Definitions for "Placement Agent"
Keywords:  hire, issuer, focus, nasd, raised
A person or entity that acts as agent for the issu... Add a comment
a company that specializes in finding institutional investors that are willing and able to invest in a private equity fund. Sometimes a private equity fund will hire a placement agent so the fund partners can focus on making and managing investments in companies rather than on raising capital.
A company that specializes in finding institutional investors that are willing and able to invest in a private equity fund or company issuing securities. Sometimes the "issuer" will hire a placement agent so the fund partners can focus on management issues rather than on raising capital. In the U.S. , these companies are regulated by the NASD and SEC.