The appointment of David Wirdnam and Matt Traina will complement its debt capital markets and financial restructuring teams.

David Wirdnam joins debt capital markets and financial restructuring groups and Matt Traina joins the financial sponsors group, and will lead the firm’s coverage of west coast financial sponsors.

Mr. David brings more than 15 years of experience in originating, structuring and marketing non-investment grade loans and high yield bonds of all sizes in a wide range of sectors. He joins PJC after serving as a managing director in the leveraged finance group at Citigroup in the US and Europe.

Commenting on Mr. David’s appointment, Murray Huneke, Co-head of investment banking, said: “Helping our clients manage their balance sheet issues is one of our top strategic priorities, and David’s deep experience in the leveraged debt markets adds a critical dimension to our product capabilities.”

Mr. Traina brings more than 14 years of investment banking experience with a majority of the time spent working with financial sponsors in both an advisory and capital raising capacity. He was most recently a senior member of the financial sponsors group at Banc of America Securities.

Larry Zimmerman, Head of Industrials and Financial Sponsor Coverage, said: “The west coast financial sponsor community represents a very attractive opportunity for Piper Jaffray as we continue to build out our platform. Matt is an experienced and accomplished banker with a number of very strong private equity relationships, and we are thrilled to have him on board with us.”

Piper Jaffray is an international middle market investment bank and institutional securities firm, serving the needs of middle market corporations, private equity groups, public entities, nonprofit clients and institutional investors.