Piper Jaffray Strengthens Leadership in TMT Investment Banking
March 31 2011 - 10:45AM
Business Wire
Piper Jaffray (NYSE: PJC), announced today that it has hired
Marc Steifman as managing director and head of west coast
technology investment banking. Steifman will join the firm on June
27 and be based in San Francisco.
“TMT is an important growth sector and a strategic focus of our
firm,” said Chad Abraham, global co-head of investment banking and
capital markets. “Marc will enhance our existing coverage of this
dynamic sector and lead further expansion of our footprint.”
“Marc’s extensive transaction experience in the TMT sector and
across all products will make him a valuable partner for our
clients,” said Mark Leavitt, global group head of TMT investment
banking. “He has a proven track record and complements our existing
team well.”
Steifman brings 16 years of experience primarily in the
electronics and hardware sector. Most recently he was managing
director in technology investment banking with Jefferies, and prior
to that at Bear Stearns and Prudential Securities. Steifman earned
a bachelor's degree from Dartmouth College and a master's degree in
business administration from the University of Chicago.
Piper Jaffray has a global TMT investment banking and capital
markets team of 40. Since 2006, the team has represented clients in
125 transactions with an aggregate value of $22 billion. In
addition, the firm has 11 senior research analysts, covering 173
stocks across the broad spectrum of TMT universes, including
internet, software, communications, semiconductors and hardware,
services, media and entertainment.
About Piper Jaffray
Piper Jaffray is a leading middle market investment bank and
asset management firm serving clients in the U.S. and
internationally. A proven advisory team combines deep product and
sector expertise with ready access to global capital. Founded in
1895, the firm is headquartered in Minneapolis and has offices
across the United States and in London and Hong Kong.
www.piperjaffray.com
Since 1895. Member FINRA.© 2011 Piper Jaffray & Co., 800
Nicollet Mall, Suite 800, Minneapolis, Minnesota 55402-7020
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