Lowenstein Sandler has earned top rankings in two league tables for its representation of placement agents in Private Investments in Public Equity and Registered Direct (PIPE/RD) transactions during the second quarter of 2010.
PrivateRaise and PlacementTracker both rank 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 from April to June 2010. Lowenstein Sandler advised placement agents in 17 deals totaling $243 million during the second quarter. The firm also is recognized in the league tables for its representation of investors in PIPE/RD transactions.
"We remain very pleased with our Group's performance over the past quarter, during which the capital markets have been particularly volatile," said Steven Siesser, Chairman of the Specialty Finance Group.
PrivateRaise is the leading source for data and analysis of private investments in public equity (PIPEs), Reverse Mergers, and Special Purpose Acquisition Companies (SPACs). The service simplifies researching these investment structures and the entities associated with these transactions including investors, placement agents, and law firms. PrivateRaise also offers the only comprehensive database of alternative public offering transactions and a proprietary directory of market participants.
PlacementTracker is a leading provider of research, data, and analytics covering the PIPE market. It is a flagship product of Sagient Research Systems, publisher of independent research products for mutual funds, hedge funds, and investment banks.
Lowenstein Sandler's Specialty Finance practice handles mergers and acquisitions, acquisition financing, PIPEs, SPACs and other corporate finance matters for a wide array of investment funds, leading national investment banks, and issuers, in deals worldwide. The group has counseled clients on more than $3.6 billion in PIPE transactions since 2007, maintaining its ranking among the nation's top firms representing investors and placement agents in PIPEs, according to The PIPES Report, PrivateRaise.com and PlacementTracker.