Investment bank Piper Jaffray specializes in supplying clients with mergers and acquisitions advice, financing, and industry research. The bank's Institutional Brokerage business also offers equity and debt underwriting, sales, and trading services; while its Asset Management division boasts some $11.5 billion in assets under management. Piper Jaffray serves a variety of clients, from corporations to government entities and not-for-profits, targeting middle-market companies across the consumer, financial services, health care, technology, and industrial  sectors, among others. Founded in 1895, Piper Jaffray serves clients globally with offices across the US and in two European cities.