Davis Polk – ING Emerging Markets High Dividend Equity Fund Initial Public Offering

Davis Polk advised Morgan Stanley & Co. Incorporated, Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC, Wells Fargo Securities, LLC and Ameriprise Financial Services, Inc. as representatives of the several underwriters on the $385 million SEC-registered initial public offering of 19,250,000 shares of common stock of ING Emerging Markets High Dividend Equity Fund. The shares are listed on the New York Stock Exchange under the symbol “IHD.”

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DLA Piper Opens for Business in Australia

Leading global business law firm DLA Piper is opening for business in Australia today, following the integration of DLA Phillips Fox (Australia) and DLA Piper on 1 May. The integration of experienced and highly regarded Australian lawyers to the DLA Piper global network enhances the firm’s capacity and ability to provide local, in-depth knowledge on an international scale.

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Davis Polk – 21Vianet Group, Inc. Initial Public Offering and Nasdaq Listing

Davis Polk advised Morgan Stanley & Co. International plc, Barclays Capital Inc. and J.P. Morgan Securities LLC as joint bookrunners and representatives of the underwriters of the initial public offering by 21Vianet Group, Inc. (21Vianet) of 14,950,000 American Depositary Shares (ADSs), each representing six Class A ordinary shares of 21Vianet. The ADSs include 1,950,000 ADSs purchased by the underwriters pursuant to the exercise of their over-allotment option in full. Priced at US$15.00 per ADS, the gross proceeds of the offering were approximately US$224.3 million. The ADSs are listed on the NASDAQ Global Market under the symbol “VNET.”

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Simpson Thacher Represents Morgan Stanley As Financial Advisor to the ACG Committee of the General Partner of Duncan Energy Partners in $3.3 Billion Transaction with an Affiliate

The firm is representing Morgan Stanley as financial advisor to the Audit, Conflicts and Governance Committee of the general partner of Duncan Energy Partners L.P. (NYSE: DEP) in connection with the proposed merger of DEP with a subsidiary of Enterprise Products Partners L.P. (NYSE: EPD) pursuant to a unit-for-unit exchange.

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