Sebastian Rice Quoted in International Financial Law Review on UK Private Equity
Contact:
Akin Gump partner Sebastian Rice was quoted in International Financial Law Review in the article “How to Revive UK Private Equity.”
On the topic of the Royal Bank of Scotland’s recent IPO of insurer Direct Line as a bellwether for the UK private equity market, Rice noted that while he hopes Direct Line will boost UK listings, it is difficult for one deal to signal a market’s return. He stated, “I’m slightly skeptical of IPOs being an immediate solution. We’ve been waiting so long for the market to come roaring back, and I’m not sure that one listing can change everything so dramatically.”
People Mentioned in This News
© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.