Lowenstein Sandler has earned top rankings on two league tables for its representation of placement agents and investors in Public Equity and Registered Direct (PIPE/RD) transactions during the first quarter of 2010.
PrivateRaise ranks the firm's Specialty Finance Group second in the nation among law firms for the number of PIPE/RD transactions it handled on behalf of placement agents, and third for the number handled on behalf of investors during the first quarter of 2010. The firm earned similar rankings in PlacementTracker for the same period.
Lowenstein Sandler advised placement agents in 10 deals totaling $141 million and advised investors in 3 deals totaling $89 million during the first quarter.
In addition, Lowenstein Sandler ranks among the nation's most active law firms for the number of private equity and venture capital deals negotiated and closed during 2009, according to Dow Jones Private Equity Analyst. The firm was recognized for handling a total of 89 private equity and venture capital deals during the year.
In the annual ranking, Lowenstein Sandler was highlighted for its representation of Insight Venture Partners, lead investor in the recent $100 million investment in Twitter, which according to the press, closed at a valuation of $1 billion.