He created his own business in 1993, doing private placements for public companies.
Three days later, the company said it had closed a private placement of its stock, raising $8.5 million.
The number used for last year's private placement was $325m.
Last year, the company raised $50 million in a private placement.
Four weeks later the company completed a private placement that raised $21.5 million at about $3 a share.
It has raised a few million here and there through the private placement of stock, but not enough to get this project going.
The company raised about $265 million in a private placement by finding other investors.
The final $400 million is to be raised in a private placement.
We are also applying this approach in our work on private placement.
Time Warner also plans to raise $1 billion through a private placement.