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Piper Jaffray Appoints Doug Cameron to Boost Global Leadership in Renewable Energy and Clean Technology
MINNEAPOLIS--August 1 2008 --Piper Jaffray, a global leader in renewable energy and clean technology, announced today the addition of one of the leading figures in this emerging industry, Doug Cameron, as managing director and chief science advisor. Cameron formerly served as the chief scientific officer at Khosla Ventures and was director of biotechnology at Cargill. He will work with Lois Quam, leader of strategic investing for green economy and health at Piper Jaffray, in building the firm’s global franchise in renewable energy and clean technology.
“The creation and growth of companies in
the green economy is the economic opportunity of our lifetime,” said
Quam. “Doug operates in all the scientific and business areas
related to this space. Together, we will deliver on the full breadth
of opportunities in energy efficiency, clean technology and
renewable energy businesses. These opportunities are driven by
multiple, enduring and inter-related factors: oil supply and price
issues, climate change, government actions, consumer and business
demand, and world population growth.”
At Piper Jaffray, Cameron will work with
the firm’s industry-leading clean technology and renewable energy
investment banking team in the origination and diligence of global
opportunities. He will also explore alternative investments and
other opportunities for the firm.
“Doug’s unique position as a scientist
and business person who has worked in this industry since its
creation is a remarkable asset for Piper Jaffray,” said Murray
Huneke, co-head of investment banking at Piper Jaffray & Co. “His
experience in China and other global settings provides a great
benefit to us given our significant investment banking business in
clean technology and renewable energy in China. His expertise will
also allow us to assist our clients in traditional industry sectors
who are seeking to respond to the environmental and natural resource
imperatives they face.”
Cameron received his bachelor’s degree
in biomedical engineering from Duke University and Ph.D. in
biochemical engineering from the Massachusetts Institute of
Technology. He will start with Piper Jaffray on Aug. 11 and will be
based in Minneapolis.
“I am delighted to join a global
financial services firm with a long history, breadth of offerings,
and thought leadership in renewable energy and clean technology,”
said Cameron. “I look forward to working with my colleagues to
achieve the full potential of this space and enhance the firm’s
global leadership.”
Piper Jaffray & Co. has been the number
one U.S clean technology underwriter since 2006(a) and boasts an
international clean technology and renewables team that stretches
from Asia to Europe to the United States and includes project
finance, investment banking, research, and sales and trading
professionals. In addition, the firm’s private capital team launched
the first U.S.-based clean technology fund of funds in 2005.
Cameron’s appointment follows the hiring of Michael Covington as the
head of Piper Jaffray Ltd’s European clean technology and renewables
investment banking earlier this year.
(a) Source: Thompson Financial. Ranked
by number of deals as of 12/5/2007
About Piper Jaffray
Piper Jaffray Companies (NYSE: PJC - News) is a leading, 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. Founded in 1895, Piper Jaffray provides a comprehensive set of products and services, including equity and debt capital markets products; public finance services; mergers and acquisitions advisory services; high-yield and structured products; institutional equity and fixed-income sales and trading; and equity and high-yield research. With headquarters in Minneapolis, Piper Jaffray has 25 offices across the United States and international locations in London, Hong Kong, and Shanghai. Piper Jaffray & Co. is the firm's principal operating subsidiary. (http://www.piperjaffray.com)
For more information contact:
Piper Jaffray
Media Relations:
Rob Litt, 612-303-8266
© 2008 Piper Jaffray & Co., 800 Nicollet Mall, Suite 800, Minneapolis, Minnesota 55402-7020
InvestorIdeas.com Disclaimer: Issuers of press releases are solely responsible for the accuracy of the content.
Source: Piper Jaffray
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