The Rise of the PIPE Market

Private Equity: Fund Types, Risks and Returns, and Regulation

Volumn , Issue , 2011, Pages 111-128

  Dai, Na ^a  

^a STATE UNIVERSITY OF NEW YORK   (United States)

Author keywords

Floating convertibles; Private investment in public equity; Public debt market; Seasoned equity offerings; Traditional financing venues

Indexed keywords

EID: 84867433938     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1002/9781118267011.ch7     Document Type: Chapter

References (13)

1. Brophy, David J., Paige P. Ouimet, and Clemens Sialm. 2008 "Hedge funds as investors of last resort." Review of Financial Studies, forthcoming.
2. Chaplinsky, Susan, and David Haushalter. 2008 "Financing under extreme uncertainty: Contract terms and returns to private investments in public equity." Working Paper, University of Virginia.
3. Chen, Hsuan-Chi, Na Dai, and John Schatzberg. 2009 "The choice of equity selling mechanisms: PIPEs versus SEOs." Journal of Corporate Finance, forthcoming.
4. Dai, Na. 2007 "Does investor identity matter? An empirical examination of investments by venture capital funds and hedge funds in PIPEs." Journal of Corporate Finance 13:538-563.
5. Dai, Na, and Hsuan-Chi Chen. 2008 "Seasoned equity selling mechanisms: Costs and innovations." Journal of Private Equity 11 (3):16-29.
6. Dai, Na, Hoje Jo, and John Schatzberg. 2009 The quality and price of investment banks' service: Evidence from the PIPE market. Financial Management, forthcoming.
7. Hillion, Pierre, and Vermaelen, Theo, 2004 "Death spiral convertibles," Journal of Financial Economics 71:381-415.
8. Huang, Rongbing, Zhaoyun Shangguan, and Donghang Zhang. 2008 "The networking function of investment banks: Evidence from private investment in public equity." Journal of Corporate Finance 14:738-752.
9. Maynes, Elizabeth, and Ari Pandes. 2008 Private placements and liquidity. Working Paper, York University.
10. PIPEs: A guide to private investment in public equity (edited by Steven Dresner and E. Kurt Kim), Princeton, NJ: Bloomberg Press, 2003
11. Overstreet, Brian M., 2008 The PIPE market trends 2008 San Diego, CA: Sagient Research Systems.
12. Sjostrom, William K., 2007 PIPEs. Entrepreneurial Business Law Journal 2:381-414.
13. The SEC 27th Government-Business Forum on Small Business Capital Formation Program Record of Proceedings, November 20,2008 www.sec.gov/info/smallbus/sbforumtrans-112008pdf.