TY - JOUR T1 - Private Equity Offerings JF - The Journal of Private Equity SP - 57 LP - 62 DO - 10.3905/jpe.2002.320015 VL - 5 IS - 3 AU - LeRoy D. Brooks AU - Eurico J. Ferreira AU - Joseph T. Harder Y1 - 2002/05/31 UR - https://pm-research.com/content/5/3/57.abstract N2 - Rule 144A of the Securities and Exchange Commission allows financial institutions with more than $100 million invested in securities to trade unregistered privately placed securities freely among themselves. The authors study the behavior of 91 selected issues released during 1988-1993. They compare the performance of the issues with six financial data points: operating income divided by assets; working capital divided by assets; market value of equity divided by assets; sales divided by assets; common equity divided by market value of equity; and earnings coefficient of variation. Predictions of failure and success are made based on these variables. ER -