Davis Polk partner and Capital Markets practice co-head John Meade was quoted in Law360 on deal activity throughout the year and the 2024 outlook.

John described this year’s market as “better than 2022, but choppy and meager overall.”

When asked about his predictions and outlook for the IPO market next year, John noted, “We saw more new IPO processes start in the fourth quarter of ‘23 than we did in the fourth quarter of ‘22, which leads me to think that there’s at least a desire to be ready if 2024 presents a market opportunity.”

Choppy Conditions Tripped Up Capital Markets Again In 2023,” Law360 (December 20, 2023) (subscription required)