Piper Jaffray Continues Expansion of Asia Business
March 13 2011 - 9:00PM
Business Wire
Piper Jaffray (NYSE: PJC), a leading middle-market investment
bank and asset management firm serving clients in the U.S. and
internationally, announced it has recently added four senior
professionals to its Asia business across investment banking, sales
and trading, and research.
Tony Chan, managing director, will lead the consumer, industrial
growth and clean technology efforts in Asia; Joseph Ng, managing
director, has joined the Asia-based industrial growth group; Jeff
Seo, managing director, will lead a new effort distributing Asia
securities to U.S. institutional investors; Vik Chopra, vice
president, will cover China industrial growth stocks, moving to
Asia from the firm’s London office.
“Expanding our presence in China is one of our key strategic
priorities over the next five years. China- and Hong Kong-based
companies represent a significant portion of the global equity
capital raised by middle-market companies, and our sector expertise
aligns well," said Tom Schnettler, president and chief operating
officer at Piper Jaffray. "These new team members will help us
drive our strategic efforts in originating and distributing Asia
securities.”
Alex Ko, head of Piper Jaffray Asia, added: "Asia is a dynamic
market and more than ever middle-market clients need a trusted
advisor like Piper Jaffray. Since the end of 2009, we have expanded
our team by 30%, and we continue to look for talent to expand our
franchise in this important market."
Piper Jaffray currently has 85 professionals located in its Hong
Kong and Shanghai offices. Through its banking, sales, trading, and
research groups in Asia and globally, Piper Jaffray is a leader in
serving Asia-based investors and issuers on U.S. and Hong Kong
exchanges.
About Piper JaffrayPiper Jaffray is a leading
middle-market investment bank and asset management firm serving
clients in the U.S. and internationally. A proven advisory team
combines deep product and sector expertise with ready access to
global capital. Founded in 1895, the firm is headquartered in
Minneapolis and has offices across the United States and in London
and Hong Kong. www.piperjaffray.com
Securities brokerage and investment banking services are offered
in the United States through Piper Jaffray & Co., member SIPC
and FINRA; in Europe through Piper Jaffray Ltd, authorized and
regulated by the Financial Services Authority; and in Hong Kong
through Piper Jaffray Asia Limited, Piper Jaffray Asia Securities
Limited, and Piper Jaffray Asia Futures Limited, all of which are
registered with the Hong Kong Securities and Futures
Commission.
© 2011 Piper Jaffray Companies. 800 Nicollet Mall,
Minneapolis, Minnesota 55402-7020.
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