PlacementTracker Publishes Q1 2018 PIPE and Private Placement Markets League Tables

The Q1 2018 U.S. PIPE and Private Placement Markets

Investor Counsel League Table by Number of Transactions:

Legal Counsel

Transaction Count

Total Amount Advised

Schulte Roth & Zabel, LLP

19

$452,404,088

Kirkland & Ellis

3

$950,000,000

Paul, Weiss, Rifkind, Wharton & Garrison

3

$15,717,967

Ropes & Gray

2

$1,011,600,000

McDermott, Will & Emery

2

$15,050,585

Kelley Drye & Warren LLP

2

$8,000,000

Sidley Austin LLP

1

$1,428,375,000

Mayer Brown LLP

1

$200,000,000

Clifford Chance US, LLP

1

$50,000,000

Wilson Sonsini Goodrich & Rosati

1

$30,514,967

Baker & McKenzie

1

$17,000,000

Hughes, Hubbard & Reed, LLP

1

$9,926,000

Curtis, Mallet-Provost, Colt & Mosie, LLP

1

$2,400,000

Legal counsel rankings exclude all 144-A Offerings, Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the OTC.  Data is for closed and definitive agreement transactions reported as of 04/12/2018.

The Q1 2018 U.S. PIPE and Private Placement Markets

Issuer Counsel League Table by Number of Transactions:

Legal Counsel

Transaction Count

Total Amount Advised

Cooley LLP

9

$408,153,843

Goodwin Procter, LLP

5

$185,400,000

Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC

5

$175,599,027

Alston & Bird, LLP

4

$119,580,001

Wilson Sonsini Goodrich & Rosati

4

$72,833,000

Sichenzia Ross Ference Kesner LLP

4

$42,098,000

Morgan, Lewis & Bockius, LLP

3

$198,526,003

Graubard Miller

3

$99,712,613

Davis Polk & Wardwell LLP

3

$91,049,993

Latham & Watkins, LLP

3

$78,567,640

Brownstein Hyatt Farber Schreck

3

$49,390,000

Mitchell, Silberberg & Knupp LLP

3

$41,122,502

Ellenoff Grossman & Schole LLP

3

$35,914,967

Haynes and Boone, LLP

3

$20,040,380

Jones Day

2

$1,011,600,000

Kirkland & Ellis

2

$220,000,000

Gibson, Dunn & Crutcher, LLP

2

$173,175,000

Greenberg Traurig, LLP

2

$116,850,000

Ropes & Gray

2

$105,000,000

K&L Gates LLP

2

$93,162,501

Hogan Lovells

2

$79,000,000

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP

2

$46,325,016

Loeb & Loeb, LLP

2

$16,072,505

Sheppard, Mullin, Richter & Hampton, LLP

2

$8,740,000

Burns & Levinson, LLP

2

$5,200,001

Legal counsel rankings exclude all 144-A Offerings, Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the OTC.  Data is for closed and definitive agreement transactions reported as of 04/12/2018.

The Q1 2018 U.S. PIPE and Private Placement Markets

Placement Agent Counsel League Table by Number of Transactions:

Legal Counsel

Transaction Count

   Total Amount Advised

Goodwin Procter, LLP

8

$505,597,500

Cooley LLP

8

$368,000,005

Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC

7

$231,375,083

Ellenoff Grossman & Schole LLP

6

$42,194,002

Latham & Watkins, LLP

4

$344,900,000

Sheppard, Mullin, Richter & Hampton, LLP

3

$15,774,156

Schiff Hardin & Waite

3

$12,524,671

Duane Morris, LLP

2

$143,799,952

Davis Polk & Wardwell

2

$89,000,000

Proskauer Rose, LLP

2

$80,050,035

McDermott, Will & Emery

2

$8,000,000

Cahill, Gordon & Reindel

1

$70,000,000

Davis Polk & Wardwell LLP

1

$59,570,000

Ropes & Gray

1

$37,375,000

Salley Bowes Harwardt LC

1

$30,000,000

Covington & Burling

1

$26,450,000

O'Melveny & Myers LLP

1

$25,990,000

Pillsbury Winthrop, LLP

1

$25,200,000

Kelley Drye & Warren LLP

1

$25,000,000

Nixon Peabody, LLP

1

$23,162,501

McGuireWoods, LLP

1

$20,010,000

Dechert, LLP

1

$20,000,001

DLA Piper

1

$20,000,000

Troutman Sanders, LLP

1

$14,000,008

Golenbock Eiseman Assor Bell & Peskoe

1

$12,937,500

Legal counsel rankings exclude all 144-A Offerings, Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the OTC.  Data is for closed and definitive agreement transactions reported as of 04/12/2018.

The Q1 2018 U.S. At-the-Market (ATM) Market

Sales Agent by Number of Transactions:

Sales Agent

Transaction Count

   Commitment Amount

Cantor Fitzgerald & Company

13

$1,310,740,000

B. Riley & Co.

9

$411,372,000

H.C. Wainwright & Co., LLC

8

$156,958,000

Bank of America Merrill Lynch

7

$3,673,470,629

Wells Fargo Securities, LLC

7

$5,202,959,652

Cowen and Company, LLC

6

$490,000,000

Jefferies & Company, Inc.

6

$1,412,000,000

RBC Capital Markets, Inc.

6

$2,787,000,000

J.P. Morgan Securities (Asia Pacific) Limited

6

$4,911,470,629

Barclays Capital, Inc.

5

$4,990,959,652

Goldman, Sachs & Co.

5

$3,750,000,000

Raymond James & Associates Inc.

5

$1,252,000,000

SunTrust Robinson Humphrey, Inc.

5

$1,662,000,000

J.P. Morgan Chase & Co.

4

$2,300,000,000

KeyBanc Capital Markets

4

$1,325,000,000

Ladenburg Thalmann & Co., Inc.

4

$310,000,000

Morgan Stanley & Co. International plc

4

$2,012,000,000

BTIG, LLC

3

$395,000,000

Capital One Securities

3

$637,000,000

Citigroup Global Markets, Inc.

3

$3,740,959,652

Credit Suisse Securities (USA) LLC

3

$2,250,000,000

Deutsche Bank Securities, Inc.

3

$1,750,000,000

JonesTrading Institutional Services LLC

3

$126,850,000

Stifel Nicolaus Weisel

3

$600,000,000

Citigroup Global Markets Limited

3

$2,250,000,000

Sales Agent rankings includes At the Market.  Data is for closed and definitive agreement transactions reported as of 04/12/2018.