Aiming to strengthen its specialty public finance business, Minneapolis-based Piper Jaffray & Co. continues to expand its coverage with four new hires and two new offices.

The investment bank and securities firm has senior managed 199 deals worth $2.7 billion so far this year, ranking it 12th nationwide, according to Thomson Reuters. It ranked 10th in 2009 with 529 deals worth $10.7 billion.

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