Rodman & Renshaw Once Again Ranked #1 Investment Bank In PIPE Market by Deal Volume (Business Wire)

NEW YORK--(BUSINESS WIRE)--Rodman & Renshaw Capital Group, Inc (NASDAQ: RODM - News ), today announced that its Rodman & Renshaw, LLC subsidiary has maintained its leading position in PIPE transaction deal volume for the first half of 2008, garnering the top spot in PlacementTracker’s First Half 2008 PIPE Market League Tables, published by Sagient Research Systems. During the first half of 2008 Rodman completed 25 transactions raising a total of $404 million. Rodman was the number one ranked PIPE advisor by deal volume for all of 2007 as well. Michael Lacovara, Chief Executive Officer, commented: “I am delighted that we continue to maintain our position as the leading investment bank in PIPE transactions, which recognizes our unique mix of industry and transaction expertise in this increasingly significant market.”... [read full story]