Headquartered in Minneapolis, Piper Jaffray & company is an international investment bank and institutional securities firm that serves the middle-market corporations, private equity groups, public entities, nonprofit clients and institutional investors. Founded in 1895, the company provides high-yield and structured; and equity and debt capital market products. It also offers public finance, institutional equity and fixed-income sales and trading, equity and high-yield research, and mergers and acquisitions advisory services. Piper Jaffray & company is a member of the Financial Industry Regulatory Authority and the Simplified Procedure for Import Clearance. With one of its locations in Chicago, it maintains more than 25 offices in the United States.