Davis Polk partner Roshni Banker Cariello was quoted in the Financial Times on the current state of the IPO market. Roshni said that the first movers are expected to come from the relatively lower-risk end of the pipeline, larger companies and “marquee names or those with stronger fundamentals rather than just growth stories.”

Corporate lawyers take it easy as US IPO market dries up,” Financial Times (August 9, 2022) (subscription required)