FOR IMMEDIATE DISTRIBUTION
LONDON and NEW YORK, 12 September 2007 -- Jefferies International Limited, the UK subsidiary of US-based Jefferies Group, Inc. (NYSE: JEF), today announced the hiring of Lee J. Simpson as a Senior Equity Research Analyst covering technology hardware companies in the UK and in Europe. Mr. Simpson will be located in the Firm’s London office, where Jefferies has nearly 300 investment banking, sales, trading & research and asset management professionals.
Mr. Simpson has a decade of experience in Technology, including nearly eight years as a sell-side research analyst. With his addition, the Firm’s technology equity research team now consists of 16 senior analysts in the US, Europe and Japan covering all of the major tech industries including communications equipment, electronics manufacturing services and electronics supply chain, applications and infrastructure software, IT services, homeland security, Internet & digital media and semiconductors.
In addition to this dedicated research effort, Jefferies’ broader focus on the technology, media and telecommunications sectors includes 5 securities traders and approximately 130 investment banking professionals, bringing to bear on the sector resources from all of the Firm’s major offerings.
Steven R. Black, Head of Global Equity Research at Jefferies & Company, Inc. commented: "Lee Simpson brings significant experience and relationships to our coverage of technology hardware and is a welcome addition to the overall platform. This hire demonstrates our deep commitment to enhancing our research capabilities and providing outstanding research coverage of technology companies in the US and in Europe.”
Mr. Simpson added:
“I was drawn to Jefferies’ full-service platform, excellent reputation in research and its tremendous growth story. I look forward to bringing my insight to its established technology research effort and providing guidance to the Firm’s technology-minded institutional investors around the world.”
Jefferies’ broad equity research effort has received key industry accolades, ranking among the Top 5 research teams for the second time in three years in The Wall Street Journal “Best on the Street” 2007 Analysts Survey, with a total of seven awards. The Firm also earned a total of nine analyst honors in StarMine’s 2007 Analyst Survey. Jefferies and its affiliates now have more than 130 equity and high yield research professionals in the US, Europe and Asia covering over 1,300 companies in the areas of aerospace and defense, business, consumer, financial and IT services, clean technology, energy, gaming & lodging, healthcare, industrial, media and entertainment, shipping, technology, and telecommunications.
Mr. Simpson was most recently a technology analyst at Evolution Securities, and held a similar position at Arete Research previously. He was a member of the top-rated Telecoms research team with Goldman Sachs in London. He began his career at Deutsche Telekom and also worked as a Telecoms consultant at Price Waterhouse Coopers. He has a degree in Mathematics from Edinburgh University, a Masters in Operational Research from Strathclyde University and a Masters in Finance from London Business School.
About Jefferies
Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for 45 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 & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF; www.jefferies.com). Jefferies International Limited, a UK-incorporated, wholly owned subsidiary of Jefferies Group, Inc., was established in London in 1985 and is authorized and regulated by the Financial Services Authority ("FSA").
For further information, please contact:
- Tom Tarrant, Jefferies & Company, Inc., 203 708 5989, ttarrant@jefferies.com
- Todd Miller, Cubitt Jacobs & Prosek, 203 378 1152, x149, tmiller@cjpcom.com
