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03 May 2023

Stephenson Harwood advises Ashoka WhiteOak on £30.5 million IPO


Law firm Stephenson Harwood LLP has advised Ashoka WhiteOak Emerging Markets Trust (AWEM) on its successful raising of £30.5 million through the IPO of its ordinary shares.

AWEM is a new UK investment trust, which seeks to achieve long-term capital appreciation through investment primarily in quoted securities which provide exposure to global emerging markets. It is the first premium listed IPO in the investment companies space of the London Stock Exchange since November 2021, and the first listed equities-focused investment trust launched since 2018.

The Stephenson Harwood team was led by partner William Saunders, who was supported by managing associate Alan Sauvain.



William Saunders

William Saunders
Head of funds and financial services

T:  +44 20 7809 2138 M:  +44 7770 721 429 Email William | Vcard Office:  London

Alan Sauvain

Alan Sauvain
Managing associate

T:  +44 20 7809 2356 M:  +44 7730 753 769 Email Alan | Vcard Office:  London


Freddie Harrison

Senior communications & PR manager

T: +44 20 7809 2832 
Email Freddie

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