MINNEAPOLIS--(BUSINESS WIRE)--Feb. 24, 2015--
Jaffray (NYSE: PJC), a leading investment bank and asset management
firm, is pleased to announce that senior bankers Len Sheer, Amrit
Agrawal and Bob Lauria joined the Piper Jaffray debt capital markets
group to help lead the expansion of the firm’s debt capabilities. They
each bring a strong track record for providing creative and
market-leading debt advisory and fundraising services to middle-market
Sheer will assume the role of global head of debt capital markets,
Chiarelli who will serve as co-head of debt capital markets. Agrawal
and Lauria will fill out the senior team as head of debt private
placements and principal, respectively. Sheer, Agrawal and Lauria will
be based in the firm’s New York office, while Chiarelli will continue to
be based in the firm’s Chicago office.
“Len, Amrit and Bob together with James will be highly valuable advisors
to both our corporate and private equity clients and their experience
complements the firm’s deep industry and full-service product
expertise,” said Ted
Christianson, head of the Piper Jaffraycapital
advisory group. “We look forward to accelerating our already
fast-growing DCM and broader capital advisory (debt restructuring and
private placement) platform into the next phase of growth.”
“The strength of our existing business has positioned us to attract
extremely talented professionals to drive the expansion of our
franchise. We are excited to leverage the talents of our new DCM bankers
to enhance the services we provide to corporate and private equity
clients,” said Chad
Abraham, global co-head of the Piper Jaffray investment banking and
capital markets group.
Len Sheer brings 20 years of banking experience, having most recently
served as managing director and co-head of debt capital markets at Cowen
Group, Inc. Previously, he was a managing director in debt capital
markets at Gleacher & Company and a senior analyst at the debt- and
equity-specialized hedge fund, Pardus Capital. Prior to Pardus, Sheer
was an M&A officer at Lehman Brothers and BNY Mellon. He began his
career as an associate at Fieldstone Private Capital Group. Sheer holds
a bachelor’s degree in finance and economics from Babson College.
Amrit Agrawal joins Piper Jaffray from Cowen Group, Inc. where he served
as a managing director in the debt capital markets group. He was
previously a managing director and co-head of technology, media &
telecom strategic finance at Bear Stearns. Prior to that, Agrawal worked
in the capital markets group at Bankers Trust. He holds a bachelor’s
degree in finance and accounting from the New York University Stern
School of Business.
Bob Lauria joins Piper Jaffray from Cowen Group, Inc. where he was a
director in the debt capital markets group. He previously worked in
investment banking at Moelis & Company and Lehman Brothers. Lauria holds
a bachelor’s degree in finance from Boston College and a Master of
Business Administration degree from Babson College.
About Piper Jaffray
Jaffray Companies (NYSE: PJC) is an investment bank and asset
management firm headquartered in Minneapolis with offices across the
U.S. and in London, Hong Kong* and Zurich. Securities brokerage and
investment banking services are offered in the United States through
Piper Jaffray & Co., member NYSE and SIPC, and in Europe through Piper
Jaffray Ltd., authorized and regulated by the Financial Conduct
Authority. Asset management products and services are offered through
three separate investment advisory affiliates registered with the U.S.
Securities and Exchange Commission: Advisory Research Inc., Piper
Jaffray Investment Management LLC and PJC Capital Partners LLC.
* License pending
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Minneapolis, Minnesota 55402-7020
Source: Piper Jaffray Companies
Piper Jaffray & Co.
Pamela Steensland, 612 303-8184