 |
||||||||||||||
|
||||||||||||||
FOR IMMEDIATE RELEASE JEFFERIES ASSET MANAGEMENT ADDS FINANCIALS PORTFOLIO MANAGER NEW YORK, July 5, 2005 -- Jefferies Asset Management, LLC ("JAM"), a subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced that Mark Rosen has joined as a Managing Director and Financials Portfolio Manager within the firm's multi-strategy asset management platform. Mr. Rosen has nearly 20 years of experience in the financial services industry with previous asset management experience at Level Global Investors, L.P. and Balyasny Asset Management, L.P. "We are delighted to welcome an experienced professional of Mark's caliber and reputation," said Bradford L. Klein, Co-President of JAM. "We have established a solid, scalable infrastructure to support portfolio managers in growing their businesses within our asset management platform." Richard B. Handler, Chairman and Chief Executive Officer of Jefferies Group, Inc., added, "Asset management is an important growth area for Jefferies, and Mark Rosen is a valuable addition to this effort." "I am very excited to join the Jefferies Asset Management team," Mr. Rosen commented. "JAM's emphasis on high quality asset management, entrepreneurial flair, and first-rate culture was key to my decision to become a part of its growing effort." Jefferies Asset Management, LLC is registered with the U.S. Securities and Exchange Commission as an investment adviser. Jefferies Group's global asset management capabilities include equity, fixed income, and convertible securities. The firm's subsidiaries collectively manage over $3.3 billion in assets, and $4.2 billion including third party managed funds (funds in which the company has an interest in the entities that manage these assets or otherwise receives a portion of the management or incentive fees). 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. (NYSE: JEF; www.jefferies.com)
Contact: |
||||||||||||||
| Site Map | Customer Notices and Policies | Contact Us | ||
| © 2008 Jefferies & Company, Inc. | Member, SIPC |