Piper Jaffray Hires Co-Head of Health Care Investment Banking
January 16 2007 - 11:20AM
PR Newswire (US)
NEW YORK, Jan. 16 /PRNewswire-FirstCall/ -- Piper Jaffray announces
that it has expanded its health care investment banking platform
with the hire of Stuart Duty, as a managing director and co-head of
the Health Care Investment Banking team. He will lead the firm's
biotechnology effort and will be based in New York. Duty has more
than 19 years of experience advising and serving clients in health
care investment banking. He most recently was a partner, the chief
operating officer and director of strategic investments for Oracle
Investment Management, Inc., in Greenwich, Conn. In this role, he
managed operations for one of the leading health care equity funds
under management. Duty previously served as the co-head of health
care investment banking at Piper Jaffray from 1999-2001. "We are
thrilled to expand our health care team with the addition of Stuart
as co-head," said Jon Salveson, head of Investment Banking at Piper
Jaffray. "Stuart has extensive relationships and knowledge in
health care and specifically the biotechnology industry and it is a
tremendous opportunity to have a partner of his experience and
expertise back with us at Piper Jaffray." Duty has a master's of
business administration degree from Harvard Business School and a
bachelor's degree in biochemistry from Occidental College in Los
Angeles. About Piper Jaffray Piper Jaffray Companies 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 25 offices across the United States and international
locations in London, Madrid and Shanghai. The firm's UK operating
subsidiary, Piper Jaffray Ltd., is authorized and regulated by the
Financial Services Authority and is a member of the London Stock
Exchange. Piper Jaffray & Co. is the firm's principal operating
subsidiary. (NYSE:PJC) ( http://www.piperjaffray.com/ ) Since 1895.
Member SIPC and NYSE. DATASOURCE: Piper Jaffray CONTACT: Susan
Beatty, Media Relations, of Piper Jaffray & Co.,
+1-612-303-5680 Web site: http://www.piperjaffray.com/
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