Piper Sandler Expands Fixed Income Team with the Addition of Matt Monaco
Piper Sandler Companies (NYSE: PIPR) has announced the addition of Matt Monaco as a managing director to its fixed income trading team. This strategic move aims to expand the firm's U.S. Small Business Administration (SBA) 7(a) loan platform. Monaco, with over 25 years of experience in the government-guaranteed loan sector, joins from Memphis Capital and will lead SBA loan trading and pool assembly efforts at Piper Sandler.
Chris Howley, head of structured finance, emphasized that Monaco's expertise will enhance the firm's ability to serve financial institution clients by providing liquidity as a purchaser of guaranteed 7(a) loans and offering new issue 7(a) pooled securities. Jon Allen, head of fixed income trading and risk, expressed confidence that Monaco's addition will strengthen the quality of support and service for depository institutional partners.
Piper Sandler Companies (NYSE: PIPR) ha annunciato l'aggiunta di Matt Monaco come direttore generale del suo team di trading di reddito fisso. Questa mossa strategica mira a espandere la piattaforma di prestiti SBA 7(a) dell'azienda negli Stati Uniti. Monaco, con oltre 25 anni di esperienza nel settore dei prestiti garantiti dal governo, proviene da Memphis Capital e guiderà le operazioni di trading e l'assemblaggio di pool di prestiti SBA presso Piper Sandler.
Chris Howley, responsabile della finanza strutturata, ha sottolineato che l'esperienza di Monaco migliorerà la capacità dell'azienda di servire i clienti istituzionali offrendo liquidità come acquirente di prestiti garantiti 7(a) e proponendo nuove emissioni di titoli aggregati 7(a). Jon Allen, responsabile del trading di reddito fisso e del rischio, ha espresso fiducia nel fatto che l'aggiunta di Monaco rafforzerà la qualità del supporto e del servizio per i partner istituzionali depositari.
Piper Sandler Companies (NYSE: PIPR) ha anunciado la incorporación de Matt Monaco como director general en su equipo de negociación de renta fija. Este movimiento estratégico tiene como objetivo expandir la plataforma de préstamos SBA 7(a) de la firma en Estados Unidos. Monaco, con más de 25 años de experiencia en el sector de préstamos garantizados por el gobierno, se une desde Memphis Capital y liderará las operaciones de negociación de préstamos SBA y la formación de grupos en Piper Sandler.
Chris Howley, jefe de finanzas estructuradas, enfatizó que la experiencia de Monaco mejorará la capacidad de la firma para servir a los clientes de instituciones financieras, proporcionando liquidez como comprador de préstamos garantizados 7(a) y ofreciendo nuevos títulos agrupados 7(a). Jon Allen, jefe de negociación de renta fija y riesgo, expresó confianza en que la incorporación de Monaco fortalecerá la calidad del apoyo y servicio para los socios institucionales de depósito.
Piper Sandler Companies (NYSE: PIPR)는 Matt Monaco를 고정 수익 거래 팀의 전무 이사로 추가한다고 발표했습니다. 이 전략적 결정은 회사의 미국 소상공인청(SBA) 7(a) 대출 플랫폼을 확장하기 위해 이루어졌습니다. Monaco는 정부 보증 대출 분야에서 25년 이상의 경험을 보유하고 있으며, Memphis Capital에서 합류하여 Piper Sandler에서 SBA 대출 거래 및 풀 구성 작업을 이끌게 됩니다.
구조화 금융 부문 책임자인 Chris Howley는 Monaco의 전문성이 회사의 금융 기관 고객에게 보증된 7(a) 대출 구매자로서 유동성을 제공하고 새로운 7(a) 묶음 증권을 제공함으로써 고객을 지원할 능력을 향상시킬 것이라고 강조했습니다. 고정 수익 거래 및 위험 관리 책임자인 Jon Allen은 Monaco의 합류가 예금 기관 파트너에 대한 지원 및 서비스의 품질을 강화할 것이라고 확신하고 있습니다.
Piper Sandler Companies (NYSE: PIPR) a annoncé l’ajout de Matt Monaco en tant que directeur général de son équipe de négociation de titres à revenu fixe. Ce mouvement stratégique vise à étendre la plateforme de prêts SBA 7(a) de l’entreprise aux États-Unis. Monaco, fort de plus de 25 ans d’expérience dans le secteur des prêts garantis par le gouvernement, rejoint l'entreprise en provenance de Memphis Capital et dirigera les efforts de négociation des prêts SBA et de constitution de pools chez Piper Sandler.
Chris Howley, responsable de la finance structurée, a souligné que l’expertise de Monaco renforcera la capacité de l’entreprise à servir ses clients institutionnels en fournissant de la liquidité en tant qu’acheteur de prêts garantis 7(a) et en proposant de nouveaux titres regroupés 7(a). Jon Allen, responsable de la négociation des titres à revenu fixe et du risque, a exprimé sa confiance dans le fait que l’ajout de Monaco renforcera la qualité du soutien et du service pour les partenaires institutionnels déposants.
Piper Sandler Companies (NYSE: PIPR) hat die Ernennung von Matt Monaco zum Geschäftsführer seines Teams für festverzinsliche Wertpapiere bekannt gegeben. Dieser strategische Schritt zielt darauf ab, die SBA 7(a)-Darlehensplattform des Unternehmens in den USA auszubauen. Monaco bringt über 25 Jahre Erfahrung im Bereich der staatlich garantierten Darlehen mit und kommt von Memphis Capital, wo er die Handels- und Poolbildungsaktivitäten für SBA-Darlehen bei Piper Sandler leiten wird.
Chris Howley, Leiter der strukturierten Finanzierungen, betonte, dass Monacos Expertise die Fähigkeit des Unternehmens verbessern wird, Institutionen als Käufer garantierter 7(a)-Darlehen Liquidität zu bieten und neue emittierte 7(a)-Poolwertpapiere anzubieten. Jon Allen, Leiter des Handels mit festverzinslichen Wertpapieren und Risiko, äußerte sich zuversichtlich, dass Monacos Hinzukommen die Qualität der Unterstützung und Dienstleistung für einlagende institutionelle Partner stärken wird.
- Expansion of fixed income team with experienced professional
- Strategic buildout of U.S. SBA 7(a) loan platform
- Enhanced ability to serve financial institution clients
- Potential for increased liquidity in guaranteed 7(a) loans
- Strengthened offering of new issue 7(a) pooled securities
- None.
“Matt is a well-known and highly respected member of the SBA community. We are excited to have him on board leading this effort for Piper Sandler. Matt’s extensive experience and market relationships will help us better serve our financial institution client base by providing them liquidity as a purchaser of guaranteed 7(a) loans as well as offering them new issue 7(a) pooled securities,” said Chris Howley, head of structured finance at Piper Sandler.
“We are thrilled to add Matt to the team here at Piper Sandler. The addition of someone of his caliber gives us strong confidence we will be providing quality support and service for our depository institutional partners,” said Jon Allen, head of fixed income trading and risk at Piper Sandler.
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Nick Lawler
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Source: Piper Sandler Companies
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