NEW YORK--(BUSINESS WIRE)--Dec. 15, 2008--Piper Jaffray announced Victor Caruso has joined the firm's financial
restructuring team as a managing director in the New York office.
Caruso brings to Piper Jaffray more than 25 years of experience
providing strategic financial restructuring advice to management teams,
investor groups and other constituencies in Asia, Europe and North
America. Most recently, he was a managing director at Morgan Joseph &
Co. where he developed and implemented the firm's restructuring
practice. He was previously a partner at Gordian Group LLC, a managing
director at Bear, Stearns & Co. Inc., and was a founding member of the
Lehman Brothers restructuring group.
"With over 25 years of experience, Vic has significant financial
restructuring capabilities with companies ranging from those in the
middle market to the Fortune 500 across a broad range of industries and
geographies," said Murray Huneke, co-head of investment banking at Piper
Jaffray & Co. "His extensive background will allow us to expand our
differentiated and integrated advisory strategy, which combines our
strong advisory, restructuring and capital markets platforms to best
serve our clients."
Caruso was awarded Deal of the Year by Mergers & Acquisitions Magazine
in 2001, and has been recognized as one of the top investment bankers in
the restructuring field by The Deal magazine. Over his career, Caruso
has worked with companies such as Abercrombie & Fitch, AK Steel Company,
Alamo National Car Rental, Crystal Brands, Morrison Knudsen Group, Ticor
Title Insurance Co., Spiegel Corporation and United Airlines. He earned
a bachelor's degree in business from Miami University in Ohio and a
Master of Business Administration degree from the University of Chicago.
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. With headquarters in
Minneapolis, Piper Jaffray has 28 offices across the United States and
international locations 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.
(C) 2008 Piper Jaffray & Co., 800 Nicollet Mall, Suite 800, Minneapolis,
Minnesota 55402-7020
CONTACT: Piper Jaffray Companies
Media Relations:
Rob Litt, 612-303-8266
Source: Piper Jaffray Companies
