Health Care, Alternative Energy/Clean Technology Expertise

Lois Quam to lead Piper Jaffray equity investment initiatives

 

Piper Jaffray enhanced its leadership in health care

Piper Jaffray enhanced its leadership in health care and the emerging alternative energy/clean technology sector with the addition of Lois Quam, who joins the firm as Managing Director, Alternative Investments.

In this newly created leadership position, Quam will be responsible for managing Piper Jaffray equity investment offerings in health care and alternative energy/clean technology. These new offerings will extend the private capital funds Piper Jaffray currently manages.

Quam joins Piper Jaffray from UnitedHealth Group, where she helped build the company into one of the fastest growing health-care organizations in United States, and led the formation and growth of United’s public and seniors businesses, which now earn over $30 billion in annual revenue.

“Piper Jaffray has established a leadership position in health care and the emerging alternative energy/clean technology sector—an area of strong opportunity for the company,” said Andrew Duff, chairman and CEO of Piper Jaffray. “Adding Lois’ business experience and expertise to our team extends our capabilities in these two important, high-growth sectors, and establishes a focused leadership position that will be instrumental as we continue to build proprietary investment capabilities.”