MINNEAPOLIS--(BUSINESS WIRE)--Sep. 17, 2013--
Piper
Jaffray (NYSE: PJC) is pleased to announce the addition of Greg
O’Stean as a senior vice president within the hospitality group. His
addition is an integral component of the firm’s hospitality finance
growth plans. O’Stean will be based in the firm’s Atlanta office,
responsible for new business development, owner relations and strategic
opportunities for the Piper Jaffray hospitality group.
O’Stean is a veteran hospitality professional with 25 years of
experience in the sector. O’Stean began his career with Ernst & Young’s
real estate group and later worked with IHG, Starwood Hotels & Resorts
Worldwide, GE Capital and most recently, as CFO and principal of Access
Point Financial, a hotel lender. He has been providing leadership in
commercial real estate for more than two decades with a broad background
in hotel finance, acquisitions, development, capital markets and asset
management.
Over the last 15 years, the Piper
Jaffray hospitality group has been the leading financier of
convention and conference center hotels via public-private partnerships,
and has recently diversified its business to include private hotel
projects. The addition of O’Stean will allow the firm to accelerate the
growth of this business segment.
“As a firm, we remain committed to strategically growing our hospitality
finance franchise,” said Frank
Fairman, head of Piper Jaffray public finance. “Greg’s track record
and experience will play a major role in driving our hospitality efforts
forward while further expanding capabilities for our clients.”
About Piper Jaffray
Piper
Jaffray is a leading investment bank and asset management firm
serving clients in the U.S. and internationally. Our proven advisory
teams combine deep industry, product and sector expertise with ready
access to capital. Founded in 1895, the firm is headquartered in
Minneapolis and has offices across the United States and in London and
Zurich. www.piperjaffray.com
Since 1895. Member SIPC and NYSE. © 2013 Piper Jaffray Companies, 800
Nicollet Mall, Suite 1000, Minneapolis, Minnesota 55402-7020
Source: Piper Jaffray Companies
Piper Jaffray Companies
Pamela Steensland, 612-303-8184
pamela.k.steensland@pjc.com
