Stephenson Harwood has advised Coupland Cardiff on the successful IPO of its listed Japanese equities investment trust.

The new investment trust, CC Japan Income & Growth Trust plc, will invest in the equities of Japanese listed companies. At launch it will be the only listed dedicated Japanese equity income investment trust.

Managed by Coupland Cardiff Asset Management LLP, an award winning Asian/Japanese investment management firm, the new trust aims to provide shareholders with dividend income combined with capital growth.

Stephenson Harwood advised on all the UK legal and regulatory issues regarding the transaction.

The Stephenson Harwood team was led by corporate partner William Saunders. He was supported by corporate associate Kate Longman and trainee Jessica Harris.