Piper Jaffray Companies Announces Significant Expansion of Asset Management With Addition of Advisory Research, Inc. (Business Wire via Yahoo! Finance)
MINNEAPOLIS—-Piper Jaffray Companies today announced a significant expansion of its asset management business. The company signed a definitive agreement to purchase Advisory Research, Inc., an asset management firm with approximately $5.5 billion in assets under management, which are mainly focused in equity strategies.
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Piper Jaffray Companies Announces Significant Expansion of Asset Management With Addition of Advisory Research, Inc. (Business Wire via Yahoo! Finance)