Simmons & Company International, Energy Specialists of Piper Jaffray Expands Investment Banking with Hiring of Phillip Ream
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.
Access the full press release here.