Jeff Marell Quoted in Bloomberg on PIPE Investments During the COVID-19 Pandemic

Corporate partner Jeff Marell was quoted in a Bloomberg article about private equity firms investing in public companies impacted by the coronavirus pandemic. While COVID-19 has dampened buyout activity, private investments in public equity (PIPE) have increased. “PIPE transactions enable sponsors to selectively invest significant capital in companies they believe are fundamentally sound, well managed, trading at substantial discounts, and poised to recover more quickly than their competitors post-Covid,” Jeff observed.

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