Finance press releases


Continuing growth, Performance Trust hires veteran investment bankers Jonathan W. Briggs and Jenny Day Austin


January 29, 2015

Pair will head up newly formed New Orleans office and bring synergy to nationwide operations

Marking a significant milestone in the expansion of the company, Chicago-based Performance Trust Capital Partners today announced the hire of two experienced investment bankers for its newly founded New Orleans, Louisiana office. Jonathan W. Briggs was named managing director, and Jenny Day Austin joined as vice president.

Briggs and Austin will be responsible for expanding Performance Trust's investment banking effort in the Southeast by providing community financial institutions with financial advisory services, including mergers and acquisitions, private capital raising, and other strategic planning/regulatory consulting. They also look forward to the opportunity to introduce their existing and prospective clients to the services Performance Trust offers on the fixed income and asset/liability management side.

The move comes at a time when Performance Trust is rapidly expanding. Along with the New Orleans office opening, the company launched a Houston branch in 2012 and brought on veteran investment banker Al Glowasky to lead a West Coast initiative last year.

"We're excited about the opportunity to contribute to Performance Trust's continued growth," Briggs said. "Jenny and I bring to Performance Trust our strong relationships with community banks in the Southeast region and now we also will have access to the unique resources and product offerings of Performance Trust. Our goal will be to seamlessly integrate operations here with the company's growing operations across the country."

Austin said her decision to join Performance Trust stemmed from the fact that the company is truly devoted to fostering long-lasting relationships with the institutions it serves.

"I was instantly drawn to Performance Trust's culture," she said. "The firm is focused on the banking industry and it values intellectual curiosity and education not just for its employees but for its clients, too. I believe the company's values of integrity, excellence, teamwork and results along with its disciplined analytical approach will allow us to add value for our clients."

Along with Briggs and Austin, Performance Trust is seeking to fill an investment banking analyst position in its New Orleans office.

Boasting more than 30 years of combined professional experience, both Briggs and Austin come to Performance Trust from Chaffe and Associates, Inc., a specialized investment banking firm based in New Orleans. Briggs previously served as managing director and head of the financial institutions group, and Austin held the role of vice president of the same group.

Briggs joined Chaffe in 1997 as an investment banking analyst and was promoted multiple times with his last promotion to managing director and head of the financial institutions group occurring in 2009. He earned his bachelor's degree in finance from the University of New Orleans, where he currently serves as an adjunct professor of bank management. Briggs is a CFA® charterholder.

Austin joined Chaffe in 2010 as an associate and was promoted to vice president in 2011. Prior to that, she worked as an associate on the financial services investment banking team at Robert W. Baird & Co. Incorporated, a human resources associate at American Capital, Ltd. and an analyst/senior analyst in investment banking for SunTrust Robinson Humphrey. Austin received a bachelor's degree in international business from Auburn University and a master's degree in international economics and finance from Brandeis University. Austin is a CFA® charterholder

About Performance Trust Capital Partners

Performance Trust Capital Partners, LLC is committed to helping financial institutions improve their long-term performance and deliver shareholder value. Identifying your path to independence requires better tools and clear insights which lead to great decisions. For more information, go to

CONTACT: Pamela Shanahan, (312) 521-1690,