2013 - FDIC - Credit Risk Assessment of Bank Investment Portfolios - 7p
2005 - Book - The Handbook of Fixed Income Securities - 7th Edition, by Frank Fabozzi - 1531p
2005 - Book - The Handbook of Fixed Income Securities - 7th Edition, by Frank Fabozzi - 1531p
(p37) - Private Placement Market
In addition to underwriting securities for distribution to the public, securities may be placed with a limited number of institutional investors such as insurance companies, investment companies, and pension funds.
Private placement, as this process is known, differs from the public offering of securities that we have described so far.
Life insurance companies are the major investors in private placements.