Piper Jaffray Adds Structured Mortgage Products Group

Posted by Orb Staff on September 29, 2008 No Comments
Categories : Residential Mortgage

Piper Jaffray & Co., an international middle-market investment bank and institutional securities firm, has added team of five sales and trading professionals that form its structured mortgage products group. The team will focus its efforts on specific areas of the asset-back and mortgage markets.

‘There are great opportunities in the distressed market that a highly skilled team can leverage, and this is a market we will now serve with an industry-leading and experienced team,’ says Ben May, head of fixed-income services at Piper Jaffray.

Under the leadership of Cliff Corrall as managing director, the team will operate out of a newly opened office in Marina Del Ray, Calif.

Source: Piper Jaffray & Co.

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