Piper Jaffray Opens High Yield and Structured Products Office in Charlotte
July 10 2006 - 3:33PM
PR Newswire (US)
CHARLOTTE, N.C., July 10 /PRNewswire-FirstCall/ -- Piper Jaffray
& Co. is pleased to announce the opening of its high-yield and
structured products office in Charlotte. The office is located in
the downtown area in the Charlotte Plaza building at 201 S. College
Plaza and will offer clients a full suite of high-yield structured
products and services. "Charlotte is a business community that has
experienced tremendous growth, and it is important that we have an
office there to serve our clients," said Ben May, head of High
Yield and Structured Products at Piper Jaffray. "In addition, the
area produces exceptional talent, and our presence in Charlotte
provides us with the opportunity to build a comprehensive
high-yield and structured-products team." May, a North Carolina
native, joined Piper Jaffray last year after spending most of his
26-year career at Wachovia. May oversees high-yield and
structured-products sales and trading, and debt capital markets at
Piper Jaffray. Piper Jaffray currently has high-yield and
structured products offices in Minneapolis; San Francisco; Des
Moines, Iowa; Denver; New York City; Charlotte and Delafield, Wis.
Piper Jaffray & Co. is the chief operating subsidiary of Piper
Jaffray Companies (NYSE:PJC), a focused securities firm dedicated
to delivering superior financial advice, investment products and
transaction execution within selected sectors of the financial
services marketplace. The company currently operates through two
primary revenue-generating segments: Capital Markets and Private
Client Services. The sale of the company's Private Client Services
branch network, announced April 11, 2006, currently is pending. The
company's Capital Markets business generates revenue through two
groups, Corporate and Institutional Services and Public Finance
Services. Through its chief operating subsidiary, Piper Jaffray
& Co., the firm has served corporations, government and
nonprofit entities, institutional investors and the financial
advisory needs of private individuals since 1895. With headquarters
in Minneapolis, Piper Jaffray has approximately 2,800 employees in
107 offices in 23 states across the country and in London. For more
information about Piper Jaffray, visit us online at
http://www.piperjaffray.com/ . Since 1895. Member SIPC and NYSE.
DATASOURCE: Piper Jaffray & Co. CONTACT: Rob Litt of Piper
Jaffray & Co., +1-612-303-8266 Web site:
http://www.piperjaffray.com/
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