SAN FRANCISCO--(BUSINESS WIRE)--Jul. 1, 2009--
Piper Jaffray & Co. expanded its Technology Media and Telecommunications
(TMT) group with the additions of David Silverman and Matt Kane as
managing directors. Silverman and Kane join the TMT team in San
Francisco and will be primarily responsible for expanding the group’s
software franchise.
Silverman brings more than 12 years of experience in technology finance,
both as an investment banker and as a venture capital partner. He joins
Piper Jaffray after serving as a partner at international private equity
firm 3i, where he was responsible for sourcing, execution and board
roles in both late-stage and emerging private company transactions
across the technology industry. Silverman began his finance career at
Robertson Stephens as an investment banker in their technology group.
Silverman earned a juris doctorate from Stanford Law School and
bachelor’s degree in Government from Dartmouth College.
“David brings a tremendous amount of experience working with late-stage,
best-of-breed private companies in the software area,” said David
Castagna, co-head of TMT. “In addition, his relationships and client
expertise interface well with our internet/media and business services
technology efforts. He will be a strong complement to our team of
experienced bankers.”
Kane brings 15 years of investment banking experience to Piper Jaffray.
Most recently he was with Cowen and Company in their technology group
responsible for mergers and acquisitions across various sectors of
technology. Prior to Cowen he was at Thomas Weisel Partners and Merrill
Lynch. Kane earned a bachelor’s degree in Economics and Philosophy from
Dartmouth College.
“Kane brings extensive transaction experience to our platform and has
many strong public and private company relationships. He will provide
immediate execution capabilities for our technology efforts, especially
in software,” said Castagna. “The additions of Silverman and Kane will
create an immediate impact in growing our overall franchise.”
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,
Minnesota 55402-7020
Source: Piper Jaffray
Piper Jaffray
Investor and Media Relations
Jennifer
Olson-Goude, 612-303-6277
