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Steven Schmidt Joins Piper Jaffray Technology, Media and Telecommunications Investment Banking Group

03/10/2015 | 11:00:44 AM

MINNEAPOLIS--(BUSINESS WIRE)--Mar. 10, 2015-- (NYSE:PJC), a leading investment bank and asset management firm, is pleased to announce the hiring of Steven Schmidt as a managing director in its technology, media and telecommunications (TMT) investment banking group. Schmidt will be based in the firms Minneapolis office with a focus on commerce enablement and financial technologies.

Schmidt was previously with Piper Jaffray investment banking and capital markets from 19972008, responsible for leading origination and execution efforts in technology capital markets. He then spent four years with , overseeing strategy and corporate development. Most recently, Schmidt served as a managing director and calling officer at , a technology-focused M&A boutique firm.

After a successful 2014, we are well-positioned to invest in our business and expanding our TMT team is a key strategic initiative for the firm. Our strong brand has helped attract high-caliber talent to drive this expansion, said , global co-head of the Piper Jaffray investment banking and capital markets group. We look forward to accelerating our TMT platforms growth with the addition of Steve.

Our TMT team has a strong track record acting as lead advisor to our clients and we are pleased to have Steve back at Piper Jaffray, said , global head of the Piper Jaffray technology, media and telecommunications investment banking group.

The growth of cloud commerce and the digital wallet are disrupting traditional solutions and Steve has significant experience advising companies in these converging spaces, added , global co-head of the Piper Jaffray technology, media and telecommunications investment banking group.

Schmidts addition follows the in the firms debt capital markets group. Piper Jaffray continues to actively seek opportunities to grow its business in 2015 and beyond.

About Piper Jaffray
(NYSE: PJC) is an investment bank and asset management firm headquartered in Minneapolis with offices across the U.S. and in London, Hong Kong* and Zurich. Securities brokerage and investment banking services are offered in the United States through Piper Jaffray & Co., member NYSE and SIPC, and in Europe through Piper Jaffray Ltd., authorized and regulated by the Financial Conduct Authority. Asset management products and services are offered through three separate investment advisory affiliates registered with the U.S. Securities and Exchange Commission: Advisory Research Inc., Piper Jaffray Investment Management LLC and PJC Capital Partners LLC.

* License pending

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Piper Jaffray & Co.
Pamela Steensland, 612-303-8185
pamela.k.steensland@pjc.com