Cleary Gottlieb Steen & Hamilton brings a wealth of knowledge across the full spectrum of capital markets transactions, with the New York-based team particularly noted for its experience in international IPOs, SPAC-related matters and broader cross-border offerings. Jeffrey Karpf represents issuers, sponsors and investment banks in IPOs and other public and private offerings of equity, debt and convertible securities. David Lopez focuses on liability management matters including issuer self-tenders, exchange offers, consent solicitations and open market repurchase strategies. Craig Brod is recognized for his work on SEC reporting and crisis management situations, while Adam Fleisher regularly advises alternative asset managers on succession planning, governance, firm restructurings and private placements. Adam Brenneman departed the firm in May 2025, Ilir Mujalovic and Harald Halbhuber joined the team in February 2026 from A&O Shearman.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The capital markets team at Cleary is very knowledgeable with broad experience. Anything that comes up, they've seen and handled before. In that regard, they are very proactive in providing advice and identifying potential issues. More importantly, they are always available.'
- 'The team is always staffed appropriately, with the proper skill sets. They are very responsive, even anticipatorily, of client needs.'
Key clients
- Lennar Corporation
- Sony
- Titan America
- Arthur J. Gallagher & Co.
- Citigroup Inc.
- Corebridge Financial, Inc.
- Elbit Systems Ltd.
- Consolidated Edison, Inc.
- BBB Foods Inc.
- LATAM Airlines Group S.A.
- Bank of New York Mellon Corporation
- Sotera Health Company
Work highlights
Advised Lennar Corporation on the taxable spin-off of Millrose Properties Inc., completed through the distribution of approximately 80% of Millrose’s outstanding shares to Lennar’s stockholders.
Advised Sony Group Corporation in its spin-off of Sony Financial Group, through a distribution of over 80% of Sony FG’s total outstanding shares to Sony’s stockholders.
Advised Titan America SA and its parent company and sole shareholder, Titan Cement International SA, on Titan America’s $384 million initial public offering.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Other key lawyers
Jeffrey Karpf; David Lopez; Craig Brod; Adam Fleisher; Ilir Mujalovic; Harald Halbhuber