| 10.02.2009 Opalesque Exclusive: As the PIPE space has almost completely cleared out, are managers in danger of missing the sizeable returns witnessed in previous market turnarounds? |
| From Kirsten Bischoff, Opalesque New York: A January issue of "The Pipes Report" revealed that as of the first two weeks of 2009 only 17 separate investment managers are known to have invested in 18 PIPEs, comparable to 69 investors in 47 PIPEs during the first two weeks of 2008. One fund which entered this space almost exactly a year ago, only to witness the dramatic drop off in competition w |
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