Article: Piper Jaffray Poaches 3i Pro.(News)

Byline: Avram Davis

As buyout firms see little chance of the robust deal flow of recent years returning to previous levels in the near-term, 3i Group's David Silverman made the leap to investment banking.

David Silverman was hired as a managing director at Piper Jaffray & Company's technology media and telecommunications unit. Also joining the firm was Matt Cane, who arrived from Cowen & Co. and will also serve as a managing director. The two will be based in the firm's San Francisco office, and will develop Piper Jaffray's software franchise.

Silverman, previously a 3i partner, was involved in venture capital and investment banking at the ...

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