Piper Jaffray Companies operates as an investment bank and asset management firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors . The company’s Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. This segment also provides public finance investment banking capabilities that focus on state and local governments, cultural and social service non-profit entities, education, healthcare, hospitality and transportation sectors.