Piper Jaffray Strengthens Global Presence, Opens Office in Madrid
September 19 2006 - 9:00AM
PR Newswire (US)
MINNEAPOLIS and MADRID, Spain, Sept. 19 /PRNewswire-FirstCall/ --
Piper Jaffray Companies announced today the strengthening of its
global presence with the opening of an office in Madrid, Spain.
This office is a branch of its UK subsidiary Piper Jaffray Ltd. The
Madrid office will provide clients institutional sales and sales
and research services for equity and fixed-income products. "One of
our major initiatives in building a leading middle market
investment bank is expanding geographically to areas where our
clients seek to raise and invest capital, and the opening of our
Madrid office advances this objective," said Andrew Duff, chairman
and chief executive officer of Piper Jaffray Companies. "We have an
experienced and resourceful team in place that has been
successfully advising investing clients in this region for years.
We look forward to sharing their added knowledge and capabilities
with our international clients as we grow our firm." The office
will focus on Southern Europe and will be led by Guillermo Menendez
and Carlos Macias. The two founded Vetusta Group, a European
financial services company and previously worked to develop the
Legg Mason Capital Markets branch in Spain. About Piper Jaffray
Piper Jaffray Companies 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. With headquarters in Minneapolis, Piper Jaffray has 25
offices across the United States and international locations in
London and Madrid. Piper Jaffray & Co. is the firm's principal
operating subsidiary. The firm's UK operating subsidiary, Piper
Jaffray Ltd., is authorized and regulated by the Financial Services
Authority for the conduct of UK business and is a member of the
London Stock Exchange. (NYSE:PJC) ( http://www.piperjaffray.com/ )
Since 1895. Member SIPC and NYSE. DATASOURCE: Piper Jaffray
Companies CONTACT: Media Relations, Rob Litt of Piper Jaffray,
+1-612-303-8266 Web site: http://www.piperjaffray.com/
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