Media

Piper Jaffray News Releases

 

News Releases  |  In the News

SAN FRANCISCO--(BUSINESS WIRE)--Jul. 1, 2009-- Piper Jaffray & Co. expanded its Technology Media and Telecommunications (TMT) group with the additions of David Silverman and Matt Kane as managing directors. Silverman and Kane join the TMT team in San Francisco and will be primarily responsible for expanding the group’s software franchise.

Silverman brings more than 12 years of experience in technology finance, both as an investment banker and as a venture capital partner. He joins Piper Jaffray after serving as a partner at international private equity firm 3i, where he was responsible for sourcing, execution and board roles in both late-stage and emerging private company transactions across the technology industry. Silverman began his finance career at Robertson Stephens as an investment banker in their technology group. Silverman earned a juris doctorate from Stanford Law School and bachelor’s degree in Government from Dartmouth College.

“David brings a tremendous amount of experience working with late-stage, best-of-breed private companies in the software area,” said David Castagna, co-head of TMT. “In addition, his relationships and client expertise interface well with our internet/media and business services technology efforts. He will be a strong complement to our team of experienced bankers.”

Kane brings 15 years of investment banking experience to Piper Jaffray. Most recently he was with Cowen and Company in their technology group responsible for mergers and acquisitions across various sectors of technology. Prior to Cowen he was at Thomas Weisel Partners and Merrill Lynch. Kane earned a bachelor’s degree in Economics and Philosophy from Dartmouth College.

“Kane brings extensive transaction experience to our platform and has many strong public and private company relationships. He will provide immediate execution capabilities for our technology efforts, especially in software,” said Castagna. “The additions of Silverman and Kane will create an immediate impact in growing our overall franchise.”

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

Source: Piper Jaffray

Piper Jaffray
Investor and Media Relations
Jennifer Olson-Goude, 612-303-6277