BMO Financial Group and Haywood Securities raised $83.6 million for Australian gold producer CGA Mining Ltd. in a private placement. Full Story
Smedvig Capital, Pelmer Securities, Sanders Morris Harris and others invested $21.1 million in a private placement of shares of oil and gas producer Endeavour International Corp. Full Story
Nevsun Resources, a Canadian mining company with operations in Eritrea, has raised $110 million through an un-brokered private placement of common shares. Full Story
Juniperhill Asset Management, a majority woman-owned firm controlled by Deborah Solomon and Jeff Haas, launched a fund to make private placement investments in U.S small cap and microcap companies. Full Story
Placement agent Jefferies & Co. hired David Bohn, formerly of Cowen & Co., to head its PIPE banking practice, a Jefferies spokesman said. Full Story
Downsview Capital, Millennium Management, and Rodman & Renshaw agreed to invest a total of $10 million in a registered direct offering of common stock by Chinese auto-part maker SORL Auto Parts. Full Story
Fletcher International, an affiliate of Fletcher Asset Management, agreed to buy $5 million in convertible preferred stock of Raser Technologies, a geothermal energy technology company. Full Story
Yorkville Advisors, the fund management firm run by Mark Angelo, said in an e-mail that its YA Global Investments (U.S.), LP and YA Offshore Global Investments Ltd. Full Story
Steven Tuch, the former head of private placements and PIPEs at Deutsche Bank Securities, has joined Cantor Fitzgerald, according to FINRA records. Full Story
Wellington West Capital Markets arranged a $37.6 million registered direct offering of shares and warrants for Canadian gold producer Rainy River Resources. Full Story
New warrant variations are popping up in registered direct deals and confidentially marketed public offerings (CMPOs), signaling that the nature of private placements continues to evolve as very small companies are able to file shelf registrations. Full Story
While U.S. hedge funds paved the way for the development of the PIPE market for Chinese companies, larger institutional investors such as private equity and venture capital firms and mutual funds are increasingly using PIPE transactions as vehicles to gain access to Chinese companies. Full Story
Landlord Claims Illegal Transfers of Assets
Laurus Capital Management, once one of the most active investors in the PIPE market, is liquidating all its funds and illegally transferring proceeds offshore, a lawsuit against the firm claims. Full Story
- SEC May Adopt Alternative Uptick Rule
- Health Care, Biotech Funds Earned High Returns in '00s
- A-Power Energy Raises $83M from Investors Including Hudson Bay
- Saehan Bancorp Receives Commitments for $30.9M for Recapitalization
- Global Hunter, Brean Murray Arrange $30M Registered Direct for China Marine Food
- Newbridge Securities Arranges $26.3M Registered Direct for China Yida
- Treherne Invests $18.8M in Upsized PIPE by Canadian Superior Energy
- RBC Capital, Rodman Raising $16.25M for Medical Products Maker Curis
- Pala Invests $3.23M as Part of Crowflight Minerals' $14.2M Private Placement
- Resin Systems Raising $14.2M
- Wallbridge Mining Invests $14.1M in Private Placement of Ex Unit Duluth Metals
- Hirings & Firings
A small technology company focused on wringing out more bandwidth efficiency for broadband service providers has put up its first shelf registration with an eye toward building on recent growth. Full Story



