Piper Jaffray Expands Investment Management Business; Hires John Gibas as Institutional Marketing Director
January 24 2008 - 8:03AM
PR Newswire (US)
MINNEAPOLIS, Jan. 24 /PRNewswire-FirstCall/ -- Piper Jaffray has
hired John Gibas as institutional marketing director to strengthen
its investment management presence and build on the firm's
September 2007 acquisition of Fiduciary Asset Management, LLC
(FAMCO). In his new role, Gibas will further develop relationships
with institutional clients for FAMCO, including corporations,
public funds, endowments, foundations and financial institutions.
FAMCO, a wholly owned subsidiary of Piper Jaffray Companies,
currently manages $9 billion in assets and offers an array of
traditional and alternative strategies for institutional investors,
as well as private wealth clients. Gibas rejoins Piper Jaffray from
FAF Advisors & First American Funds where he focused on the
institutional marketplace. "John's extensive experience in the
institutional marketplace is an important part of our asset
management growth strategy and will allow us to expand our
institutional client relationships," said Wiley Angell, executive
managing director of FAMCO. Gibas will report to Angell and work
out of Minneapolis. He holds a bachelor's degree in accounting from
the University of Minnesota and a master's degree from the Carlson
School of Management. 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, Hong Kong, Shanghai
and Beijing. Piper Jaffray & Co. is the firm's principal
operating subsidiary. (NYSE:PJC) (http://www.piperjaffray.com/)
Since 1895. Member SIPC and FINRA. DATASOURCE: Piper Jaffray
CONTACT: Media Relations, Rob Litt of Piper Jaffray,
+1-612-303-8266 Web site: http://www.piperjaffray.com/
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