Germany: Capital Markets 2017
In this chapter, 29 individuals are listed for their expertise in debt and equity capital market transactions, advising issuers and underwriters in IPOs (especially on the Frankfurt Stock Exchange), secondary offerings including rights issues, placements and other debt and equity issuances.
|Most Highly Regarded Individuals|
|Stephan Hutter||Skadden Arps Slate Meagher & Flom, Frankfurt|
|Oliver Seiler||Allen & Overy, Frankfurt|
|Carsten Berrar||Sullivan & Cromwell, Frankfurt|
|Wolfgang Groß||Hengeler Mueller, Frankfurt|
|Rick van Aerssen||Freshfields Bruckhaus Deringer, Frankfurt|
Hengeler Mueller has one of the strongest equity capital markets team in the country with two names standing out in particular. Wolfgang Groß is “undoubtably first-tier”. He is very active in the market advising both issuers and underwriters on landmark equity offerings. Reinhold Ernst is similarly rated in this space by his peers, recently acting on IPOs for Deutsche Pfandbriefbank AG and EDAG Engineering Group AG. Hendrik Haag is highly recommended for his debt practice, regularly leading the firm’s team on debt issuances for major German clients.
Freshfields Bruckhaus Deringer has an impressive portfolio of German and international clients. Rick van Aerssen acts for a large share of these in IPOs and equity placements, including for Kabel Deutschland, Deutsche Lufthansa and Siemens. A client states, “He is extremely pragmatic and really pushes things forward.” Andreas König is regarded as “a very knowledgeable and experienced figure” in equity capital market transactions. Christoph Gleske is “a very clever and sophisticated transactional lawyer”, known for advising on both high-end equity and debt offerings.
Sullivan & Cromwell’s top-tier practice is spearheaded by several outstanding practitioners. The “first-rate” Carsten Berrar regularly handles equity and equity-linked issuances for issuers and underwriters, covering a large share of the major IPOs issued in the Frankfurt Stock Exchange, including for TLG Immobilien, Schaeffler and Deutsche Pfandbriefbank. Wolfgang Feuring is a longstanding fixture on major equity and debt offerings. One peer notes, “His practice is impressive and is to be respected.”
At Hogan Lovells, Michael Schlitt is well noted by respondents for his “very prominent” capital markets practice. A source remarks, “He is a very good lawyer, as well as being business-minded and client-orientated.”
Latham & Watkins’ recent hire Oliver Seiler is seen as “one of the best capital market practitioners in Germany”, with respondents placing him in the top five in our research.
Herbert Harrer of Linklaters is very well known for his equity capital markets practice. He is ever present on some of the most noteworthy IPOs issued in the Frankfurt Stock Exchange.
At Skadden Arps Slate Meagher & Flom, Stephan Hutter has a strong practice advising on equity offerings and debt financings for an impressive portfolio of German, Austrian and Swiss clients. He is considered a go-to foreign based expert for companies looking to list on the Vienna Stock Exchange.
Cleary Gottlieb Steen & Hamilton’s practice also stands out with Gabriele Apfelbacher garnering a high number of recommendations from respondents. Her prominent client list includes Deutsche Bank and JP Morgan Securities.