July 7, 2008 – Maxim Group has hired two professionals who specialize in structuring private investments in public equity (PIPE) securities.
July 7, 2008 – Although TPG backed out of a deal to inject £179 million into UK financial institution Bradford & Bingley, additional private investment in public equity (PIPE) issues by European financial services firms are still possible.
July 7, 2008 – Mitsubishi UFJ Securities (USA) Inc. said Tuesday that it hired Conrad Owen to run its new Private Capital Markets group, a move that is designed to expand into an area of finance that is expected to see heightened activity amid tightening credit market conditions.
July 7, 2008 – Enhanced Oil Resources, a Houston-based oil exploration company, has completed a private placement effort and raised $28.1 million.
July 7, 2008 – Raptor Pharmaceuticals said Monday that it has raised $10 million from a private unit and warrant placement.
July 7, 2008 – Cabot Oil & Gas priced a $425 million private placement, led by JPMorgan, sources said. The deal was structured in three tranches.
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Firm: Loeb & Loeb
Most Recent US private placements
Cabot Oil & Gas | $425.0 |
Computershare | $235.0 |
KPMG | $200.0 |
John Bean Tech | $75.0 |
OneSteel | $150.0 |
When TPG announced it would inject GBP179 million into UK financial institution Bradford & Bingley, it didn't only signal the first capital infusion by a private equity firm into a UK bank. It also heralded the possibility of more private investment in public equity (PIPE) issues by European financial services firms.