Piper Jaffray Adds Senior Analyst Michael Lavery to Consumer Equity Research

05/03/2017 | 03:21:36 PM

NEW YORK --(BUSINESS WIRE)--May 3, 2017-- Piper Jaffray Companies (NYSE: PJC), a leading investment bank and asset management firm, is pleased to announce the hiring of Michael Lavery as a senior research analyst covering packaged food and tobacco companies. He will be based in the firm’s New York office.

Previously, Lavery was a senior analyst and director covering tobacco and packaged foods at CLSA Americas LLC , and also spent over three years supporting coverage of beverages. He was named the No. 1 stock picker in tobacco in 2013 by Starmine. Prior to CLSA, he worked at Kraft Foods and covered food manufacturers as a research associate at Citigroup for four years before spending two years in a consulting role at Booz & Co working with consumer companies. Prior to business school, he was in public accounting at PricewaterhouseCoopers .

“With the evolving consumer and retail landscape, we look forward to adding Michael’s packaged food, tobacco and beverage coverage to our platform,” said Michael Cox , director of equity research at Piper Jaffray . “We believe the combination of Michael’s industry and sell-side experience of over 11 years brings a differentiated research product that will deliver value to our clients.”

Lavery holds a Master of Business Administration degree from Columbia Business School and a bachelor’s degree in commerce from the University of Virginia .

The Piper Jaffray equity research group consists of 35 senior analysts covering 659 companies in the following sectors: healthcare, energy, financial institutions, technology, consumer, industrials, agriculture and clean tech & renewables.

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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Source: Piper Jaffray Companies

Piper Jaffray & Co.
Pamela Steensland, 612-303-8185
pamela.k.steensland@pjc.com