Bloomberg - Feb 09, 2010Imperial Capital Group L L C (ICG)
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Craig Guttenplan
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CreditSightsIPO Slump The IPO market is slumping after the largest stock market rally since the 1930s revived deals in the last four months of 2009 from a record slowdown that followed the credit crisis This year, Boca Raton, Florida based FriendFinder Networks Inc's $240 million initial offer and Los Angeles based
Imperial Capital Group Inc's $113 million sale were pulled; Cambridge, Massachusetts based Ironwood Pharmaceuticals Inc cut its share price by 30 percent; and Fort Lauderdale, Florida based Patriot Risk Management Inc delayed a $204 million deal The Standard & Poor's 500 Index has lost 51 percent in 2010, including dividends US IPOs will triple in 2010 to $50 billion, according to an estimate by Barclays Plc, the second largest UK bank
Even with a projected rise, real estate investors may favor trusts that already own buildings rather than blind pools, said Craig Guttenplan , a New York based REIT analyst for CreditSights Inc "People are really wary of those," Guttenplan said
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IPO Slump The IPO market is slumping after the largest stock market rally since the 1930s revived deals in the last four months of 2009 from a record slowdown that followed the credit crisis This year, Boca Raton, Florida based FriendFinder Networks Inc's $240 million initial offer and Los Angeles based <span class="company">Imperial Capital Group</span> Inc's $113 million sale were pulled; Cambridge, Massachusetts based Ironwood Pharmaceuticals Inc cut its share price by 30 percent; and Fort Lauderdale, Florida based Patriot Risk Management Inc delayed a $204 million deal The Standard & Poor's 500 Index has lost 51 percent in 2010, including dividends US IPOs will triple in 2010 to $50 billion, according to an estimate by Barclays Plc, the second largest UK bank<span class="sent"> Even with a projected rise, real estate investors may favor trusts that already own buildings rather than blind pools, said <span class="analyst">Craig Guttenplan</span> , a New York based REIT analyst for CreditSights Inc "People are really wary of those," Guttenplan said</span>...IPO Slump The IPO market is slumping after the largest stock market rally since the 1930s revived deals in the last four months of 2009 from a record slowdown that followed the credit crisis This year, Boca Raton, Florida based FriendFinder Networks Inc's $240 million initial offer and Los Angeles based <span class="company">Imperial Capital Group</span> Inc's $113 million sale were pulled; Cambridge, Massachusetts base
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