Often private equity fund managers will employ the services of external fundraising teams known as placement agents in order to raise capital for their vehicles.
Fundraising for private equity and infrastructure fund managers (as a placement agent).
Within the context of funds managers, placement agents can serve several functions:
Within the context of private companies, placement agents typically focus on raising the following source of financing:
The firm is one of the most prominent independent placement agents in the US private equity industry.
Merrill, which was one of the biggest underwriters of Enron stocks and bonds, was the placement agent for the partnership.
Though D.L.J. passed on being placement agent, its executives put in $5 million.
Triago is a leading global placement agent, specializing in raising capital for private equity investment firms from a range of institutional investors.
They plan to serve clients as managers, placement agents, mortgage bankers and financial advisers and have already been retained to complete some municipal financings.
But Chase is allowed to underwrite and deal in commercial paper as a principal, or for its own account, and not just as a placement agent.