NEW YORK & LONDON, Sep 07, 2005 (BUSINESS WIRE) -- Jefferies Group, Inc. (NYSE: JEF) today announced that the firm's UK-based Helix Associates, a leading private equity fund placement agent, has expanded its capabilities in the US with the hiring of Philip Kemp as a Managing Director.
"In joining forces with Jefferies earlier this year, Helix has entered into a new phase of growth as we seek to leverage Jefferies' strength in the middle market and knowledge and relationships in the US private equity community," commented Lord Charles Cecil, Managing Director and Co-Founder of Helix Associates.
Helix intends, with the active support of its parent, Jefferies, to continue the growth and development of its global business of placing high-quality private equity funds with investors around the globe. As part of this plan, the firm will further build on its US capabilities by leveraging its strength and reputation in Europe and its existing relationships in North America.
"Given the significance of the North American market in the private equity world, Helix has commenced building a presence in Jefferies' New York headquarters office to work alongside Helix's London headquarters in focusing on the global private equity industry-particularly the middle market buy-out sector-and producing the well-known Helix quality, in-depth due diligence and research," added Mark Hallock, a Managing Director of Helix Associates, who will head the development of the US business for Helix and will relocate to the US in 2006.
When the founders of Helix established the firm in 1993, their aim was to create a placement team that focused on potential investor interest in a fund when selecting which clients to represent. The firm's reputation is based on discriminating fund selection, thoughtful and balanced research, rigorous due diligence, and effective project management. This approach has generated a consistent track record of successful outcomes. Each year, Helix acts as the placement agent for a select number of high-quality private equity funds.
Mr. Kemp was formerly Director of Investor Relations based in New York for the European buy-out firm of Doughty Hanson & Co Limited. Most recently, he was responsible for Investor Relations at the New York-based private equity firm, Ripplewood Holdings LLC. At Helix, Mr. Kemp will work closely with North American-based general partners and investors in the placing of Helix's products. He will focus on developing Helix's US activities from Jefferies' headquarters at 520 Madison Avenue in New York City.
About Helix Associates
Helix Associates is operated in the UK as Helix Associates Limited, a subsidiary of Jefferies International Limited, and in the US as Helix Associates, a division of Jefferies & Company, Inc. Helix is Europe's leading independent placement agent for private equity funds, providing superior service to private equity firms. Founded in 1993, the firm's reputation is based on discriminating fund selection, thoughtful and balanced research, rigorous due diligence, and effective project management. This approach has generated a consistent track record of successful outcomes. Each year, Helix acts as the placement agent for a select number of high-quality private equity funds. Helix has developed relationships of trust with institutional investors and major family offices throughout the world. This network is strengthened and expanded through Helix's agreements with its global partners in regional markets. For more information, visit www.helix-associates.com.
About Jefferies
Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for over 40 years. Headquartered in New York, with more than 25 offices around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. The firm is a leading provider of trade execution in equity, high yield, convertible and international securities for institutional investors and high net worth individuals. Jefferies International Limited, a UK-incorporated, wholly owned subsidiary of US-based Jefferies Group, Inc., was established in London in 1985 and is regulated by the Financial Services Authority ("FSA").
SOURCE: Jefferies & Company, Inc.
Jefferies & Company, Inc.
Tom Tarrant, +1 203-708-5989
ttarrant@jefferies.com
or
Fishburn Hedges
Beverley Weber/Andrew Marshall, 0207-839-4321
beverley.weber@fishburn-hedges.co.uk