Davis Polk partner and Capital Markets practice global chair Richard Truesdell was quoted in the Financial Times discussing the outlook for the IPO market for the remainder of the year and when there might be a window of opportunity for companies to list.

“It’s been a little bit of an emotional rollercoaster,” Richard noted. “My optimism from a few weeks ago has now turned to thinking the IPO window won’t reopen until March 2024.”

“New listing flops drain optimism for IPO market revival,” Financial Times (October 31, 2023) (subscription required)

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