PIPEs: A Guide to Private Investments in Public Equity

Dresner, Steven

ISBN 10: 1576601404 / ISBN 13: 9781576601402

Published by Bloomberg Press, 2003

About this Item

Seller Inventory # 1576601404-2-36334635

Bibliographic Details

• Title: PIPEs: A Guide to Private Investments in Public Equity
• Publisher: Bloomberg Press
• Publication Date: 2003
• Language: English
• ISBN 10: 1576601404
• ISBN 13: 9781576601402
• Binding: hardcover
• Condition: Very Good
• Weight: 30 ounces

About this title

Synopsis

"Pipes, " or Private Investments in Public Equity, are attracting tremendous interest on Wall Street. In recent years, these privatley negotiated transactions have become an attractive financing alternative for companies seeking capital and investors seeking high returns. In PIPE transactions, public companies issue stock and bonds directly (and often discreetly) to large institutional investors, rather than trying to raise capital in the stock and bond markets. PIPEs details how these deals are done, for what reasons, and with what caveats. The book describes deal structures, legal considerations, and terminology specific to investments in private placement transactions. It contains contributions by the foremost practitioners in this rapidly growing area whose participants have been closelipped, until now. PIPEs is a must-read for anyone involved with the equity markets.

About the Author

Steven Dresner is the publisher of The PIPEs Report, the first publication dedicated to providing news, information, and analysis of private investments in public equity. Formerly Mr. Dresner was a vice president in the investment banking group at Ladenburg Thalmann & Co., a top-performing placement agent for PIPE transactions as ranked by independent sources. He continues to advise both public and private companies on capital raising strategies.

E. Kurt Kim is the founder and chief executive officer of PrivateRaise, L.L.C., the leading research consultancy (awarded a Forbes Best of the Web designation in 2002) for comprehensive market intelligence and analysis pertaining to PIPEs and Rule 144A transactions. Mr. Kim has spent the past decade in various advisory and deal-making capacities within the financial services sector. Mr. Kim holds an M.B.A. from the Wharton School of the University of Pennsylvania.