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PlacementTracker Publishes First Half 2015 PIPE Market League Tables

San Diego, July 08, 2015 (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 during the first half of 2015.

A total of $23.5 billion was raised in 467 transactions through the first half of 2015. Of this amount, 5 transactions totaling $453 million have been announced but not yet closed as of 07/06/15.

We congratulate all of the active members of the PIPE community who have continued their momentum into 2015. Most of these firms are long-time clients of PlacementTracker, and we are dedicated to providing them with access to the very best data and analytics available in our industry.

Most Active Participants Include:

The First Half 2015 U.S. PIPE Market
Investment Banking League Table By Number of Transactions:

Placement Agent Name Transaction Count Total Amount Placed
H.C. Wainwright & Co., LLC 36 $ 780,163,427
Roth Capital Partners, LLC 32 $ 753,638,623
Maxim Group LLC 23 $ 558,494,611
Cowen and Company, LLC 20 $ 680,280,983
Jefferies & Company, Inc. 14 $ 1,597,787,800
Piper Jaffray & Co. 13 $ 590,388,047
Chardan Capital Markets 12 $ 80,815,915
Aegis Capital Corporation 9 $ 191,262,563
Craig-Hallum Capital Group LLC 9 $ 167,507,339
Northland Securities, Inc. 9 $ 67,232,453
Ladenburg Thalmann & Co., Inc. 8 $ 141,248,935
Laidlaw & Company (UK) Ltd. 8 $ 67,656,107
Barclays Capital, Inc. 7 $ 866,405,522
Raymond James & Associates Inc. 7 $ 287,847,774
National Securities Corporation 7 $ 74,588,017
William Blair & Company, LLC 6 $ 289,714,301
Sandler O'Neill & Partners, L.P. 6 $ 234,720,000
MLV & Co. LLC 6 $ 174,394,939
Dawson James Securities, Inc. 6 $ 45,790,749
JMP Securities LLC 5 $ 381,994,998
Stifel Nicolaus Weisel 5 $ 238,793,734
Oppenheimer & Co. Inc. 5 $ 187,359,998
Canaccord Genuity Inc. (US) 5 $ 164,858,748
Cantor Fitzgerald & Company 5 $ 136,825,559
RBC Capital Markets, Inc. 4 $ 167,269,313

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 07/06/2015.

The First Half 2015 U.S. PIPE Market
Healthcare Sector Investment Banking League Table By Number of Transactions:

Placement Agent Name Transaction Count Total Amount Placed
H.C. Wainwright & Co., LLC 28 $ 739,589,115
Roth Capital Partners, LLC 22 $ 699,403,862
Maxim Group LLC 21 $ 469,504,608
Piper Jaffray & Co. 12 $ 535,388,047
Cowen and Company, LLC 11 $ 553,955,983
Jefferies & Company, Inc. 11 $ 553,912,800
Laidlaw & Company (UK) Ltd. 7 $ 61,685,062
JMP Securities LLC 6 $ 395,041,871
William Blair & Company, LLC 6 $ 289,714,301
Oppenheimer & Co. Inc. 6 $ 214,359,914
Ladenburg Thalmann & Co., Inc. 6 $ 150,833,487
Leerink Swann, LLC 5 $ 623,246,532
Stifel Nicolaus Weisel 5 $ 238,793,734
Aegis Capital Corporation 5 $ 180,762,563
MLV & Co. LLC 5 $ 172,394,939
Dawson James Securities, Inc. 5 $ 44,155,749
RBC Capital Markets, Inc. 4 $ 167,269,313
Canaccord Genuity Inc. (US) 4 $ 129,758,748
Cantor Fitzgerald & Company 4 $ 126,825,559
Raymond James & Associates Inc. 4 $ 122,247,774
Craig-Hallum Capital Group LLC 4 $ 89,515,979
Wedbush PacGrow Life Sciences 3 $ 176,731,369
Guggenheim Securities, LLC 3 $ 172,179,996
Brean Capital, LLC 3 $ 126,462,498
WBB Securities, LLC 3 $ 113,677,750

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 07/06/15.

The First Half 2015 U.S. PIPE Market
Institutional Investor League Table By Number of Transactions:

Investor Name
Transaction Count
Total Amount Invested
Sabby Management, LLC 19 $ 20,440,000
Broadfin Capital, LLC 18 $ 14,629,817
Millennium Management, LLC 17 Not Disclosed
Heights Capital Management, Inc. 16 $ 2,526,323
Empery Asset Management LP 14 $ 22,272,054
LH Financial Services Corporation 11
$ 11,850,807
DAFNA Capital Management, LLC 10 $ 1,244,999
Bank of New York 10 Not Disclosed
Citadel Advisors, LLC 10 Not Disclosed
Perceptive Advisors, LLC 9 $ 6,430,394
Franklin Templeton Group 8 $ 7,500,000
Fidelity Management & Research Corporation 8 $ 100,000
Baker Brothers Advisors, LLC 7 $ 44,391,619
Hudson Bay Capital Management L.P. 7 $ 26,753,025
RA Capital Management, LLC 7 $ 11,885,005
UBS O'Connor LLC 7 $ 7,500,000
Venbio Select Advisor LLC 7 $ 4,649,999
Alyeska Investment Group, L.P. 7 Not Disclosed
Deerfield Management 6 $ 32,999,997
Wolverine Asset Management 6 $ 16,534,028
Cormorant Asset Management, LLC 6 $ 3,263,251
Equitec Group, LLC 6 $ 350,000
AWM Investment Management (MGP Advisors, LLC) 6 $ 249,996
Iroquois Capital L.P. 5 $ 13,824,375
Brio Capital Management LLC5$1,477,375

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 07/06/15.

The First Half 2015 PIPE Market
Issuer Counsel League Table By Number of Transactions:

Legal Counsel Transaction Count Total Amount Advised
Cooley LLP 10 $ 249,178,899
Greenberg Traurig, LLP 9 $ 102,170,443
DLA Piper 8 $ 338,161,665
Goodwin Procter, LLP 7 $ 139,427,271
Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC 7 $ 105,552,775
Latham & Watkins, LLP 6 $ 128,775,246
Haynes and Boone, LLP 6 $ 105,066,472
Norton Rose Fulbright 6 $ 90,234,500
Paul Hastings LLP 6 $ 76,621,125
Sichenzia Ross Friedman Ference, LLP 5 $ 103,927,995
Morrison & Foerster, LLP 5 $ 65,330,002
Wilmer Cutler Pickering Hale & Dorr, LLP 4 $ 194,995,000
Alston & Bird, LLP 4 $ 156,764,276
Wyrick Robbins Yates & Ponton, LLP 4 $ 122,662,488
Morgan, Lewis & Bockius, LLP 4 $ 105,952,303
K&L Gates LLP 4 $ 101,338,019
Pillsbury, Winthrop, Shaw & Pittman, LLP 4 $ 90,339,993
Dorsey & Whitney, LLP 4 $ 74,659,251
Ellenoff Grossman & Schole LLP 4 $ 8,700,311
Vinson & Elkins, LLP 3 $ 1,230,729,854
Skadden, Arps, Slate, Meagher & Flom, LLP 3 $ 332,829,000
Akerman LLP 3 $ 170,566,792
Willkie, Farr & Gallagher 3 $ 159,040,229
TroyGould PC 3 $ 119,049,999
Ropes & Gray 3 $ 115,680,565

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 07/06/15.

The First Half 2015 PIPE Market
Investor Counsel League Table By Number of Transactions:

Legal Counsel Transaction Count Total Amount Advised
Schulte Roth & Zabel, LLP 59 $ 4,252,156,046
Kelley Drye & Warren, LLP 7 $ 46,418,053
Ellenoff Grossman & Schole LLP 6 $ 12,342,671
Greenberg Traurig, LLP 5 $ 55,612,539
Skadden, Arps, Slate, Meagher & Flom, LLP 3 $ 1,296,000,000
Paul Hastings LLP 3 $ 97,500,000
Latham & Watkins, LLP 3 $ 45,000,000
Kirkland & Ellis 2 $ 1,000,000,000
Davis Polk & Wardwell 2 $ 659,000,000
Willkie, Farr & Gallagher 2 $ 136,123,942
Fried, Frank, Harris, Shriver & Jacobson 2 $ 39,667,959
Wachtell, Lipton, Rosen & Katz 2 $ 32,200,000
Carey Olsen 2 $ 24,999,976
Lowenstein Sandler LLP 2 $ 18,084,963
Haynes and Boone, LLP 2 $ 16,989,740
Peter J. Weisman, PC 2 $ 9,318,056
Grushko & Mittman, PC 2 $ 7,500,000
Baker Botts, LLP 1 $ 4,300,000,000
Thompson & Knight, LLP 1 $ 440,000,000
Sullivan & Cromwell 1 $ 250,000,000
Weil, Gotshal & Manges, LLP 1 $ 150,000,000
Torys, LLP 1 $ 83,421,000
Paul, Weiss, Rifkind, Wharton & Garrison 1 $ 75,000,000
Gibson, Dunn & Crutcher, LLP 1 $ 24,813,000
Zhong Lun Law Firm 1 $ 20,000,000

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 07/06/15.

The First Half 2015 PIPE Market
Placement Agent Counsel League Table By Number of Transactions:

Legal Counsel
Transaction Count Total Amount Advised
Ellenoff Grossman & Schole LLP 35 $ 248,977,920
Goodwin Procter, LLP 15 $ 450,337,250
Lowenstein Sandler LLP 9 $ 109,040,128
Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC 6 $ 277,381,006
Latham & Watkins, LLP 6 $ 258,727,814
Faegre Baker Daniels LLP 6 $ 32,703,786
Cooley LLP 5 $ 261,899,992
Sichenzia Ross Friedman Ference, LLP 4 $ 40,064,502
Graubard Miller 4 $ 18,365,447
Covington & Burling 3 $ 142,056,250
LeClairRyan, PC 3 $ 95,828,997
Proskauer Rose, LLP 3 $ 53,454,998
Reed Smith, LLP 3 $ 48,165,250
Duane Morris, LLP 3 $ 12,894,348
Gibson, Dunn & Crutcher, LLP 2 $ 69,352,808
K&L Gates LLP 2 $ 45,999,995
Torys, LLP 2 $ 37,374,997
Loeb & Loeb, LLP 2 $ 35,467,750
Nelson Mullins Riley & Scarborough, LLP 2 $ 26,612,500
Cranmore, FitzGerald & Meaney 2 $ 17,000,000
Kendall, Koenig & Oelsner, PC 1 $ 650,000,000
Vinson & Elkins, LLP 1 $ 500,000,000
Ropes & Gray 1 $ 237,475,000
Dechert, LLP 1 $ 87,400,000
Morrison & Foerster, LLP 1 $ 80,500,000

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 07/06/15.

About PlacementTracker

PlacementTracker, a flagship product of Sagient Research Systems, is well recognized as the leading provider of research, data, and analytics covering 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. In 2012, Sagient was acquired by Informa Plc (LON:INF).

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

Mike Kotecki 858-200-2370

Source: Sagient Research Systems