Piper Jaffray Announces Addition of Erik Carneal to Business Services Group with a Focus on Education Sector
March 23 2009 - 8:33AM
Business Wire
Piper Jaffray & Co. strengthened its U.S. investment banking
team with the addition of Erik Carneal as managing director within
the firm�s business services group. Carneal, who brings almost 10
years of experience, will work out of the firm's New York
office.
Carneal joins Piper Jaffray from Bank of America where he was a
managing director, responsible for new business development and
transaction execution for all forms of strategic advisory and debt
and equity capital raising. He previously served as the director of
education at Sylvan Learning Systems, and was a teacher at The
Potomac School in McLean, Va.
"We are very pleased to welcome Erik Carneal to Piper Jaffray.
He brings a blend of investment banking experience combined with a
background in education giving him a unique perspective into the
advisory and capital raising needs of education clients,� said
Murray Huneke, co-head of investment banking at Piper Jaffray. "We
have a strong history and commitment to education and business
services, and Erik�s addition broadens and deepens our
expertise.�
"Business services and education companies are seeing increased
demand for their services, and Piper Jaffray offers a global
platform for these growth companies to best capitalize themselves
in an otherwise challenging fundraising environment,� Carneal
said.
Carneal earned a bachelor�s degree in psychology from Princeton
University, a master of education degree from Harvard University
and a master of business administration from the J.L. Kellogg
Graduate School of Management at Northwestern University.
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
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