Clients

Recent Deals

Netlist, Inc.
XBiotech Inc.
(xbit)

$76,000,000

OpenIPO® BookBuild
Sole Lead Underwriter

OpenIPO® Auctions

Truett-Hurst, Inc.
Truett-Hurst, Inc.
(thst)

$16,200,000

OpenIPO® Auction
Lead Manager
Rackspace Hosting, Inc.
Rackspace Hosting, Inc.
(rax)

$187,500,000

Auction IPO
Co-Manager
NetSuite Inc.
NetSuite Inc.
(n)

$185,400,000

Auction IPO
Co-Manager
Clean Energy Fuels Corp.
Clean Energy Fuels Corp.
(clne)

$138,000,000

OpenIPO® Auction
Lead Manager
Interactive Brokers Group, Inc.
Interactive Brokers Group, Inc.
(ibkr)

$1,200,400,000

OpenIPO® Auction
Lead Manager
FortuNet, Inc.
FortuNet, Inc.
(fnet)

$25,875,000

OpenIPO® Auction
Lead Manager
Traffic.com, Inc.
Traffic.com, Inc.
(trfc)

$90,390,000

OpenIPO® Auction
Lead Manager
Dover Saddlery, Inc.
Dover Saddlery, Inc.
(dovr)

$27,500,000

OpenIPO® Auction
Lead Manager
Avalon Pharmaceuticals, Inc.
Avalon Pharmaceuticals, Inc.
(avrx)

$28,875,000

OpenIPO® Auction
Lead Manager
CryoCor, Inc.
CryoCor, Inc.
(cryo)

$40,799,990

OpenIPO® Auction
Lead Manager
Morningstar, Inc.
Morningstar, Inc.
(morn)

$161,955,937.50

OpenIPO® Auction
Lead Manager
BofI Holding, Inc.
BofI Holding, Inc.
(bofi)

$35,100,001

OpenIPO® Auction
Lead Manager
Overstock.com
Overstock.com
(ostk)

$36,600,000

OpenFollowOn® Auction
Lead Manager
Google Inc.
Google Inc.
(goog)

$1,916,393,765

Auction IPO
Co-manager
New River Pharmaceuticals Inc.
New River Pharmaceuticals Inc.
(nrph)

$33,600,000

OpenIPO® Auction
Lead Manager
Freddie Mac
Freddie Mac

$18.5 Billion

Periodic Repurchase Operations
Auction Service Provider
Freddie Mac
Freddie Mac

$84.0 Billion

Reference Note Auctions & Reopenings
Auction Service Provider
Genitope Corporation
Genitope Corporation
(gtop)

$37,618,740

OpenIPO® Auction
Lead Manager
RedEnvelope, Inc.
RedEnvelope, Inc.
(rede)

$30,800,000

OpenIPO® Auction
Lead Manager
Overstock.com
Overstock.com
(ostk)

$40,300,000

OpenIPO® Auction
Lead Manager
Instinet Group Incorporated
Instinet Inc.
(inet)

$533,600,000

OpenIPO® Hybrid Auction
Co-manager
Briazz, Inc.
Briazz, Inc.
(brzz)

$16,000,000

OpenIPO® Auction
Lead Manager
Ford Motor Credit Company
Ford Motor Credit Company

$750,000,000

OpenBook® Auction
Joint Lead Manager
Peet's Coffee & Tea
Peet's Coffee & Tea
(peet)

$30,360,000

OpenIPO® Auction
Lead Manager
The Dow Chemical Company
The Dow Chemical Company

$300,000,000

OpenBook® Auction
Joint Lead Manager
Nogatech, Inc.
Nogatech, Inc.
(ngtc)

$42,000,000

OpenIPO® Auction
Lead Manager
Andover.net
Andover.net
(andn)

$82,800,000

OpenIPO® Auction
Lead Manager
Salon.com
Salon.com
(saln)

$27,300,000

OpenIPO® Auction
Lead Manager
Ravenswood
Ravenswood
(rvwd)

$11,550,000

OpenIPO® Auction
Lead Manager

Traditional Deals

Traditional IPOs

Netlist, Inc.
Netlist, Inc.
(nlst)

$50,312,500

IPO
Co-Lead Manager
Pixelplus Co., Ltd.
Pixelplus Co., Ltd.
(pxpl)

$41,400,000

IPO
Co-manager
Actions Semiconductor Co., Ltd.
Actions Semiconductor Co., Ltd.
(acts)

$72,000,000

IPO
Co-Lead Manager
Silicon Motion Technology Corp.
Silicon Motion Technology Corp.
(simo)

$70,350,000

IPO
Co-manager
HemoSense, Inc.
HemoSense, Inc.
(hem)

$19,250,000

IPO
Co-Lead Manager
Huntsman Corporation
Huntsman Corporation
(hun)

$1,593,011,395

IPO
Co-manager
eLong, Inc.
eLong, Inc.
(long)

$71,454,555

IPO
Co-manager
China Finance Online Co. LTD
China Finance Online Co. LTD
(jrjc)

$80,600,000

IPO
Co-manager
PlanetOut Inc.
PlanetOut Inc.
(lgbt)

$48,127,500

IPO
Co-manager
CallWave, Inc.
CallWave, Inc.
(call)

$40,000,000

IPO
Co-manager
Sunset Financial Resources, Inc.
Sunset Financial Resources, Inc.
(sfo)

$130,000,000

IPO
Lead Manager
Semiconductor Manufacturing International Corp.
Semiconductor Manufacturing International Corp.
(smi)

$1,803,030,372

IPO
Co-manager
Plumtree Software, Inc.
Plumtree Software, Inc.
(plum)

$42,500,000

IPO
Underwriter
Computer Programs and Systems, Inc.
Computer Programs and Systems, Inc.
(cpsi)

$56,925,000

IPO
Underwriter
Kyphon Inc.
Kyphon Inc.
(kyph)

$103,500,000

IPO
Underwriter
Verint Systems Inc.
Verint Systems Inc.
(vrnt)

$72,000,000

IPO
Underwriter
Quinton Cardiology Systems
Quinton Cardiology Systems
(quin)

$32,200,000

IPO
Co-manager
The Smith & Wollensky Restrnt. Group, Inc.
The Smith & Wollensky Restrnt. Group, Inc.
(swrg)

$45,015,762

IPO
Underwriter
Alliance Fiber Optic Products
Alliance Fiber Optic Products
(afop)

$49,500,000

IPO
Underwriter
Univ. of Phoenix Online
Univ. of Phoenix Online
(uopx)

$80,500,000

IPO
Underwriter
Qualstar Corp.
Qualstar Corp.
(qbak)

$20,125,000

IPO
Underwriter
Handspring
Handspring
(hand)

$230,000,000

IPO
Underwriter
Microsemi Corp.
Microsemi Corp.
(mscc)

$48,831,300

IPO
Underwriter
Sonus Networks
Sonus Networks
(sons)

$132,250,000

IPO
Underwriter
New Focus, Inc.
New Focus, Inc.
(nufo)

$115,000,000

IPO
Underwriter
PEC Solutions, Inc.
PEC Solutions, Inc.
(pecs)

$29,925,000

IPO
Underwriter
Asiacontent.com, Ltd
Asiacontent.com, Ltd
(iasia)

$80,500,000

IPO
Co-manager
Vyyo, Inc.
Vyyo, Inc.
(vyyo)

$104,793,750

IPO
Co-manager
Snowball.com
Snowball.com
(snow)

$79,062,500

IPO
Underwriter
First World Comm.
First World Comm.
(fwis)

$189,550,000

IPO
Underwriter
iPrint.com
iPrint.com
(iprt)

$51,750,000

IPO
Co-manager
Niku Corporation
Niku Corporation
(niku)

$220,800,000

IPO
Underwriter
DigitalThink
DigitalThink
(dthk)

$76,440,000

IPO
Underwriter
eOn Communications
eOn Communications
(eonc)

$49,680,000

IPO
Co-manager
Efficient Networks
Efficient Networks
(efnt)

$402,500,000

Follow-on Co-manager
Neoforma.com, Inc.
Neoforma.com, Inc.
(neof)

$104,650,000

IPO
Underwriter
Xpedior, Inc.
Xpedior, Inc.
(xpdr)

$186,489,750

IPO
Underwriter
FogDog.com
FogDog.com
(fogd)

$70,675,000

IPO
Underwriter
HealthCentral.com
HealthCentral.com
(hcen)

$82,500,000

IPO
Underwriter
GetThere.com
GetThere.com
(gthr)

$92,000,000

IPO
Co-Manager
Collector's Universe
Collector's Universe
(clct)

$24,000,000

IPO
Underwriter
Cobalt Networks
Cobalt Networks
(cobt)

$126,500,000

IPO
Underwriter
InterNAP
InterNAP
(inap)

$218,500,000

IPO
Underwriter
Tumbleweed Comm.
Tumbleweed Comm.
(tmwd)

$50,635,104

IPO
Underwriter
China.com
China.com
(china)

$96,600,000

IPO
Underwriter
Edgar Online, Inc.
Edgar Online, Inc.
(edgr)

$28,500,000

IPO
Selling Group

Traditional Follow-Ons

Fiberstars, Inc.
Fiberstars, Inc.
(fbst)

$24,887,321

Follow-On
Co-manager
DURECT Corporation
DURECT Corporation
(drrx)

$42,550,000

Follow-On
Co-manager
Diodes Incorporated
Diodes Incorporated
(diod)

$102,781,250

Follow-On
Co-manager
Comtech Group Inc.
Comtech Group Inc.
(cogo)

$46,452,670

Follow-On
Co-manager
Zonagen, Inc.
Zonagen, Inc.
(zona)

$20,240,000

Follow-On
Co-manager
Nastech Pharmaceutical Company Inc.
Nastech Pharmaceutical Company Inc.
(nstk)

$57,375,000

Follow-On
Co-manager
Cubist Pharmaceuticals, Inc.
Cubist Pharmaceuticals, Inc.
(cbst)

$119,999,040

Follow-On
Co-manager
Overstock.com
Overstock.com
(ostk)

$79,391,400

Follow-On
Co-manager
PainCare Holdings, Inc.
PainCare Holdings, Inc.
(prz)

$17,033,500

Follow-On
Co-manager
Catapult Communications Corporation
Catapult Communications Corporation
(catt)

$32,598,750

Follow-On
Co-manager
Cell Therapeutics, Inc.
Cell Therapeutics, Inc.
(ctic)

$49,162,500

Follow-On
Co-manager
ChipMOS TECHNOLOGIES<br>(Bermuda) LTD.
ChipMOS TECHNOLOGIES
(Bermuda) LTD.
(imos)

$38,500,000

Follow-On
Co-manager
Genitope Corporation
Genitope Corporation
(gtop)

$51,839,995

Follow-On
Lead Manager
dj Orthopedics, Inc.
dj Orthopedics, Inc.
(djo)

$163,875,000

Follow-On
Co-manager
Seattle Genetics, Inc.
Seattle Genetics, Inc.
(sgen)

$66,412,500

Follow-On
Co-manager
Integrated Silicon Solution, Inc.
Integrated Silicon Solution, Inc.
(issi)

$100,650,000

Follow-On
Co-manager
Annaly Mortgage Management, Inc.
Annaly Mortgage Management
(nly)

$382,950,000

Follow-On
Co-manager
Cubist Pharmaceuticals
Cubist Pharmaceuticals
(cbst)

$89,999,805

Follow-On
Co-manager
Epix Medical, Inc.
Epix Medical, Inc.
(epix)

$64,500,000

Follow-On
Co-manager
The Sharper Image
The Sharper Image
(shrp)

$54,841,800

Follow-On
Co-manager
Overstock.com
Overstock.com
(ostk)

$25,875,000

Follow-On
Lead Manager
Peet's Coffee & Tea
Peet's Coffee & Tea
(peet)

52,325,000

Follow-On
Co-Manager
Alloy, Inc.
Alloy, Inc.
(aloy)

$60,840,000

Follow-On
Co-Manager

Other Traditional Offerings

Tortoise Energy Infrastructure Corp.
Tortoise Energy Infrastructure Corp.
(tyg)

$275,000,000

Closed-End Fund IPO
Co-manager
The Mills Corporation
The Mills Corporation
(mls)

$140,000,000

8.75% Series E Cumulative Redeemable Preferred Stock
Co-manager
RMK High Income Fund
RMK High Income Fund
(rmh)

$247,500,00

Closed-End Fund IPO
Co-manager
Lehman Brothers/First Trust Income Opportunity Fund
Lehman Brothers/First Trust Income Opportunity Fund
(lbc)

$165,000,000

Closed-End Fund IPO
Co-manager
Western Asset/<br />Claymore U.S. Treasury <br />Inflation Protected Securities Fund”></td> </tr> <tr valign=
Western Asset/Claymore U.S. Treasury Inflation Protected Securities Fund
(wia)

$378,750,000

Closed-End Fund IPO
Co-manager