Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Piper Jaffray Completes the Sale of the Midstream Energy

Posted by fidest press agency su martedì, 24 settembre 2019

Piper Jaffray Companies (NYSE: PJC) a leading investment bank and institutional securities firm, announced today it has completed its sale of the midstream energy asset management (MLP) business of Advisory Research Inc. to Tortoise Capital Advisors. Combining the Tortoise and Advisory Research midstream energy investment teams, two of the longest tenured in the midstream energy space, creates a “best-in-class” organization with a comprehensive suite of solutions for clients. “Tortoise has built an excellent investment management platform focused on essential assets. The midstream energy infrastructure team will bring unique perspectives that will create an even stronger and deeper combined team,” commented Deb Schoneman, president of Piper Jaffray.
Piper Jaffray Companies (NYSE: PJC) is a leading investment bank and institutional securities firm driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Jaffray & Co., member SIPC and FINRA; in Europe through Piper Jaffray Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Piper Jaffray Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Asset management products and services are offered through five separate investment advisory affiliates.

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