We specialize in two different Private Placement structures: Private Investments on Public Entities know as (PIPEs) and Collateralized Intellectual Property Appreciation Rights, know as (CIPARs):

In our PIPE structure, we are currently raising capital for a number of very exciting companies, primarily in the technology and healthcare sectors. We are able to raise capital from both domestic and international sources for public and private companies in the equity and debt markets. Because we remain opportunistic and flexible to the ever changing capital markets, deal structures can include: common or preferred equity, convertible debentures, equity lines, bridge loans as well as subordinate and senior debt. This growing business complements MAGNA's core trading operations.

CIPARs are senior secured debt instruments with high current coupons which also allow the investor to participate in an ongoing royalty stream from license agreements with Fortune 1000 companies. Thus CIPARs generate private equity returns and have downside protection due to the full collateralization of the notes. This high alpha product takes advantage of the pricing inefficiencies of patents and offers participation in an asset class which until now was untapped. Typical transactions have a loan to value of 25%, coupons in the 12-16% range complemented by participation rights to royalties generated by the license agreement. The term of the note is typically 48 months, with interest paid quarterly. Unlike a private equity investment, the investor in a CIPAR receives; a high current coupon, additional return on capital through royalty participation rights, and a day-certain return of capital in about half the time of a typical private equity investment.