HOUSTON--(BUSINESS WIRE)--Simmons & Company International (Simmons), Energy Specialists of Piper Jaffray, is pleased to announce the hiring of Phil Ream as a managing director on the exploration and production (E&P) investment banking team. Based in the Houston office, Ream will focus on expansion of the upstream franchise to further deliver strategic advisory and capital markets solutions.
Ream has more than 20 years of investment banking experience and prior to joining Simmons he was a managing director at Barclays focused on the domestic E&P sector. Additionally, he held investment banking positions at Bear Stearns, Salomon Smith Barney, Wasserstein Perella and CS First Boston.
“Phil brings a wealth of knowledge and industry expertise to our E&P coverage team. His experience in developing relationships with corporate clients and executing strategic transactions on their behalf augments the Simmons/Piper Jaffray platform and positions us to further serve our clients,” said James Baker, managing director and co-head of energy investment banking at Simmons.
“We are excited for Phil to join the Piper Jaffray team. His addition demonstrates our commitment to expanding our E&P industry efforts and providing a full suite of services to oil and gas companies,” added Scott LaRue, global head of investment banking and capital markets for Piper Jaffray.
Ream graduated from The University of Texas at Austin with a bachelor’s degree in petroleum engineering and earned his Masters of Business Administration degree from the Wharton School of the University of Pennsylvania.
Headquartered in Houston, the Simmons team is one of the largest and most experienced in the energy industry. With the addition of Ream, Simmons has 16 managing directors in the investment banking sector collectively. The group executed 77 M&A transactions in 2017.
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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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