Investment Banking FBR Ranks #1 in Aftermarket Performance
1Of More than 10 transactions IPOs and Secondaries only, excludes closed–end funds.
2Of more than 25 transactions, IPOs and Secondaries only, excludes closed-end funds.
3Of more than 1 transaction, IPOs and Secondaries only, excludes closed-end funds.
4Non-weighted average aftermarket performance. Results for each of the offerings vary considerably, and may be significantly different from the
average figure quoted. Past performance is no guarantee of future results.
*Inclusion of Dividends and 144A Institutional Placements resulted in a weighted return of 15.65% and a non-weighted return of 13.30% from our internal calculations for FBR deals 1/01/2002 – 12/31/2002
**Inclusion of Dividends and 144A Institutional Placements resulted in a weighted return of 24.36% and a non-weighted return of 22.66% from our internal calculations for FBR deals 1/01/1998 – 12/31/2002