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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM under $100M

PIPER JAFFRAY INVESTMENT MANAGEMENT, LLC

CRD 145876

MINNEAPOLIS, MN

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Search this name across graphsid dfx:ria:dbf8ceac-472b-8ff8-9373-06c11ace7dbe

Data as of Mar 31, 2021 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 2:58 PM UTC and rebuilt at most every 15 minutes.

Relationships: 40
Dated events: 2
On other graphs: 1
Observed: Mar 29, 2012 to Mar 31, 2021
37 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

Piper Jaffray Investment Management, LLC

Private equity manager · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $1.5MItem 5.F on the latest filing (2021-03-31); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $1.5M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 2
Advisory employees: 2
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 1
Individual clients: 0
High net worth clients: 0
Private funds: 1Schedule D 7.B(1)
Private fund GAV: $3.8Mgross asset value as reported per fund; never fund size
Custody, client assets: $1.5M
SEC number: 801-68637
CRD: 145876
Filings on the tape: 37
First filed: Mar 29, 2012
Latest filed: Mar 31, 2021
Organised: Limited Liability Company, Delaware

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
PIPER JAFFRAY MUNICIPAL OPPORTUNITIES FUND II, LP	Hedge Fund	$416M	Mar 18, 2019	2	Aug 1, 2012	dropped	021-181759
PIPER JAFFRAY MUNICIPAL OPPORTUNITIES FUND, LP	Hedge Fund	$357M	Mar 30, 2015	34	Mar 29, 2012	dropped	021-153024
PIPER JAFFRAY MUNICIPAL OPPORTUNITIES FUND (OFFSHORE), LTD.	Hedge Fund	$21.3M	Mar 30, 2015	13	Jan 14, 2013	dropped	021-192987
PIPER JAFFRAY SENIOR LIVING FUND I, L.P.	Private Equity Fund	$3.8M	Mar 31, 2021	26	Nov 27, 2013	reported	021-208973

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
CARTER, TIMOTHY, LEE	CHIEF FINANCIAL OFFICER	Na	yes	01/2018	Feb 21, 2018	Mar 31, 2021
MCCAGUE, ANNCHARLOTTE	CHIEF COMPLIANCE OFFICER	Na	yes	10/2013	Mar 29, 2012	Mar 31, 2021
PIPER JAFFRAY INVESTMENT GROUP, INC.	Member	E	yes	11/2007	Jan 14, 2013	Mar 31, 2021
PIPER SANDLER COMPANIES	Parent	E	yes	09/2007	Feb 4, 2020	Mar 31, 2021
QUANT, SHAWN, CHRISTIAN	PRESIDENT & CHIEF OPERATING OFFICER	Na	yes	12/2018	Mar 30, 2012	Mar 31, 2021

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
PIPER SANDLER & CO.	n/a	Institutional manager	$1.3B	N	yes	n/a
PIPER SANDLER ADVISORS LLC	n/a	Former SEC adviser	$382M	N	yes	n/a
PIPER SANDLER FINANCE MANAGEMENT, LLC	n/a	Former SEC adviser	$290M	N	yes	n/a
PSC CAPITAL PARTNERS LLC	n/a	Asset manager	$241M	N	yes	n/a
PIPER HEARTLAND HEALTHCARE CAPITAL, LLC	n/a	Asset manager	$218M	N	yes	n/a
PIPER SANDLER LTD.	n/a	n/a	n/a	N	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2020	Mar 31, 2021	$1.5M	$1.5M	2	2	0	1	$3.8M
2019	Mar 30, 2020	$3.8M	$3.8M	2	2	0	1	$3.8M
2018	Mar 29, 2019	$2.5M	$2.5M	10	2	0	1	$2.5M
2017	Feb 21, 2018	$428M	$428M	16	6	0	2	$428M
2016	Jan 31, 2017	$374M	$374M	18	7	n/a	2	$381M
2015	Mar 30, 2016	$414M	$414M	20	9	n/a	2	$414M
2014	Mar 30, 2015	$1.0B	$1.0B	20	7	n/a	4	$695M
2013	Mar 28, 2014	$825M	$825M	17	7	n/a	4	$645M
2012	Mar 28, 2013	$899M	$899M	22	12	n/a	3	$405M
2011	Mar 30, 2012	$441M	$441M	n/a	n/a	n/a	1	$85.7M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2020	$1.5M	$3.8M	-60.8%	$428M	-84.9%	2	2	0	0

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
PIPER SANDLER & CO.	6	Aug 5, 2016	Aug 5, 2016	MINNEAPOLIS, MN	Firm absorbed	Other	50.0%

Relationships

Affiliated with (6)

→ PIPER SANDLER ADVISORS LLCRegistered adviserother investment adviser, common control
factForm ADV
→ PSC CAPITAL PARTNERS LLCRegistered adviserother investment adviser, pooled vehicle sponsor, common control
factForm ADV
→ PIPER SANDLER FINANCE MANAGEMENT, LLCRegistered adviserother investment adviser, pooled vehicle sponsor, common control
factForm ADV
→ PIPER HEARTLAND HEALTHCARE CAPITAL, LLCRegistered adviserother investment adviser, pooled vehicle sponsor, common control
factForm ADV
→ PIPER SANDLER & CO.Registered adviserother investment adviser, broker-dealer, bank, common control
factForm ADV
← PIPER SANDLER ADVISORS LLCRegistered adviserother investment adviser, pooled vehicle sponsor, common control
factForm ADV

Advises (4)

→ PIPER JAFFRAY SENIOR LIVING FUND I, L.P.Private fundPrivate Equity Fund, IA
Nov 27, 2013 to presentfactForm ADV
→ PIPER JAFFRAY MUNICIPAL OPPORTUNITIES FUND II, LPPrivate fundHedge Fund, IA, no longer reported
Aug 1, 2012 to Mar 18, 2019factForm ADV
→ PIPER JAFFRAY MUNICIPAL OPPORTUNITIES FUND, LPPrivate fundHedge Fund, IA, no longer reported
Mar 29, 2012 to Mar 30, 2015factForm ADV
→ PIPER JAFFRAY MUNICIPAL OPPORTUNITIES FUND (OFFSHORE), LTD.Private fundHedge Fund, IA, no longer reported
Jan 14, 2013 to Mar 30, 2015factForm ADV

Controls (5)

← MCCAGUE, ANNCHARLOTTEOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 29, 2012 to presentfactForm ADV
← CARTER, TIMOTHY, LEEOwnerCHIEF FINANCIAL OFFICER, ownership code NA, individual
Feb 21, 2018 to presentfactForm ADV
← QUANT, SHAWN, CHRISTIANOwnerPRESIDENT & CHIEF OPERATING OFFICER, ownership code NA, individual
Mar 30, 2012 to presentfactForm ADV
← PIPER JAFFRAY INVESTMENT GROUP, INC.OwnerMEMBER, ownership code E, domestic entity
Jan 14, 2013 to presentfactForm ADV
← PIPER SANDLER COMPANIESOwnerPARENT, ownership code E, domestic entity
Feb 4, 2020 to presentfactForm ADV

Registered with (20)

← GREGORY EUGENE HAGENAdvisorregistration: previous registration
Apr 4, 2012 to Dec 31, 2016factForm ADV
← JASON RONALD MORKAdvisorregistration: previous registration
Dec 21, 2015 to Dec 31, 2016factForm ADV
← Wendy Ambrosius GrallAdvisorregistration: previous registration
Oct 17, 2016 to Dec 31, 2016factForm ADV
← MARK EVANS CIECIURAAdvisorregistration: previous registration
Apr 3, 2012 to Aug 5, 2016factForm ADV
← DAVID MICHAEL JENSENAdvisorregistration: previous registration
Apr 4, 2012 to Aug 5, 2016factForm ADV
← JAY ALLEN HERSHEYAdvisorregistration: previous registration
Apr 4, 2012 to Aug 5, 2016factForm ADV
← MATTHEW JAMES THOMPSONAdvisorregistration: previous registration
Apr 4, 2012 to Aug 5, 2016factForm ADV
← PAUL MCMAHON KELLEYAdvisorregistration: previous registration
Apr 4, 2012 to Aug 5, 2016factForm ADV
← MICHELLE MURRAYAdvisorregistration: previous registration
Apr 4, 2012 to Aug 5, 2016factForm ADV
← ANTON GABRIEL DEDENAdvisorregistration: previous registration
Feb 10, 2014 to Aug 5, 2016factForm ADV
← JOSHUA DAVID SCHULTHEISAdvisorregistration: previous registration
May 4, 2012 to Aug 5, 2016factForm ADV
← PAUL A. ASHENFELTERAdvisorregistration: previous registration
May 4, 2012 to Aug 5, 2016factForm ADV
← MATTHEW JOHN SULLIVANAdvisorregistration: previous registration
Aug 27, 2013 to Aug 5, 2016factForm ADV
← BENJAMIN CAHNAdvisorregistration: previous registration
Jan 9, 2014 to Mar 3, 2014factForm ADV
← KYLE FRANCIS JAVESAdvisorregistration: previous registration
Apr 4, 2012 to Dec 31, 2013factForm ADV
← THOMAS WALT LIFSONAdvisorregistration: previous registration
Jul 16, 2013 to Dec 9, 2013factForm ADV
← NICHOLAS GREENE DENICKEAdvisorregistration: previous registration
Apr 4, 2012 to Aug 2, 2013factForm ADV
← JAMES JOSEPH DOTZMANAdvisorregistration: previous registration
Dec 5, 2012 to Aug 1, 2013factForm ADV
← Kent Alan RudisillAdvisorregistration: previous registration
Apr 4, 2012 to Sep 7, 2012factForm ADV
← SHERI LYNNE GUNNARIAdvisorregistration: previous registration
Apr 5, 2012 to Jul 18, 2012factForm ADV

Moved with (1)

→ PIPER SANDLER & CO.Registered adviser6 advisors, firm absorbed, same day
Aug 5, 2016 to Aug 5, 2016factForm ADV

Dated events

Occurred
Mar 29, 2019
Regulatory AUM changed
Piper Jaffray Investment Management, Llc reported RAUM $2.5M, down 99% from $428.1M (2019-03-18 to 2019-03-29)
Form ADVobserved 5 days ago
$-426M
Occurred
Mar 18, 2019
Control person left
Bradley Martin Winges (President) no longer on Schedule A of Piper Jaffray Investment Management, Llc (listed 2018-02-21, absent 2019-03-18)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:dbf8ceac-472b-8ff8-9373-06c11ace7dbe
First observed: Mar 29, 2012
Last observed: Mar 31, 2021 66 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

PIPER JAFFRAY INVESTMENT MANAGEMENT, LLC

CRD 145876

MINNEAPOLIS, MN

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:dbf8ceac-472b-8ff8-9373-06c11ace7dbe

Data as of Mar 31, 2021 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 2:58 PM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

PIPER JAFFRAY MUNICIPAL OPPORTUNITIES FUND II, LP

Hedge Fund

$416M

Mar 18, 2019

Aug 1, 2012

dropped

021-181759

PIPER JAFFRAY MUNICIPAL OPPORTUNITIES FUND, LP

Hedge Fund

$357M

Mar 30, 2015

Mar 29, 2012

dropped

021-153024

PIPER JAFFRAY MUNICIPAL OPPORTUNITIES FUND (OFFSHORE), LTD.

Hedge Fund

$21.3M

Mar 30, 2015

Jan 14, 2013

dropped

021-192987

PIPER JAFFRAY SENIOR LIVING FUND I, L.P.

Private Equity Fund

$3.8M

Mar 31, 2021

Nov 27, 2013

reported

021-208973

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

CARTER, TIMOTHY, LEE

CHIEF FINANCIAL OFFICER

yes

01/2018

Feb 21, 2018

Mar 31, 2021

MCCAGUE, ANNCHARLOTTE

CHIEF COMPLIANCE OFFICER

yes

10/2013

Mar 29, 2012

Mar 31, 2021

PIPER JAFFRAY INVESTMENT GROUP, INC.

Member

yes

11/2007

Jan 14, 2013

Mar 31, 2021

PIPER SANDLER COMPANIES

Parent

yes

09/2007

Feb 4, 2020

Mar 31, 2021

QUANT, SHAWN, CHRISTIAN

PRESIDENT & CHIEF OPERATING OFFICER

yes

12/2018

Mar 30, 2012

Mar 31, 2021

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

PIPER SANDLER & CO.

n/a

Institutional manager

$1.3B

yes

n/a

PIPER SANDLER ADVISORS LLC

n/a

Former SEC adviser

$382M

yes

n/a

PIPER SANDLER FINANCE MANAGEMENT, LLC

n/a

Former SEC adviser

$290M

yes

n/a

PSC CAPITAL PARTNERS LLC

n/a

Asset manager

$241M

yes

n/a

PIPER HEARTLAND HEALTHCARE CAPITAL, LLC

n/a

Asset manager

$218M

yes

n/a

PIPER SANDLER LTD.

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2020

Mar 31, 2021

$1.5M

$3.8M

2019

Mar 30, 2020

$3.8M

2018

Mar 29, 2019

$2.5M

2017

Feb 21, 2018

$428M

2016

Jan 31, 2017

$374M

n/a

$381M

2015

Mar 30, 2016

$414M

n/a

$414M

2014

Mar 30, 2015

$1.0B

n/a

$695M

2013

Mar 28, 2014

$825M

n/a

$645M

2012

Mar 28, 2013

$899M

n/a

$405M

2011

Mar 30, 2012

$441M

n/a

$85.7M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2020

$1.5M

$3.8M

-60.8%

$428M

-84.9%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

PIPER SANDLER & CO.

Aug 5, 2016

MINNEAPOLIS, MN

Firm absorbed

Other

50.0%