NEW YORK--(BUSINESS WIRE)--Apr. 28, 2009--
Piper Jaffray & Co. strengthened its public finance banking and
municipal trading expertise with three recent hires. John Coan has
joined Piper Jaffray as managing director to focus on large issuer
business on the East Coast and expand the firm’s presence in the
transportation sector. Coan has more than 15 years industry experience
and was most recently with Bank of America.
“We are pleased to have John join our Public Finance team and feel he
will be a key to our expansion in the transportation sector,” said Frank
Fairman, head of public finance at Piper Jaffray. “John’s history of
working with clients to find financial solutions is a great cultural fit
with our firm.”
Piper Jaffray recently hired Joanna Brody as a principal to head short
term institutional fixed and variable rate trading and underwriting.
Brody has more than 15 years industry experience and was most recently
at UBS Securities where she oversaw a $55 billion variable rate program.
She was also a member of capital markets executive team and a crisis
management team leader.
Additionally, Piper Jaffray hired Zach Tucker who joins the firm as an
assistant vice-president and institutional taxable municipal trader.
Tucker joins Piper Jaffray from Citigroup where he was a taxable
municipal trader and coordinated trading with retail, middle market and
institutional clients. He will be working closely with the underwriting
and sales teams as well as the institutional taxable and middle market
“As we expand our large issuer business, we felt that Joanna’s industry
experience and leadership would assure that we continue to offer our
clients the most effective variable rate financing and pricing
solutions,” said Brad Winges, head of fixed income services at Piper
Jaffray. “We believe that the taxable municipal market will grow
significantly, and the addition of Zach will enhance our expertise for
issuers and our buy-side clients.”
All three of the new hires will work out of the firm’s New York office.
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
Rob Litt, 612-303-8266