Piper Sandler Adds Restructuring Veteran John D’Amico as MD
Event summary
- Piper Sandler hires John D’Amico as managing director in its restructuring group.
- D’Amico brings 25 years of experience in complex Chapter 11 and out-of-court restructurings.
- Previously held senior roles at Miller Buckfire, Jefferies, and Clear Channel Communications.
- Piper Sandler aims to expand its restructuring practice with this strategic hire.
The big picture
Piper Sandler’s hire of John D’Amico underscores the growing importance of restructuring services in a volatile economic environment. As companies face financial distress, investment banks with strong restructuring capabilities are well-positioned to capture market share. This move signals Piper Sandler’s intent to bolster its advisory services and compete more aggressively in the restructuring arena.
What we're watching
- Restructuring Demand
- Whether Piper Sandler can capitalize on increased restructuring activity amid economic uncertainty.
- Competitive Positioning
- How D’Amico’s expertise will differentiate Piper Sandler from competitors like Jefferies and Miller Buckfire.
- Client Acquisition
- The pace at which Piper Sandler can attract new clients in the restructuring space with its expanded team.