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.
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.
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. 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. At Piper Jaffray, Chen will work out of the Orange County, Calif. office, covering municipalities and land-based finance.-Business Wire