Carpentier, Cécile; L'Her, Jean-François; Suret, Jean-Marc - Centre Interuniversitaire de Recherche en Analyse des … - 2004
Private placements in public equity (PIPEs) are proliferating; in the United States, their growth is estimated at 30% per year. PIPEs are issued as part of prospectus exemptions. Because they can alleviate the financing difficulties of growing high tech companies, they should interest the...