Bob Swerdling Joins Piper Jaffray Inc.'s California Public Finance Group.MINNEAPOLIS--(BUSINESS WIRE)--March 7, 1996--Bob Swerdling, 43, has joined the California public finance group of Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution Inc. a Minneapolis-based investment firm, as managing director. Swerdling, who will continue to serve as the principal financial advisor to the Official Creditors Committee in the Orange County bankruptcy, will be responsible for helping grow Piper Jaffray's public finance business in California. Piper Jaffray has significantly expanded its presence in California in recent years. In addition to retail offices in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Menlo Park Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. and Sacramento, the Company has public finance offices and fixed income institutional sales and trading in San Francisco and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . Prior to joining Piper Jaffray, Swerdling was senior vice president for Sutro public finance in San Francisco. Previously, he ran a short-term debt Short-term debt Debt obligations, recorded as current liabilities, requiring payment within the year. group for Standard & Poor's and served with the Department of Finance Administration for the state of New Mexico. "Bob is a well-respected, top quality banker," said Frank Fairman, managing director and manager of Piper Jaffray's Public Finance department. "His broad experience and proven track record will serve him well in his new role, and we feel fortunate to have him as a member of our organization." A native of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Swerdling attended the State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state. , Stoneybrook, and has a masters in economics from the University of Chicago. He, his wife, Glenda Tafoya, and their son, Samuel, reside in Oakland, Calif. Piper Jaffray Companies Inc. was founded in 1895 and has built a growing reputation as one of the nation's premier full-service investment companies. Piper Jaffray Companies Inc. is the parent company of Piper Jaffray Inc. - an investment firm with 78 retail sales offices in 17 Midwest, Mountain, Southwest and Pacific Coast states. Piper Jaffray also has capital markets offices in 15 cities. Other subsidiaries include Piper Capital Management Incorporated - a money management company with approximately $9 billion under management; and Piper Trust Company - a provider of trust services to individuals and institutions. Piper Jaffray Inc. is a member of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and other major stock exchanges. For more information about Piper Jaffray Companies, visit our home page on the Internet at http://www.piperjaffray.com/. CONTACT: Frank Fairman Public Finance 612/342-6657 1-800-333-6000 |
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