Bech-Bruun has added to its capital markets and finance capacity in Copenhagen with the addition of a new partner.
David Moalam joins from Moalem Weitemeyer Bendtsen (MWB), where his focus was on equity capital markets, derivatives and regulatory matters. His addition brings the number of lawyers in Bech-Bruun's finance and capital markets practice to 18.
His recent experience includes acting for IQMoney on its share listing on GXG Markets; share buy back offers for North Media and Glunz & Jensen; and advising Cobham on the takeover of Thrane & Thrane.
Moalem only joined MWB in 2012 having previously worked at Deloitte Capital Markets. He received strong client recognition in the 2014 edition of the IFLR1000's Financial and corporate guide with one source saying: "Capital markets law is definitely one of his strengths, in that area he is really one of the experts in Denmark; very competent and easy to work with."
Speaking to the IFLR1000 Moalem highlighted the size of Bech-Bruun as one of the key selling points in regards to his decision to join: "Bech-Bruun thought it would be a good idea for me to join and I immediately saw the way the firm is moving is definitely in the right direction and it’s just a stronger platform; if you have you have 500 colleagues it’s easier to tap into their client base."
Of the firm's current position in the market he said that while Bech-Bruun has a good base it can still improve: "They have the competencies in place already there now. I bring further competencies and important clients both within listed companies and financial institutions; it’s a perfect match. They have a strong team already and they don’t get the credit they deserve."
Speaking about the market more generally Moalem said that he expected to see more equity capital markets work, specifically IPOs and also predicted a rise in regulatory mandates: "Capital markets has been rather slow in Denmark but I think most people expect that to improve this year and in the years to come with more IPOs in the market. The other thing is the financial services sector of financial institutions, they have a regulatory tsunami hitting the sector this year and that creates a lot of work for lawyers as well."
Steen Jensen head of finance and capital markets at Bech-Bruun said of the move: "I am very pleased that David is now joining our team. David's strong professional profile and client portfolio, not to mention his experience, add further strength to our advisory services for listed clients and other financial sector clients,"