Tom Curran Joins Piper Jaffray in Continued Expansion of the St. Louis Market
October 30 2007 - 9:30AM
PR Newswire (US)
ST. LOUIS, Oct. 30 /PRNewswire-FirstCall/ -- Piper Jaffray &
Co. today announced the addition of Tom Curran to the public
finance services team in St. Louis. He joins Piper Jaffray on the
heels of the completed acquisition of Fiduciary Asset Management
(FAMCO) in September. The addition of Curran, as well as
approximately 50 new FAMCO employees, fuels Piper Jaffray in its
significant expansion and growth in the St. Louis market. As a vice
president of investment banking, Curran will build the firm's
governmental and economic development business in the St. Louis
area, Eastern Missouri and Southern Illinois. Prior to joining
Piper Jaffray, Curran was responsible for transportation and
redevelopment policy for St. Louis County, where he played a key
role in various planning and economic development issues. "Tom's
extensive knowledge of local government finance will help Piper
Jaffray continue to build strong relationships with many key
government issuers in the St. Louis area and in the state of
Missouri," says Frank Fairman, head of Public Finance Services at
Piper Jaffray. The St. Louis public finance services team serves as
a financial advisor and underwriter for area cities, counties,
school districts, healthcare institutions, higher education
institutions and economic development projects. As one of the
leading underwriters of municipal bonds in Missouri, Piper Jaffray
was lead manager on 61 issues in the state with a total par amount
of $508.5 million in 2006. As a result, Thompson Financial ranked
Piper Jaffray as the number one underwriter, based on number of
issues, in Missouri for 2006. This year, the St. Louis public
finance services team has completed 36 transactions totaling
$714.24 million and is scheduled to close five additional economic
development financings for the City of St. Louis over the next two
months. In September, Piper Jaffray completed the acquisition of
FAMCO. The St. Louis asset management firm has $8.2 billion of
assets under management and serves clients through separately
managed accounts and closed end funds, and offers an array of
investment products, including traditional core equity,
quantitative and hedged equity, master limited partnerships, and
fixed income. 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, Hong Kong, Shanghai
and Beijing. Piper Jaffray & Co. is the firm's principal
operating subsidiary. (NYSE:PJC) (http://www.piperjaffray.com/)
Since 1895. Member SIPC and FINRA. DATASOURCE: Piper Jaffray
Companies CONTACT: Media Relations, Rob Litt of Piper Jaffray
Companies, +1-612-303-8266 Web site: http://www.piperjaffray.com/
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