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BOSTON, Nov. 3 /PRNewswire-FirstCall/ -- Piper Jaffray & Co. continues to grow its presence in the Northeast with the hire of Matt Dagher as a managing director in municipal trading. Dagher brings more than 20 years of municipal trading experience to Piper Jaffray and will work with clients throughout the nation to provide markets on Northeastern municipal credits.

"Matt brings an impressive amount of experience and tremendous leadership to our team in Boston," said Frank Fairman, head of Public Finance Services at Piper Jaffray. "We're focused on offering clients unmatched municipal finance service and expertise, and we are excited to have Matt help us further this mission."

Prior to joining Piper Jaffray, Dagher was a managing director at SAMCO Capital Markets, where he was the head trader and instrumental in establishing a municipal trading presence in the Northeast. In addition, he spent 10 years with RBC Dain Rauscher, where he led trading in the Northeast region for retail.

"This is an exciting time to join Piper Jaffray as the firm continues its focus on the institutional investor market and expands its presence in the Northeast region," said Dagher. "I look forward to leveraging my experience and working closely with the firm's investor base."

Piper Jaffray previously announced that Ike Papadopoulos joined the firm as vice president in investment banking for Public Finance Services. Papadopoulos works with clients in the Northeast in health care and higher education as well as in the governmental area.

About Piper Jaffray

Piper Jaffray & Co. is a leading, international middle market investment bank and institutional securities firm, which serves 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. Piper Jaffray & Co. is the firm's principal operating subsidiary. (NYSE: PJC) ( http://www.piperjaffray.com ).

Since 1895. Member SIPC and NYSE.

SOURCE Piper Jaffray & Co.
CONTACT: Media Relations, Rob Litt of Piper Jaffray, +1-612-303-8266
/Web site: http://www.piperjaffray.com
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