Piper Sandler Strengthens Financial Services Group with the Addition of Matt Somma
21 November 2024 - 5:33PM
Business Wire
Piper Sandler Companies (NYSE: PIPR), a leading investment bank,
is pleased to announce the addition of Matt Somma as a managing
director in the financial services group. His primary
responsibilities will be advising asset and wealth management firms
on M&A transactions and capital raises, as well as providing
advice to family offices and their respective portfolio companies
on strategic alternatives. Somma will be based in the New York
office and report to Bill Burgess and Scott Clark, co-heads of
investment banking in the financial services group.
“We are excited to have Matt join our asset and wealth
management team. His tremendous transaction experience and strong
network of relationships will drive new opportunities for our
clients. He is one of the most well-connected bankers in the family
office and private wealth management industry and will be a great
complement to our current team led by Aaron Dorr. We look forward
to working closely with Matt,” said Bill Burgess and Scott
Clark.
Somma has nearly 20 years of experience working with family
offices and asset and wealth management firms. He joins the firm
from Truist Securities, where he was a managing director in the
Private Institutional Capital Group, overseeing family office
investment banking coverage. Prior to his time there, he was one of
the founding partners and head of business development at Cresset
Capital, a multi-family office focused on registered investment
advisor (RIA) acquisitions. He previously worked at J.P. Morgan for
five years covering family offices in Hong Kong, London, and New
York. There, he was one of the chief architects of Morgan Private
Ventures - an investing program which provided family offices
access to early stage and growth equity investments. Before that,
he worked at MSD Capital (Michael Dell’s family office) in the
Technology, Energy and Convertible Bonds Group managing $2.5B AUM
across public and private securities. Somma graduated with a
bachelor’s degree from the University of Notre Dame.
"I have long admired the Piper Sandler franchise and their
culture of excellence covering clients across M&A and capital
markets. The financial services group is one of the most
well-respected on Wall Street, and I'm excited to join an
unbelievable team focused on asset and wealth management. We have
an amazing opportunity to deliver best-in-class deal flow to the
family office community and be the trusted advisor to their most
valuable portfolio companies," said Somma.
ABOUT PIPER SANDLER
Piper Sandler Companies (NYSE: PIPR) is a leading investment
bank driven to help clients Realize the Power of Partnership®.
Securities brokerage and investment banking services are offered in
the U.S. through Piper Sandler & Co., member SIPC and NYSE; in
the U.K. through Piper Sandler Ltd., authorized and regulated by
the U.K. Financial Conduct Authority; in the EU through Aviditi
Capital Advisors Europe GmbH, a tied agent of AHP Capital
Management GmbH, authorized and regulated by BaFin; and in Hong
Kong through Piper Sandler Hong Kong Ltd., authorized and regulated
by the Securities and Futures Commission. Alternative asset
management and fixed income advisory services are offered through
separately registered advisory affiliates.
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Piper Sandler Companies 800 Nicollet Mall, Suite 900
Minneapolis, MN 55402 Nick Lawler Tel: 212 891-8954
nick.lawler@psc.com
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