EX-21.1 7 pscq42024ex211.htm SUBSIDIARIES OF PIPER SANDLER COMPANIES

Exhibit 21.1

SUBSIDIARIES OF PIPER SANDLER COMPANIES

(as of December 31, 2024)

Name*						State or Jurisdiction of Entity
Piper Sandler & Co.						Delaware
Piper Sandler Foundation						Minnesota
Piper Sandler European Holdings Co.						Delaware
Piper Sandler Ltd.						United Kingdom
Parallel General Partner Limited						Guernsey
Aviditi Capital Advisors UK Ltd.						United Kingdom
Piper Sandler Europe SAS						France
Piper Sandler Schweiz GmbH						Switzerland
Aviditi Capital Advisors Europe GmbH						Germany
Piper Sandler Financial Products Inc.						Delaware
Piper Sandler Financial Products II Inc.						Delaware
Piper Jaffray Funding LLC						Delaware
Piper Jaffray Lending LLC						Delaware
Piper Jaffray Private Capital Inc.						Delaware
PJC Capital LLC						Delaware
Piper Sandler Investment Group Inc.						Delaware
Piper Sandler Finance Management, LLC						Delaware
PSC Capital Partners LLC						Delaware
Piper Heartland Healthcare Capital, LLC						Delaware
Piper Heartland Healthcare Capital Management LLC						Delaware
Piper Heartland Healthcare Crossover Fund I, L.P.						Delaware
Piper Heartland Healthcare Capital Management II LLC						Delaware
Piper Heartland Healthcare Crossover Fund II, L.P.						Delaware
PSC Capital Management LLC						Delaware
Piper Sandler Merchant Banking Fund I, L.P.						Delaware
PJC Merchant Banking Partners III, LLC						Delaware
PJC Merchant Banking Partners IV, LLC						Delaware
PSC Capital Management II LLC						Delaware
Piper Sandler Merchant Banking Fund II, L.P.						Delaware
PSC Capital Management III LLC						Delaware
Piper Sandler Merchant Banking Fund III Employee, L.P.						Delaware
Piper Sandler Merchant Banking Fund III, L.P.						Delaware
Piper Sandler Finance LLC						Delaware
Piper Sandler Finance I, LLC						Delaware
Piper Sandler Finance II, LLC						Delaware
Piper Sandler Finance Funding I, LLC						Delaware
Piper Sandler Real Estate Services, LLC						Delaware
Piper Sandler Hong Kong Limited						Hong Kong
Piper Sandler Loan Strategies, LLC						Delaware
SOMF, LLC						Delaware
Piper Sandler Hedging Services, LLC						Delaware
PSC Aviditi Capital Advisors, LLC						Texas
Aviditi Capital Advisors Management Blocker, LLC						Texas
Aviditi Capital Advisors Management Holdings, LLC						Texas

* Indentation indicates the principal parent of each subsidiary.