Piper Jaffray Enhances FAMCO Asset Management Business: Hires Maureen Decker as Head of Business Development

10/22/2009 | 07:53:00 AM

MINNEAPOLIS--(BUSINESS WIRE)--Oct. 22, 2009-- Piper Jaffray has hired Maureen Decker to lead business development for FAMCO, a wholly owned asset management subsidiary of Piper Jaffray Companies. In her new role, Decker will focus on developing relationships with institutional clients and consultants.

Decker brings 17 years of industry experience to FAMCO. Most recently she was marketing director at Invesco, where she focused on institutional products and services. Prior to that, Decker was at Deutsche Asset Management as a senior client service officer.

“Maureen brings tremendous experience in marketing institutional products and services,” said Wiley Angell, FAMCO chief executive officer. “She has a reputation for building strong business relationships and collaborating with clients. I look forward to partnering with her to increase awareness of FAMCO and our institutional products.”

“I was attracted to FAMCO because of the client orientation that permeates the organization,” said Decker. “FAMCO has smart, passionate and tenured investment professionals, and the firm has a reputation for high ethical standards.”

Decker will report to Angell and be located in Connecticut.

About FAMCO

FAMCO, a federally registered investment advisor founded in 1994, manages or supervises approximately $14 billion in assets through Flex Core Equity, Master Limited Partnerships, Fixed Income, Balanced and Quantitative Equity strategies for institutional clients and high net worth individuals. FAMCO is located in St. Louis, Missouri and has 52 employees, including 23 investment professionals.

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. Piper Jaffray headquarters are located in Minneapolis, Minnesota, with offices across the U.S. and 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.

© 2009 Piper Jaffray & Co., 800 Nicollet Mall, Suite 800, Minneapolis, Minnesota 55402-7020

Source: Piper Jaffray

Maggie Thoene, 314-446-6700
FAMCO