S&C Partners Ari Blaut and Krishna Veeraraghavan Author Article on PIPE Market Trends for Lexis Practice AdvisorAugust 29, 2019
S&C partners Ari Blaut and Krishna Veeraraghavan recently published an article in Lexis Practice Advisor titled “Market Trends 2018/19: PIPEs.”
The article explores trends in the private investments in public equity (PIPE) market in 2018. Ari and Krishna note that over the past year “two of the most active industries [for PIPE transactions] were technology and healthcare.” Ari and Krishna attribute the comparatively higher level of activity in these industries to “constant financing needs to fund research and development,” as well as, in the healthcare and biotechnology sector, “the innovative nature of the industry.”
Looking forward, Ari and Krishna conclude that PIPE transactions “continue to be attractive financing alternatives to registered public offerings” and that macro-level developments such as increased volatility resulting from the trade war with China may further induce issuers to opt for PIPE transactions. Click above to read the article, which was written with the assistance of S&C associates Lindsay Chandler and Estefania Souza.
Ari will be a featured speaker at Private Debt Investor’s upcoming New York forum on September 24-25. Click here for more information on the event!