James Inness, Tom Evans, David Walker, Sonica Tolani, Connor Cahalane, and Catherine Campbell Cornerstone investments, which involve taking a stake in an about-to-list company, have been popular in Asia and in Nordic countries for … Continue Reading

Could Spotify’s Direct Listing Process Be Used In Europe?

By James Inness and Sean Meehan Latham & Watkins recently advised the largest global music streaming subscription service in the world, Spotify, on its successful New York Stock Exchange (NYSE) listing using a novel direct listing process. Spotify’s direct listing did not involve a primary or secondary offer. In addition, no underwriters were appointed, no … Continue Reading
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