Piper Taps Tim Kelley for New San Antonio Office

DALLAS — Piper Jaffray & Co. has expanded its Texas operations with managing director Tim Kelley running the firm's new San Antonio office.

Kelley joined Piper Jaffray from Coastal Securities in San Antonio. He has more than 20 years of public finance experience in Texas and will focus on the fast-growing San Antonio area.

"Tim is a very experienced and highly respected banker in the Texas market, and he is a key addition to our team as we continue to grow and build our public finance presence in Texas," said Frank Fairman, head of public finance services at Piper.

Founded in 1895, Piper Jaffray provides a broad set of products and services, including equity and debt capital-markets products.

Headquartered in Minneapolis, the firm has offices across the U.S. and in London and Hong Kong.

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