IT IS MY HOPE that this revised and updated book captures the essence of recent developments in the PIPE market. Once again, it is thanks to the hard work of many people that this second edition went from idea to reality.
For their collaborative efforts, I offer my coauthors my sincere appreciation. Through our work on this project and my affiliation with these people, I am able to keep a finger on the pulse of a business that is constantly changing.
As both coauthor and coeditor, Kurt Kim continues to provide the technical knowledge gleaned from analyzing thousands of PIPE deals. I thank Kurt for being a steady guide, a close friend, and for supplying some great statistics.
Many others have added to the quality of this text ...