PlacementTracker Publishes Third Quarter 2015 PIPE Market League Tables

San Diego, Oct. 07, 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 through the third quarter of 2015.

Through the end of Q3, a total of $45.4 billion was raised in 685 transactions. Of this amount, 9 transactions totaling $304 million have been announced but not yet closed as of 10/05/2015.

We congratulate all of the active members of the PIPE community who have continued their momentum throughout 2015 so far.  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 Q3 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                           45 $   932,635,963
Roth Capital Partners, LLC 43 $   884,999,198
Cowen and Company, LLC 31 $   1,344,590,341
Maxim Group LLC 27 $   621,144,370
Jefferies & Company, Inc. 21 $   2,166,641,246
Piper Jaffray & Co. 20 $   890,481,790
Chardan Capital Markets 18 $   217,137,119
Ladenburg Thalmann & Co., Inc. 15 $   246,797,871
Aegis Capital Corporation 14 $   233,838,767
Craig-Hallum Capital Group LLC 12 $   175,578,890
Northland Securities, Inc. 11 $   99,667,474
Stifel Nicolaus Weisel 10 $   675,323,735
Barclays Capital, Inc. 9 $   1,182,285,092
JMP Securities LLC 9 $   816,883,744
William Blair & Company, LLC 9 $   571,464,308
Raymond James & Associates Inc. 9 $   389,654,224
MLV & Co. LLC 9 $   300,317,464
Oppenheimer & Co. Inc. 9 $   287,191,873
RBC Capital Markets, Inc. 8 $   506,019,320
Sandler O’Neill & Partners, L.P. 8 $   281,320,000
Janney Montgomery Scott, Inc. 8 $   272,546,632
Canaccord Genuity Inc. (US) 8 $   215,679,647
Laidlaw & Company (UK) Ltd. 8 $   68,876,104
Robert W. Baird & Co. 7 $   496,337,048
National Securities Corporation                                 7 $   74,588,017

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 OTC Markets.  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 10/05/2015.

The Q3 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                           34 $   840,111,651
Roth Capital Partners, LLC  30 $   763,283,836
Maxim Group LLC  24 $   529,649,106
Cowen and Company, LLC  18 $   1,134,822,238
Piper Jaffray & Co.  18 $   795,474,290
Jefferies & Company, Inc.  17 $   997,766,246
Stifel Nicolaus Weisel  10 $   675,323,735
JMP Securities LLC  9 $   789,923,117
William Blair & Company, LLC  9 $   571,464,308
MLV & Co. LLC  9 $   315,317,464
Ladenburg Thalmann & Co., Inc.  9 $   177,908,237
Oppenheimer & Co. Inc.  8 $   263,191,789
Leerink Swann, LLC  7 $   716,287,577
RBC Capital Markets, Inc.  7 $   449,019,320
Laidlaw & Company (UK) Ltd.  7 $   61,685,062
LifeSci Capital, LLC  6 $   246,442,795
Aegis Capital Corporation  6 $   209,541,313
Janney Montgomery Scott, Inc.  6 $   189,148,128
Chardan Capital Markets  6 $   164,522,075
Wedbush PacGrow Life Sciences  5 $   310,022,411
Guggenheim Securities, LLC  5 $   288,430,001
Brean Capital, LLC  5 $   234,462,506
Cantor Fitzgerald & Company  5 $   173,083,997
Raymond James & Associates Inc.  5 $   152,497,774
Canaccord Genuity Inc. (US)                                     5 $   129,579,647

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 OTC Markets.  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 10/05/15.

        The Q3 2015 U.S. PIPE Market Institutional Investor League Table
By Number of Transactions:

Investor Name Transaction Count   Total Amount Invested
Sabby Management, LLC 41 $   71,055,401
Millennium Management, LLC 31  Not Disclosed
Heights Capital Management, Inc. 26 $   10,878,065
Broadfin Capital, LLC 24 $   48,147,362
Citadel Advisors, LLC 19  Not Disclosed
Bank of New York 18 $   1,788,000
Empery Asset Management LP 16 $   26,511,756
LH Financial Services Corporation 14 $   16,525,809
DAFNA Capital Management, LLC 14 $   1,744,999
Perceptive Advisors, LLC 13 $   7,582,974
Hudson Bay Capital Management L.P. 12 $   196,635,565
Fidelity Management & Research Corporation 12 $   100,000
IntraCoastal Capital, LLC 11 $   12,806,017
Anson Capital, LP 11 $   11,861,921
Alyeska Investment Group, L.P. 11  Not Disclosed
RA Capital Management, LLC 10 $   18,556,066
D.E. Shaw & Co., L.P. 10  Not Disclosed
UBS O’Connor LLC 9 $   7,500,000
Venbio Select Advisor LLC 9 $   4,649,999
AWM Investment Management (MGP Advisors, LLC) 9 $   249,996
Deerfield Management 8 $   63,799,997
Baker Brothers Advisors, LLC 8 $   59,391,619
Iroquois Capital L.P. 8 $   18,148,230
Cormorant Asset Management, LLC 8 $   9,280,777
Franklin Templeton Group 8 $   7,500,000

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 OTC Markets.  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 10/05/15.

The Q3 2015 PIPE Market Issuer Counsel League Table
By Number of Transactions:

Legal Counsel Transaction Count   Total Amount Advised
Cooley LLP   16 $   634,318,434
Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC       12 $   199,709,275
Greenberg Traurig, LLP 12 $   183,420,444
Goodwin Procter, LLP 11 $   234,222,248
DLA Piper 10 $   366,564,601
Latham & Watkins, LLP 10 $   225,988,791
Sichenzia Ross Friedman Ference, LLP 9 $   177,231,122
Morgan, Lewis & Bockius, LLP 9 $   145,017,273
Paul Hastings LLP 8 $   109,660,882
K&L Gates LLP 7 $   302,605,596
Haynes and Boone, LLP 6 $   105,066,472
Norton Rose Fulbright 6 $   90,234,500
Dorsey & Whitney, LLP 6 $   75,609,250
Vinson & Elkins, LLP 5 $   1,545,284,624
Wilmer Cutler Pickering Hale & Dorr, LLP 5 $   419,994,989
Alston & Bird, LLP 5 $   181,764,288
Wyrick Robbins Yates & Ponton, LLP 5 $   127,837,488
Pillsbury, Winthrop, Shaw & Pittman, LLP 5 $   107,839,993
Manatt, Phelps & Phillips, LLP 5 $   92,529,364
Morrison & Foerster, LLP 5 $   65,330,002
Ellenoff Grossman & Schole LLP 5 $   12,200,311
Clifford Chance US, LLP 4 $   372,679,969
Akerman LLP 4 $   173,566,792
Ropes & Gray 4 $   165,730,565
O’Melveny & Myers, LLP 4 $               156,915,542

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 OTC Markets.  Data is for closed and definitive agreement transactions reported as of 10/05/15.

The Q3 2015 PIPE Market Investor Counsel League Table
By Number of Transactions:

Legal Counsel Transaction Count   Total Amount Advised
Schulte Roth & Zabel, LLP 74 $   6,561,402,467
Kelley Drye & Warren LLP 12 $   12,675,600,195
Ellenoff Grossman & Schole LLP 11 $   75,092,671
Skadden, Arps, Slate, Meagher & Flom, LLP               5 $   1,996,000,000
Greenberg Traurig, LLP 5 $   55,612,539
Ropes & Gray 4 $   137,495,133
Kirkland & Ellis 3 $   1,005,000,000
Cleary, Gottlieb, Steen & Hamilton 3 $   458,949,971
Akin, Gump, Strauss, Hauer & Feld, LLP 3 $   215,000,000
Paul Hastings LLP 3 $   97,500,000
Fried, Frank, Harris, Shriver & Jacobson 3 $   69,667,959
Latham & Watkins, LLP 3 $   45,000,000
Lowenstein Sandler LLP 3 $   20,635,442
Sichenzia Ross Friedman Ference, LLP 3 $   11,335,700
Baker Botts, LLP 2 $   4,400,000,000
Davis Polk & Wardwell LLP 2 $   700,000,000
Davis Polk & Wardwell 2 $   659,000,000
Willkie, Farr & Gallagher 2 $   136,123,942
Chapman & Cutler, LLP 2 $   125,000,000
Wachtell, Lipton, Rosen & Katz 2 $   32,200,000
Carey Olsen 2 $   24,999,976
Kilpatrick Townsend & Stockton LLP 2 $   20,600,000
Haynes and Boone, LLP 2 $   16,989,740
Peter J. Weisman, PC 2 $   9,318,056
Grushko & Mittman, PC 2 $   7,500,013

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 OTC Markets.  Data is for closed and definitive agreement transactions reported as of 10/05/15.

The Q3 2015 PIPE Market Placement Agent Counsel League Table
By Number of Transactions:

Legal Counsel Transaction Count   Total Amount Advised
Ellenoff Grossman & Schole LLP 47 $   308,709,850
Goodwin Procter, LLP 23 $   1,027,345,518
Cooley LLP 10 $   477,219,521
Lowenstein Sandler LLP 10 $   128,662,003
Latham & Watkins, LLP 9 $   756,676,794
Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC       7 $   330,172,051
Faegre Baker Daniels LLP 7 $   36,404,982
Proskauer Rose, LLP 6 $   113,904,998
Sichenzia Ross Friedman Ference, LLP 5 $   43,330,377
LeClairRyan, PC 4 $   136,058,997
K&L Gates LLP 4 $   104,343,095
Graubard Miller 4 $   18,365,447
Covington & Burling 3 $   270,564,688
Gibson, Dunn & Crutcher, LLP 3 $   74,247,306
Kelley Drye & Warren LLP 3 $   58,125,000
Reed Smith, LLP 3 $   48,165,250
Duane Morris, LLP 3 $   12,894,348
Morgan, Lewis & Bockius, LLP 2 $   84,999,997
DLA Piper 2 $   80,456,750
Choate, Hall & Stewart, LLP 2 $   55,820,900
Torys, LLP 2 $   37,374,997
Holland & Knight, LLP 2 $   36,600,000
Loeb & Loeb, LLP 2 $   35,467,750
Nelson Mullins Riley & Scarborough, LLP 2 $   26,612,500
Cranmore, FitzGerald & Meaney 2 $   17,000,000

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 OTC Markets.  Data is for closed and definitive agreement transactions reported as of 10/05/15.

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. PlacementTracker’s dynamically updated League Tables are available online at: http://www.placementtracker.com/leaguetables.cfm. To better understand how BioMedTracker can complement your PlacementTracker subscription to fully understand the competitive landscape for issuers you invest in or advise, please click here.

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.

CONTACT: Mike Kotecki
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