/// Code Advisors Takes a $25 Million Investment From J.P. Morgan

May 3, 2012  |  All Things Digital

Code Advisors is getting a $25 million investment from financial services giant JPMorgan Chase for a minority stake in the Silicon Valley-based boutique investment bank and advisory firm. The influx of cash will allow Code to grow quicker, said Quincy Smith, one of the firm’s founders, which also include Michael Marquez and Fred Davis. The non-exclusive deal, the two firms said, is the natural extension of a longer term relationship that has been developing for a while. “To the extent that the money means we are getting even closer together, that’s great,” said Smith in an interview earlier today. “This solidifies a partnership that has existed for some time.” Plus it presumably also gives each what the other cannot offer clients. Usually a big bank might try to kill or buy a firm like Code, so this move is unique. “We are growing our business and getting access to next-generation entrepreneurs that Code knows well,” added Kurt Simon, co-head of Technology, Media and Telecom Banking at J.P. Morgan. “And it’s a sign of continued investment in our important West coast businesses.” Indeed, J.P.

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Code Advisors Takes a $25 Million Investment From J.P. Morgan

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