PlacementTracker Publishes Third Quarter 2014 PIPE Market League Tables

San Diego, Oct. 8, 2014 (GLOBE NEWSWIRE) -- PlacementTracker, the leading source for data and analysis to institutions in the PIPE market, today announced the most active investment banks, investors, and law firms in the U.S. PIPE market through the third quarter of 2014.

Through the end of Q3, a total of $24 billion was raised in 674 transactions in the U.S. PIPE market. Of this amount, 7 transactions totaling $1.1 billion have been announced but not yet closed as of 10/03/14. 

With deal volume and dollars raised continuing to outpace 2013, the market is also seeing some interesting changes. The trend towards registered offerings that participants have seen over the past five years seems to have reversed course to some extent, with the majority of growth coming from traditional unregistered deals. 

Most Active Participants Include:

• H.C. Wainwright & Co., LLC  as the number one most active investment bank
• Millennium Management, LLC as the number one most active institutional investor
• Sichenzia Ross Friedman Ference, LLP  as the number one most active issuer counsel
• Schulte Roth & Zabel, LLP as the number one most active investor counsel
• Ellenoff Grossman & Schole LLP  as the number one most active placement agent counsel

The Q3 2014 U.S. PIPE Market Investment Banking League Table By Number of Transactions:

Investment Banking rankings exclude all 144-A Offerings,  Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the Pink Sheets.  On transactions where an investment banking firm has acted solely as Financial Advisor, that transaction has been excluded from that firm's ranking.  Co-agented transactions award full transaction credit to all agents participating (regardless of status of lead agent or co-agent).  Data is for closed and definitive agreement transactions reported as of 10/03/14.

The Q3 2014 U.S. PIPE Market Investment Banking League Table By Total Amount Placed:

Investment Banking rankings exclude all 144-A Offerings,  Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the Pink Sheets.  On transactions where an investment banking firm has acted solely as Financial Advisor, that transaction has been excluded from that firm's ranking.  Co-agented transactions award full transaction credit to all agents participating (regardless of status of lead agent or co-agent).  Data is for closed and definitive agreement transactions reported as of 10/03/14.

The Q3 2014 U.S. PIPE Market Institutional Investor League Table By Number of Transactions:

Investor rankings exclude all 144-A Offerings, Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the Pink Sheets.  Investors classified as Corporate Investors and Insurance Companies have been excluded from this ranking.  Data is for closed and definitive agreement transactions reported as of 10/03/14.

The Q3 2014 PIPE Market  Issuer Counsel League Table By Number of Transactions:

Legal counsel rankings exclude all 144-A Offerings, Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the Pink Sheets.  Data is for closed and definitive agreement transactions reported as of 10/03/14.

The Q3 2014 PIPE Market Investor Counsel League Table By Number of Transactions:

Legal counsel rankings exclude all 144-A Offerings, Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the Pink Sheets.  Data is for closed and definitive agreement transactions reported as of 10/03/14.

The Q3 2014 PIPE Market Placement Agent Counsel League Table By Number of Transactions:

Legal counsel rankings exclude all 144-A Offerings, Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the Pink Sheets.  Data is for closed and definitive agreement transactions reported as of 10/03/14.

About PlacementTracker PlacementTracker, a flagship product of Sagient Research Systems, is well recognized as the leading provider of research, data and analytics on the PIPE market (Private Investment in Public Equity). With data on every private placement since January 1, 1995, PlacementTracker's web-based platform provides subscribers with an easy to use, comprehensive means to: evaluate PIPE transactions & investors, perform quick transaction pricing, identify potential issuers and investors, and compile comparable transaction, investor & agent statistics. PlacementTracker's dynamically updating League Tables are available online at: http://www.placementtracker.com/leaguetables.cfm.

About Sagient Research Systems Sagient Research Systems is a publisher of specialized research and data. They develop and sell proprietary research products to global enterprises, including investment banks, mutual and hedge funds, pharmaceutical companies, academic institutions, and government agencies.  In each of 2007, 2008, 2009, 2010, and 2012 Sagient Research was named to the Inc. 5000 list of fastest growing companies.  

For more information, please visit the Sagient Research Systems website at www.sagientresearch.com.

A photo accompanying this release is available at:http://www.globenewswire.com/newsroom/prs/?pkgid=28251

CONTACT: Mike Kotecki
         858-200-2370

You May Also Be Interested In

• Inventurus Knowledge Solutions completes TruBridge acquisition at $26.25 a share
• Shutterstock and Getty Images merger terminated after CMA conditions
• Two Hands Corporation Confirms Completion of Voluntary Delisting from the Canadian Securities Exchange and Provides Update on Quantum-Focused Corporate Name Change