We are inviting applications from 1-2 years’ PQE (2^nd or 3^rd year associate, in US terminology) who have experience on equity capital markets transactions.

Cleary has advised on a number of high-profile ECM transactions in recent years, including on the London-listed side:

• The National Investment Fund of the Republic of Uzbekistan (UzNIF), as issuer, and the Ministry of Economy and Finance of the Republic of Uzbekistan, as selling shareholder, on UzNIF's landmark IPO and dual listing of global depositary receipts (GDRs) on the London Stock Exchange and ordinary shares on the Tashkent Stock Exchange in May 2026. The deal marked several milestones, being the first global equity offering (and first London listing) by an Uzbek company, the first major London IPO of 2026, and the first GDR listing under the revised UK Listing Rules.
  
  
•  Canal+ on its listing on the London Stock Exchange in connection with its spin-off from Vivendi. The listing was one of the first under the FCA’s new listing rules published in July 2024 and the largest London IPO in more than two years.
  
  
• Samsung on its direct listing of GDRs representing non-voting preference shares on the London Stock Exchange.
  
  
•  ACG Metals Limited (ACG), previously ACG Acquisition Company Limited – a London-listed SPAC – on its acquisition of the Gediktepe mine in Türkiye from a subsidiary of Istanbul-based conglomerate Çalik Holding, and re-admission to trading on the London Stock Exchange. The acquisition was the first London-listed de-SPAC to complete under the FCA’s new SPAC regime.
  
  
• An anchor investor in its c.$240 million funding (by way of equity and warrant finance) of the $1.85 billion acquisition of ASP Acuren Holdings Inc. by Admiral Acquisition Limited, a London-listed SPAC. 

Cleary’s London capital markets practice acts as the English law hub for its global capital markets team, and candidates can expect to work on matters involving issuers from across the world.

Unlike many other firms, Cleary’s London capital markets practice opposites as a single integrated team with respect to UK / European and US securities laws, as well as equity and debt.

This breadth is best illustrated by the team’s recently published London Capital Markets Execution Handbook, practical guide covers key workstreams arising in equity and debt capital markets transactions, with UK and U.S. perspectives side by side, available at: https://www.clearygottlieb.com/news-and-insights/publication-listing/london-capital-markets-ecm-and-dcm-execution-handbook.

This role presents an exciting proposition for the following reasons:

•  The chance to work on UK / European and US aspects of transactions with a US angle (either SEC-registered or with a 144A tranche).

• The ability to develop experience and expertise on debt (investment grade and high yield) as well as equity transactions.

• The opportunity to work closely with US and UK capital markets partners in a close-knit team with a deep experience of the Firm. Each of the four London capital markets partners has spent their entire career at Cleary.

We're looking for an associate who has had good levels of responsibility, well developed drafting and negotiation skills and who is enthusiastic about the practice of law in a dynamic international practice.