NEW YORK--(BUSINESS WIRE)--Jun. 9, 2009--
Piper Jaffray & Co. strengthened its investment banking capabilities
with the additions of David Wirdnam and Matt Traina as managing
directors. Wirdnam will provide debt advisory and origination services,
working with the firm’s debt capital markets and financial restructuring
groups. Traina joins the financial sponsors group and will lead the
firm’s coverage of west coast financial sponsors. Wirdnam will be based
in New York and Traina will be based in San Francisco.
Wirdnam brings more than 15 years of experience in originating,
structuring and marketing non-investment grade loans and high yield
bonds of all sizes in a wide range of sectors. He joins Piper Jaffray
after serving as a managing director in the leveraged finance group at
Citigroup in the U.S. and Europe where he led corporate financings for a
variety of transactions, including acquisitions; leveraged buyouts,
re-capitalizations and distressed financings. Wirdnam earned a degree in
business administration from the University of Bath, in Bath, England.
“Helping our clients manage their balance sheet issues is one of our top
strategic priorities, and David’s deep experience in the leveraged debt
markets adds a critical dimension to our product capabilities,” said
Murray Huneke, co-head of investment banking. “He will be a strong
complement to our debt capital markets and financial restructuring
Traina brings more than 14 years of investment banking experience with a
majority of the time spent working with financial sponsors in both an
advisory and capital raising capacity. He was most recently a senior
member of the financial sponsors group at Banc of America Securities.
Traina holds a masters of business administration from New York
University, Stern School of Business and a bachelor’s of arts degree in
English and economics from Middlebury College.
“The west coast financial sponsor community represents a very attractive
opportunity for Piper Jaffray as we continue to build out our platform,”
said Larry Zimmerman, head of industrials and financial sponsor
coverage. “Matt is an experienced and accomplished banker with a number
of very strong private equity relationships, and we are thrilled to have
him on board with us.”
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. Piper Jaffray headquarters
are located in Minneapolis, Minnesota, with offices across the U.S. and
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.
© 2009 Piper Jaffray & Co., 800 Nicollet Mall, Suite 800, Minneapolis,
Source: Piper Jaffray & Co.
Piper Jaffray & Co.
Investor and Media Relations
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