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Palladium Capital Advisors Ranked in Top 20 Most Active Placement Agents in USA

Jan. 25, 2008:

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 for 2007.

Top 25 Agents By Number of Deals – 2007 *
(All PIPEs Excluding Structured Equity Lines and Canadian OTC-BB/Pink Sheet Companies
)
Rank
Agent Name
Deals
1
Rodman & Renshaw, LLC
52
2
Roth Capital Partners, LLC
40
3
Oppenheimer & Co. Inc.
21
4
Lazard
17
5
Merriman Curhan Ford & Company
16
6
Citigroup Global Markets, Inc.
15
7
Piper Jaffray & Co.
15
8
Canaccord Adams, Inc.
15
9
Midtown Partners & Co., LLC
15
10
Lehman Brothers, Inc.
14
11
RBC Capital Markets, Inc.
14
12
Cowen and Company, LLC
14
13
Jefferies & Company, Inc.
13

Rank
Agent Name
Deals
14
UBS Investment Bank
11
15
ThinkEquity Partners, LLC
11
16
Empire Financial Group, Inc.
11
17
BMO Capital Markets Corp.
10
18
Palladium Capital Advisors, LLC
10
19
Morgan Stanley Dean Witter & Co.
9
20
Wachovia Securities, Inc.
9
21
Leerink Swann & Co.
9
22
Brean Murray, Carret & Co.
9
23
Credit Suisse Securities (USA) LLC
8
24
Merrill Lynch & Co., Inc.
8
25
CIBC World Markets
8
* According to Sagient Research’s PlacementTracker.com

 

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.”

PlacementTracker is “a dynamic, customizable research service that provides clients with market data, research, and analysis on the PIPE market.” The League Tables show the top agents for the number of deals placed for all PIPEs, excluding Structured Equity Lines, 144-A Convertibles, Reg S Placements, and all Canadian companies. In a PIPE deal, a public company issues unregistered equity-linked securities to a group of qualified investors at a discount to the current market value of the stock, for the purpose of raising capital.