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O’Melveny’s Walker Quoted in Asian Legal Business on Private Investment in ChinaOctober 31, 2014 O’Melveny & Myers partner Walker Wallace is quoted in “Private Interest,” an article in the October 2014 issue of Asian Legal Business. The piece highlights the highly successful initial public offering of e-commerce giant Alibaba in the US, which ultimately raised US$25 billion and demonstrated the sizable gains to be made from investing in the Chinese technology, media, and telecoms sector.
“Alibaba IPO was an exceptional case, but otherwise the returns for investors even with small amounts have often been very attractive,” Wallace said in the article, adding that the telecom, internet, life sciences, and consumer sectors have been popular among private equity investors.
Wallace is a member of O’Melveny’s Mergers and Acquisitions Practice and resides in the Firm’s Shanghai office.