Piper Jaffray & Co. strengthened its U.S. equity sales and trading team
with the addition of Terry McCabe as a managing director where he will
co-manage New York equity sales trading with Dan Flanigan. McCabe, who
brings more than 20 years of experience, will work out of the firm’s
New York office.
McCabe joins Piper Jaffray from Bear Stearns & Co., where he was senior
managing director, leading a team of more than 30 traders that covered
approximately 800 accounts before returning to focus on sales.
“We continue to add high-quality equity sales
and trading talent to our platform, and in this time of turmoil we
remain dedicated to continuing to serve our clients with the highest
quality professionals on Wall Street,” said
Jim Fehrenbach, head of equity sales and trading at Piper Jaffray. “Terry’s
extensive leadership experience and client service complement Dan’s
deep client relationships and trading capability.”
McCabe earned a bachelor’s degree in English
from the Fordham University and a law degree from Pace University School
of Law.
About Piper Jaffray
Piper Jaffray Companies (NYSE: PJC) is a leading, international middle
market investment bank and institutional securities firm, serving the
needs of middle market corporations, private equity groups, public
entities, nonprofit clients and institutional investors. Founded in
1895, Piper Jaffray provides a comprehensive set of products and
services, including equity and debt capital markets products; public
finance services; mergers and acquisitions advisory services; high-yield
and structured products; institutional equity and fixed-income sales and
trading; and equity and high-yield research. With headquarters in
Minneapolis, Piper Jaffray has 28 offices across the United States and
international locations in London, Hong Kong, and Shanghai. Piper
Jaffray & Co. is the firm's principal operating subsidiary. (www.piperjaffray.com)
Since 1895. Member SIPC and FINRA.
© 2008 Piper Jaffray & Co., 800 Nicollet
Mall, Suite 800, Minneapolis, Minnesota 55402-7020
Piper Jaffray Companies
Media Relations
Rob Litt, 612-303-8266
