Some highlights from the report:
- 2016 PIPEs raised more capital in a year since 2008
- More than $20 billion raised in fourth quarter
- Sabby Management LLC was the top-ranked investor in the fourth quarter by number of investments, with 10 deals. Heights Capital Management Inc. ranked second, with eight deals. Empery Asset Management LP ranked third, with six deals.
- H.C. Wainwright & Co. was the top-ranked placement agent in the fourth quarter by number of placements, with 17 deals for the quarter. Roth Capital Partners LLC ranked second, with 16. Wells Fargo Securities LLC, Jefferies Group LLC, Stifel, and Maxim Group LLC ranked third, with nine placements.
The full report is available online. For more information on The PIPEs Report and PrivateRaise, visit http://www.thedeal.com/the-deal/the-pipes-report/ and www.privateraise.com.
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Contact: Jon Kostakopoulos, 212-321-5561, Jon Kostakopoulos at thestreet.com
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SOURCE TheStreet, Inc.