With 'expertise rendering it superior', BonelliErede's equity capital markets (ECM) team acts for both listed and regulated companies. It has longstanding experience in assisting issuers, placement banks, and selling shareholders with high-profile deals. Its ECM service includes IPOs, capital increases, public tender offers and takeover bids, and remuneration  plans. Vittoria Giustiniani leads the capital markets team, which includes capital markets specialists Barbara Napolitano, Alessandra Piersimoni and Silvia Romanelli, along with Gianfranco Veneziano and Federico Vermicelli. Managing associates Federica Munno and Elisabetta Bellini provide key support.

Consistently acting on the market's most significant ECM deals, Chiomenti's multidisciplinary team has longstanding experience in IPO transactions, rights issues, tender and exchange offers, public offerings of shares, capital increases and rights issues, convertible and other equity-linked securities, and private placements. Manfredi Vianini Tolomei heads the listed companies, corporate governance and capital markets department, and Federico Amoroso (a partner since 2018) is a financial markets expert. In 2020, Giovanni Filippo Pezzulo was appointed managing counsel, while former partner Enrico Giordano became of counsel. Maria Carmela Falcone is the senior associate to note.

At the forefront of the equity markets, Clifford Chance covers the whole range of ECM products, including IPOs, privatisations, rights issues, exchangeable and convertible bonds, and block trades. A member of the firm's global capital markets leadership group, Filippo Emanuele co-heads the finance and capital markets practice. Paolo Sersale's broad practice includes complex ECM transactions. Stefano Parrocchetti Piantanida, who regularly advises on capital strengthening operations and IPOs, and US law expert Laura Scaglioni  are experienced counsels. Jonathan Donald Astbury is the senior associate to note. Alberta Figari left the firm in 2021.

White & Case LLP Italy's large US, English and Italian capital markets team in Italy covers the gamut of ECM instruments, including IPOs, rights issues, secondary offerings, accelerated bookbuilds, private investments in public equity, and equity-linked products (including exchangeable and convertible bonds). The group's partners include: Ferigo Foscari, who is regularly involved in high-end domestic and cross-border mandates; Michael Immordino, who works across the London and Milan offices, and Piero de Mattia, who has approximately 20 years' ECM experience. Robert Becker is a key associate.

Gatti Pavesi Bianchi Ludovici regularly acts in significant Italian takeover bids, IPOss and securities placement transactions. The practice also fields experts in the creation and listing of special purchase acquisition companies (SPACs) and has specific industry sector expertise in financial institutions, fashion, food and healthcare. Managing partner Stefano Valerio and Vanessa Sobrero are SPAC specialists, Anton Carlo Frau is an ECM expert, and Rossella Pappagallo assists with the regulation of listed issuers. Maximiliano Papini is an experienced senior associate.

Acting on both Italian and US law matters, Latham & Watkins LLP's Italian capital markets team is led by highly rated partner Antonio Coletti, while the US group includes Jeff Lawlis and Ryan Benedict, who divides his time between the firm's Milan and London offices. The practice was recently active in relation to large, cross-border transactions, including IPOs and a mandatory tender offer and public takeover that included a subsequent delisting. Isabella Porchia is the counsel to note.

Particularly focused on cross-border transactions, DLA Piper's Italian ECM practice assists financial institutions and issuers with a range of equity deals, such as IPOs (including special purpose acquisition company IPOs), rights issues, tender offers, secondary, offerings, and convertible, equity-linked and hybrid instruments. Francesco Maria Aleandri has extensive experience in the ECM sector.

Legance - Avvocati Associati's ECM team has substantial experience in both MTA Market and AIM Market listings. It has also developed a specific focus on the automotive, oil, energy and real estate sectors. Giorgio Vanzanelli's experience includes IPOs, share capital increases, equity secondary offerings, convertible bond issues and public tender offers. Alberta Figari was a new arrival in 2021.

Assisting issuers, selling shareholders and intermediaries, Nctm Studio Legale's ECM practice advises on IPOs, private placements and listing procedures on Italy's stock exchanges. Department head Lukas Plattner handles a broad range of ECM issues, while Alessandra Stabilini's practice includes tender offers and rights issues. Andrea Iovieno was promoted to salary partner in 2019.

Dentons' scope of practice covers private placements, public offerings, financial instruments' admission to trading, and takeover bids. The team also advises on corporate governance and the capital markets aspects of restructuring transactions and cross-listing procedures. ECM expert Antonella Brambilla is capital markets practice head.

With 'deep market knowledge', Gattai Minoli Agostinelli & Partners' 'very commercial' ECM department is led by Nicola Brunetti. Focusing on domestic and cross-border ECM work, Brunetti has extensive experience in high-profile IPOs, takeovers of public companies, rights issues, and SPAC listings.

Highly regarded for his advice to issuers and underwriters on international and domestic ECM transactions, Giovannelli e Associati Studio Legale's Andrea Bartolucci 's experience includes first-time listings and IPOs, as well as rights issues. Fabrizio Scaparro's broad practice also includes ECM work.

Fielding a respected Italian, US and UK team in Italy, Shearman & Sterling LLP's European capital markets partner, Tobia Croff, advises financial institutions and corporations on transactions involving the issuance of equity, such as IPOs and rights offerings. Emanuele Trucco  provides counsel-level support.