The PIPER JAFFRAY GROUP is a publicly held investment adviser that advises $3.8Bn in regulatory assets under management held in 2 SEC fund types across 2 investment strategies. PIPER JAFFRAY GROUP is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 8.1% over the last 5-years.
The Group has been registered with the SEC for 47.27 years and is comprised of 5 filing and 0 relying advisers. They operate out of 12 office locations with their Headquarters at 350 NORTH 5TH STREET SUITE 1000, MINNEAPOLIS, MN. The Group has been subject to regulatory enforcement actions. They are regulated by 4 US and Non-US bodies.
They have 1,429 employees comprised of 47 investment and 1,382 non-investment staff. The total number of Employees increased by 21.82% over the last 5-years.
Their $3.8Bn in assets advised are owned by 13 private funds, 2 public funds and BDCs and 38 other accounts. Assets of Government Entities and Pension Plans clients own $1.99Bn or 52.25% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $1.24Bn or 32.65% of Total Assets.
The Group's top investment strategies include Traditional LBO and Multi Strat, representing 76.14% and 23.86% of total assets, respectively.
They advise 8 types of clients, top clients are Government Entities and Pension Plans and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 3 Fund Administrators, 3 Fund Auditors, 2 Prime Brokers, 5 Custodians and 4 Marketers. It does not report a third-party Fund Administrator in 6 private funds with $250.66mn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
PIPER JAFFRAY GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In PIPER JAFFRAY GROUP's case, they have 35 business conditions that require high process maturity and 3 Watch Factors.