NEW YORK
--(BUSINESS WIRE)--Jun. 9, 2009--
Piper Jaffray & Co.
strengthened its investment banking capabilities
with the additions of David Wirdnam and
Matt Traina
as managing
directors. Wirdnam will provide debt advisory and origination services,
working with the firm’s debt capital markets and financial restructuring
groups. Traina joins the financial sponsors group and will lead the
firm’s coverage of west coast financial sponsors. Wirdnam will be based
in
New York
and Traina will be based in
San Francisco
.
Wirdnam brings more than 15 years of experience in originating,
structuring and marketing non-investment grade loans and high yield
bonds of all sizes in a wide range of sectors. He joins
Piper Jaffray
after serving as a managing director in the leveraged finance group at
Citigroup
in the U.S. and
Europe
where he led corporate financings for a
variety of transactions, including acquisitions; leveraged buyouts,
re-capitalizations and distressed financings. Wirdnam earned a degree in
business administration from the
University of Bath
, in
Bath, England
.
“Helping our clients manage their balance sheet issues is one of our top
strategic priorities, and David’s deep experience in the leveraged debt
markets adds a critical dimension to our product capabilities,” said
Murray Huneke
, co-head of investment banking. “He will be a strong
complement to our debt capital markets and financial restructuring
teams.”
Traina brings more than 14 years of investment banking experience with a
majority of the time spent working with financial sponsors in both an
advisory and capital raising capacity. He was most recently a senior
member of the financial sponsors group at
Banc of America Securities
.
Traina holds a masters of business administration from
New York
University
,
Stern School of Business
and a bachelor’s of arts degree in
English and economics from
Middlebury College
.
“The west coast financial sponsor community represents a very attractive
opportunity for
Piper Jaffray
as we continue to build out our platform,”
said
Larry Zimmerman
, head of industrials and financial sponsor
coverage. “Matt is an experienced and accomplished banker with a number
of very strong private equity relationships, and we are thrilled to have
him on board with us.”
About
Piper Jaffray
Piper Jaffray Companies
(NYSE: PJC) is a leading, international middle
market investment bank and institutional securities firm, serving the
needs of middle market corporations, private equity groups, public
entities, nonprofit clients and institutional investors. Founded in
1895,
Piper Jaffray
provides a comprehensive set of products and
services, including equity and debt capital markets products; public
finance services; mergers and acquisitions advisory services; high-yield
and structured products; institutional equity and fixed-income sales and
trading; and equity and high-yield research.
Piper Jaffray
headquarters
are located in
Minneapolis, Minnesota
, with offices across the U.S. and
in
London
,
Hong Kong
and
Shanghai
.
Piper Jaffray & Co.
is the firm's
principal operating subsidiary. (
www.piperjaffray.com
)
Since 1895. Member
SIPC
and
FINRA
.
© 2009
Piper Jaffray & Co.
, 800 Nicollet Mall, Suite 800,
Minneapolis,
Minnesota
55402-7020
Source:
Piper Jaffray & Co.
Piper Jaffray & Co.
Investor and Media Relations
Jennifer
Olson-Goude, 612 303-6277
