An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Piper Sandler Expands Fixed Income Platform With Several Key Hires
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Piper Sandler Companies (NYSE: PIPR) has bolstered its municipal and specialty finance/high-yield practice with the hiring of Andrew Deming as a managing director in the Minneapolis office. Deming, with nearly 20 years of experience in public finance and financial structuring, aims to enhance underwriting and deal structuring within the firm. This strategic addition follows other recent hires, including Michael Milewski and Frank Hammond, aiming to strengthen Piper Sandler’s fixed income platform and improve client services.
Positive
Hiring of Andrew Deming enhances underwriting and deal structuring capacity.
Recent hires indicate a strategic growth focus in fixed income and specialty finance.
Negative
None.
MINNEAPOLIS--(BUSINESS WIRE)--
Piper Sandler Companies (NYSE: PIPR), a leading investment bank, continues to grow its municipal and specialty finance/high-yield practice with the hiring of Andrew Deming as a managing director in the Minneapolis office. Deming joins the team with nearly 20 years of public finance, financial structuring and real estate experience.
Prior to joining the specialty finance team at Piper Sandler, Deming worked as a managing director at Jones Lang LaSalle in the firm’s capital markets group. He originally began his career in public finance at Piper Sandler in 2003, where he provided analytical support for the state housing agency business before transitioning to the fixed income derivatives desk.
As a managing director, Deming will focus on adding incremental underwriting and deal structuring capacity to the growing specialty finance businesses within the public finance group at Piper Sandler. He will also work to integrate public finance bankers with the broader fixed income sales and real estate finance groups in order to provide access to all possible capital markets solutions.
“We are excited to welcome Andrew back to the firm as we continue to grow the depth and breadth of our team,” said Kyle Javes, head of the high-yield and specialty finance team at Piper Sandler. “Andrew’s experience and deep expertise will greatly benefit our clients as well as our partners here at Piper Sandler.”
Deming’s hire comes on the heels of recent hires Michael Milewski and Frank Hammond. Milewski joined the firm as a vice president focusing on quantitative sales within the specialty finance/high-yield team. He came to Piper Sandler from Invesco, where he worked as a quantitative analyst in their municipal bond group. He brings critical quantitative skills and relationships that will compliment the firm’s ability to provide market-leading service to sophisticated asset managers and other buy-side customers.
Hammond joined Piper Sandler as a managing director on the institutional municipal sales team, where he is focused on expanding the firm’s high-yield and taxable distribution capabilities. His expertise in these leading asset class products will solidify and expand Piper Sandler’s fixed income platform. Prior to joining Piper Sandler, Hammond worked as a high-yield trader at J.P. Morgan and was most recently the lead municipal salesperson at Cantor Fitzgerald.
“We are thrilled with the momentum of our growing fixed income team and remain focused on providing best-in-class products, services and analytics to our valuable clients,” said John Beckelman, head of fixed income at Piper Sandler. “The addition of these talented professionals will further strengthen our market-leading fixed income platform.”
ABOUT PIPER SANDLER Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Piper Sandler Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates.
What does Andrew Deming's role at Piper Sandler Companies entail?
Andrew Deming has been hired as a managing director to enhance underwriting and deal structuring within the municipal and specialty finance/high-yield practice.
What recent hires has Piper Sandler made in 2022?
Piper Sandler recently hired Andrew Deming, Michael Milewski, and Frank Hammond to strengthen its fixed income and specialty finance teams.
How will Deming's experience benefit Piper Sandler?
Deming brings nearly 20 years of public finance and financial structuring experience, which will enhance the firm's service offerings and client solutions.
What is the significance of Deming's hiring for Piper Sandler's market position?
Deming's hiring is part of Piper Sandler's strategy to deepen its market presence in municipal and specialty finance, reflecting a commitment to growth.
