Piper Sandler Expands Merchant Banking Group with Toby AuWerter

PIPR
September 21, 2025
Piper Sandler Companies announced the hiring of Toby AuWerter as a managing director in its merchant banking group. AuWerter will be based in the Minneapolis office, bringing a unique perspective and substantial industry knowledge to the firm. AuWerter's experience includes serving as investment director at Endeavour Vision, where he originated investments in growth-stage healthcare companies, and as a consultant at McKinsey & Company. He also held operating roles at St. Jude Medical and Juventas Therapeutics. He is expected to play a key role in originating the remaining investments in PSMB Fund III and will be a vital member of the team as Piper Sandler looks toward fundraising for PSMB Fund IV, augmenting the group's investment capabilities, especially in the healthcare sector. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.