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Sounds like old news from last spring when they were looking for private loans to replace doe loans. They've raised at least $100 million since then.
 

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Interesting that the strategics they're talking to are in "China and Europe" - guess the Chrysler/Ford thoughts have all but disappeared.
 

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The wall street journal version had some info from last spring.
 

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The wall street journal version had some info from last spring.
You have a link?

Are you confusing Evercore with Advanced Equities?

From Sept 26, 2012:
Fisker Automotive Keeps It Rolling, Raises Additional $100M-Plus - Venture Capital Dispatch - WSJ

The Fisker Files: Funding and More : Greentech Media
Another $100 million in VC with help from Advanced Equities.

Advanced Equities has since been forced to shut down due to lying to investors.

Report: Advanced Equities to Close Amidst Ongoing Investigation : Greentech Media
 

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There were two WSJ articles on this one now behind a paywall that read like Evercore was hired in the spring -- Fisker also hired RBC bank to look for private debt financing last spring under the ex-Chrysler CEO.

Two of Advanced Equities top partners were sanctioned by the SEC for the Bloom energy raise but the SEC did not shut them down directly. Advanced Equities had a reasonably large payroll and burn rate and got a capital call in October. Probably they hadn't been able to get in on any new deals since the summer SEC ruling and none of their old deals had a successful exit yet. e.g. BrightSource Energy (thermal solar plants in California desert) seems to be progressing OK but canceled their IPO last spring because institutional investors didn't want to buy in until they saw the plant finished and running on budget. The IPO would have been on the day natural gas bottomed below $2 (it's almost $4 now). I don't think it really matters to Fisker whether or not Advanced Equities shut down because that particular investor network was pretty tapped out. Fisker needs to be and are looking elsewhere for funding.

Unlike some of the famous public brokerage shutdowns like Peregrine Financial (PFG) and MF Global who commingled customer funds and lost those funds during capital calls, Advanced Equities setup separate LLCs for all their investors who are thankfully not otherwise affected by the cap calls.
 

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???

The quotes are fresh and the article is dated today.

Related:
http://www.greencarreports.com/news...stment-bank-to-find-funding-partner-companies
Here is the quote (from Reuters) that says that Evercore was hired during the first half of 2012:

Evercore, which advised General Motors Co (GM.N) during its restructuring and initial public offering, was hired in the first half of the year, Fisker spokesman Roger Ormisher said.

http://www.reuters.com/article/2012/12/07/us-fisker-evercore-idUSBRE8B610V20121207
 
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