Jaffray Companies (NYSE: PJC), a leading investment bank and asset
management firm, has named James
Baker as global co-head of investment banking and capital markets,
effective January 1, 2019.
Baker will co-lead the group alongside Scott
LaRue who has served as global co-head of investment banking and
capital markets since 2010. Baker will also become a member of the
team and report to CEO Chad
Abraham. He will remain based in the firm’s Houston office.
Baker has been with Piper Jaffray since February 2016 through the firm’s
acquisition of Simmons
Energy | A Division of Piper Jaffray? (“Simmons”), where he has
served as co-head of energy investment banking for the past three years.
Baker joined Simmons in 2001 to help grow the firm’s
midstream/downstream platform. He was later promoted to lead the
midstream/downstream group and manage the upstream group, as well as
serve on the Simmons’ board and management committee. During his tenure
and in partnership with Fred
Charlton, Simmons has generated record banking revenues and upheld
its position as a premier investment bank in the energy sector.
“It is critical that we have the strongest leaders in place and James is
the ideal partner to help lead and continue to grow our largest
business. He brings a breadth of experience and an impressive track
record that will help move our investment banking and capital markets
business forward,” said Chad
Abraham, CEO of Piper Jaffray.
Charlton will continue to lead the energy practice as chairman and head
of energy investment banking.
“I am thrilled to be partnering with James. He is a terrific banker,
strategic thinker, team builder and inspirational leader. I look forward
to working with him to lead the next phase of growth for Piper Jaffray’s
investment banking business,” added Scott
LaRue, global head of investment banking and capital markets.
“Additionally, the energy practice is a key part of our growth strategy
and having such a talented, experienced leader like Fred who can
continue to guide the team gives us every confidence in the long-term
success of our energy business.”
Before joining Simmons, Baker held several positions within Koch
Industries including director of Koch energy, leading corporate finance
and corporate development initiatives for Koch’s energy businesses and
chief financial officer of Koch Gateway Pipeline Company (now
GulfSouth). Prior to that, he was a director for Alton Geoscience, where
he consulted with refining and marketing companies on the West Coast.
Baker is a member of the advisory board of the Posse Foundation, Houston
chapter. He holds a chemistry degree from Colorado College and earned a
Master of Business Administration degree from the University of Texas at
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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Minneapolis, Minnesota 55402-7036
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