Market Mergers and Acquisitions Group
CHICAGO, Aug. 26 /PRNewswire-FirstCall/ -- U.S. Bancorp Piper Jaffray
(Piper Jaffray) is pleased to announce that Jeff A. Rosenkranz has joined the
firm as a managing director in the firm's middle market mergers and
acquisitions (M&A) group. He will lead Piper Jaffray's Chicago investment
banking office, and with Glenn Gurtcheff, will co-head Piper Jaffray's middle
market M&A effort. Gurtcheff is based in the firm's Minneapolis headquarters
office.
Rosenkranz, 38, has 16 years of middle market corporate finance experience
and joins Piper Jaffray from Merrill Lynch & Co., in Chicago and New York,
where he was a managing director in their exclusive sales group. During his
14-year tenure at Merrill, Rosenkranz represented numerous Fortune 500
companies, private equity groups and entrepreneurs in the sale of businesses
and originated and closed over $2 billion of transactions in the last three
years. In addition to his extensive M&A expertise, Rosenkranz has also been
involved in private placements and has managed a subordinated debt investment
fund. His M&A experience spans across many industries including industrial,
consumer, transportation, business services and health care. Before joining
Merrill in 1988, Rosenkranz was with the Bank of New York in New York in the
corporate finance group.
Given Piper Jaffray's consistent leading presence in middle market M&A,
we view Jeff's hiring as a perfect strategic fit for the firm,
said Thomas
Schnettler, president of U.S. Bancorp Piper Jaffray's Equity Capital Market
Division. His solid relationships and proven expertise within the middle
market M&A arena will enable us to continue to gain share in this area.
Having spent my whole career serving middle market companies, I am
excited to be joining Piper Jaffray with its tremendous reputation in the
middle market and its talented team in the M&A group,
said Rosenkranz.
Rosenkranz holds a bachelor of science degree in business administration
from Washington University, in St. Louis, Mo., and a master of business
administration from the Johnson Graduate School of Management at Cornell
University in Ithaca, N.Y. He resides in Glencoe, Ill., with his wife and two
children.
U.S. Bancorp Piper Jaffray, a subsidiary of Minneapolis-based
U.S. Bancorp (NYSE: USB), is a focused securities firm comprised of three
divisions: Equity Capital Markets, Fixed Income Capital Markets and Private
Advisory Services. The firm provides a full range of investment products and
services to individuals, institutions and businesses. The firm has over
120 offices in 23 states across the country. The Equity Capital Markets
Division focuses on the needs of growth companies in the health care,
technology, financial institutions, consumer and communications growth
sectors. The firm has a national reputation for its expertise in fundamental
research and equity and debt financing. The Fixed Income Capital Markets
business provides bond issuers, individual investors and institutional
investors expertise in investment banking, underwriting, trading, sales and
research. The firm offers innovative solutions in corporate and government
debt financings with particular expertise in corporate, health care/hospitals,
real estate, higher education and government debt. The Private Advisory
Services division financial advisors provide guidance in retirement planning,
education planning, estate planning and wealth accumulation. Investors select
from a wide array of products, including fee-based products, stocks, bonds,
mutual funds, annuities, insurance and trust services. U.S. Bancorp offers a
comprehensive range of financial solutions through U.S. Bank, U.S. Bancorp
Asset Management, U.S. Bancorp Investments and U.S. Bancorp Piper Jaffray. For
more information on U.S. Bancorp Piper Jaffray, visit www.piperjaffray.com .
Non-deposit investment products are not insured by the FDIC, are not deposits
or other obligations of or guaranteed by U.S. Bank National Association or its
affiliates, and involve investment risks, including possible loss of the
principal amount invested.
Nondeposit investment products are not insured by the FDIC, are not
deposits or other obligations of or guaranteed by U.S. Bank National
Association or its affiliates, and involve investment risks, including
possible loss of the principal amount invested. Securities products and
services are offered through U.S. Bancorp Piper Jaffray Inc., member SIPC and
NYSE, Inc., a subsidiary of U.S. Bancorp. (5/99-0679)
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SOURCE U.S. Bancorp Piper Jaffray
-0- 08/26/2002
/CONTACT: Dana H. Wade, Public Relations of U.S. Bancorp Piper Jaffray,
+1-650-838-1329/
/Web site: http://www.piperjaffray.com /
(USB)
CO: U.S. Bancorp Piper Jaffray
ST: Minnesota
IN: FIN PUB
SU: PER
ES-KE
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