Piper
Jaffray Companies (NYSE: PJC), a leading investment bank and asset
management firm, announced today it has completed its purchase of Simmons
& Company International (“Simmons”), a premier international
investment bank specializing in the energy industry. With offices in
Houston, Aberdeen, and London, the group offers M&A advisory, capital
markets and equity research. The division will operate as Simmons &
Company International | Energy Specialists of Piper Jaffray.
“Our partnership with Simmons represents a significant step forward in
expanding the firm’s sector coverage,” said Andrew
Duff, chairman and CEO of Piper Jaffray. “The Simmons team is
comprised of highly regarded leaders in the energy industry, and we look
forward to combining forces to better serve our clients.”
Former chairman, president and CEO of Simmons, Michael
Frazier has joined the Piper Jaffray board of directors. He has been
with Simmons & Company International for over 20 years. In 2002 and
2005, he was appointed president and CEO respectively and in 2009
appointed chairman.
© 2016 Piper Jaffray Companies, 800 Nicollet Mall, Suite 1000,
Minneapolis, Minnesota 55402-7036
Simmons & Company International® | Energy Specialists of Piper Jaffray®
is a brand name used by certain broker/dealer affiliates of Piper
Jaffray Companies.
About Piper Jaffray
Piper Jaffray Companies (NYSE: PJC) is a
leading investment bank and asset management firm. Securities brokerage
and investment banking services are offered in the U.S. through Piper
Jaffray & Co., member SIPC and FINRA; in Europe through two separate
U.K.-based broker/dealers―Piper Jaffray Ltd., authorized and regulated
by the Financial Conduct Authority and Simmons & Company International
Limited, authorized and regulated by the Financial Conduct Authority and
the Dubai Financial Services Authority as a representative office; and
in Hong Kong through Piper Jaffray Hong Kong Limited, registered with
the Securities and Futures Commission. Asset management products and
services are offered through four separate investment advisory
affiliates―three registered with the U.S. Securities and Exchange
Commission (Advisory Research, Inc., Piper Jaffray Investment Management
LLC, and PJC Capital Partners LLC) and one international asset
management firm registered with the Guernsey Financial Services
Commission (Parallel General Partner Limited).
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