Baker McKenzie advised Taylor Collison, Morgans Financial, National Australia Bank and Ord Minnett in their roles as joint lead managers for the flotation of the WAM Global listed investment company on the ASX. The Fund successfully raised A$466 million.
Duncan McGrath, partner in Baker McKenzie’s corporate team, acted on the transaction. Duncan said “It was a pleasure to have been involved on another successful flotation of a listed fund.”
Andrew Slucky (associate) and Sarah Lee (graduate lawyer) also acted on the transaction.
Duncan and Andrew recently acted on the flotation of L1 Long Short Fund as a listed investment company on the ASX and the flotation of Gryphon Capital Income Trust as a listed investment trust on the ASX. Duncan and Andrew also advised NAB and Westpac as joint lead managers on ME Bank’s $200 million perpetual capital addition tier 1 notes - this transaction was the first ever Basel III truly perpetual hybrid transaction in Australian and was nominated for an innovation award by The Financial Times in the Asia-Pacific region.
Baker McKenzie was recently ranked no.1 by Thomson Reuters for lead manager side equity capital markets transactions in Australia.