Piper Jaffray Continues to Build its California Municipal Finance Banking Team with Three Additional Bankers

  
    
  
  
    
      Piper Jaffray & Co. has hired three new public finance bankers to 
      further strengthen its municipal finance banking platform and help build 
      the firm’s large issuer business in the 
      California region. Bernie Mikell, Russell Reyes and Rosalyn Chen are 
      part of a significant growth initiative at Piper Jaffray as they join 
      nine other recent public finance banking hires from UBS in California 
      and the existing team of Piper Jaffray bankers in this region. This 
      group will focus on growing the firm’s state 
      and local government financing business in California. Piper Jaffray now 
      has 25 bankers serving California and the surrounding region.
    
    
      “We have made a significant investment in 
      growing our platform in California,” said 
      Frank Fairman, head of public finance services at Piper Jaffray. “Bernie, 
      Russell and Rosalyn bring a depth of expertise and relationships to our 
      team. They complement our existing group and the other recent hires that 
      we have made and will further enhance our leadership in California.”
    
    
      Mikell, a former banker at UBS, joins Piper Jaffray as a senior vice 
      president in the Sacramento, Calif. office. With significant industry 
      experience and strong relationships with a variety of large issuers in 
      California and other western states, he will be responsible for 
      developing new business with large issuers and leading the firm’s 
      efforts in building the municipal finance banking business at the state 
      level. Mikell holds a bachelor’s degree from 
      Hamilton College and a J.D. degree from the University of Virginia 
      School of Law.
    
    
      Reyes joins Piper Jaffray from UBS where he was part of the western 
      infrastructure group and worked with large issuers in California and 
      other states. With more than 14 years of public finance experience, he 
      has participated in more than 100 senior managed financings, 
      collectively worth more than $16 billion. His financing experience 
      includes general obligation, COP/lease revenue, water/wastewater, 
      pension obligation bonds and other types of debt. He will primarily 
      concentrate on coverage of large issuers in the western region. Reyes 
      earned a bachelor’s degree from the 
      University of California - Los Angeles, and will be based in the firm’s 
      Los Angeles office.
    
    
      Chen also joins Piper Jaffray from UBS where she was an associate 
      director on the land secured financing team. She has provided 
      structuring and execution for 65 bond issues totaling more than $1 
      billion in municipal infrastructure financing and has nine years of 
      experience in financial advisory, debt structuring, special tax and real 
      estate consulting and general analytical support tax-exempt bond 
      transactions. At Piper Jaffray, Chen will work out of the Orange County, 
      Calif. office, covering municipalities and land-based finance. She 
      earned a bachelor’s degree from the 
      University of California – San Diego and a 
      Master of Business Administration degree from the University of Southern 
      California.
    
    
      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, and Shanghai. Piper Jaffray & Co. is the 
      firm's principal operating subsidiary. (NYSE: PJC) (http://www.piperjaffray.com)
    
    
      Since 1895. Member SIPC and FINRA.
    
    
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      Mall, Suite 800, Minneapolis, Minnesota 55402-7020