Palladium Capital Advisors, LLC has been recognized as one of the most active PIPE placement agents in the USA, according to Sagient Research’s PlacementTracker League Tables.

Palladium’s CEO, Joel Padowitz, commented, “We are passionate about becoming the premier investment bank for emerging growth public companies in general and in the communications and technology sector in particular. We see this news as confirmation that our growing team of seasoned bankers is bringing real value to our clients.”

Commenting on the League Tables, Robert F. Kyle, executive vice president of Sagient Research said, “This has unquestionably been the most challenging year we have ever seen in the market. The dramatic increase in volatility and decline in market valuations certainly affected PIPE issuances in 2008. Many of these firms are long-time clients of PlacementTracker, and we look forward to continuing to provide them with industry leading data, research, and analytics to help keep them on top of this market.”

Investment Banking rankings exclude all 144-A Offerings, Reg S Placements, Equity Lines of Credit, and all PIPE transactions conducted by Canadian issuers that trade in the U.S. on the Pink Sheets. On transactions where an investment banking firm has acted solely as Financial Advisor, that transaction has been excluded from that firm’s ranking. Co-agented transactions award full transaction credit to all agents participating (regardless of status of lead agent or co-agent). Data is for closed transactions reported as of 1/6/09.