Piper Jaffray Expands Financial Technology Investment Banking with Hiring of Bruce Urbanek

10/02/2017 | 08:00:31 AM

NEW YORK--(BUSINESS WIRE)--Oct. 2, 2017-- Piper Jaffray Companies (NYSE: PJC), a leading investment bank and asset management firm, is pleased to announce the hiring of Bruce Urbanek as a managing director in its financial institutions investment banking group focused on financial technology coverage. He will be based in the firm’s New York office.

Prior to joining Piper Jaffray, Urbanek was a director and co-founder of the financial technology investment banking practice at Houlihan Lokey, Inc. Previously, he was a vice president in the financial institutions group at Goldman, Sachs & Co. and had positions within the financial institutions and technology groups at Citigroup Global Markets, Inc. Over the course of his career, Urbanek has advised on a wide variety of M&A and capital-raising transactions for clients in the payments, financial processing, lending and capital markets sectors.

“Since entering the financial institutions space in 2015, we have been very focused on the convergence of banks and payment systems along with the broader technology marketplace,” said Chad Abraham, global co-head of investment banking and capital markets at Piper Jaffray.

“With more than 15 years of experience in the fintech sector, we look forward to harnessing Bruce’s expertise as we continue to expand our financial institutions group,” said Robert Hutchinson, head of financial institutions group (FIG) investment banking at Piper Jaffray. “The context he brings from working with fintech companies of various sizes and ownership structures will be especially beneficial as the market consolidates and evolves.”

Urbanek holds a bachelor’s degree in finance and entrepreneurship/small business management from Florida State University.

The FIG investment banking team consists of 27 dedicated professionals with 11 senior calling officers. The group has executed more than 361 M&A transactions totaling over $280 billion in deal value.

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 Piper Jaffray Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Piper Jaffray Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Asset management products and services are offered through five separate investment advisory affiliates―U.S. Securities and Exchange Commission (SEC) registered Advisory Research, Inc., Piper Jaffray Investment Management LLC, PJC Capital Partners LLC and Piper Jaffray & Co., and Guernsey-based Parallel General Partners Limited, authorized and regulated by the Guernsey Financial Services Commission.

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Source: Piper Jaffray

Piper Jaffray & Co.
Pamela Steensland, 612-303-8185
pamela.k.steensland@pjc.com