FOR IMMEDIATE DISTRIBUTION
NEW YORK AND LONDON, June 19, 2008 – The Jefferies investment bank today announced the appointment of Alec Ellison as Co-Head of Investment Banking. Mr. Ellison, Chairman of the Firm’s technology, media and telecommunications investment banking effort, will partner with existing co-heads Chris Kanoff and David Weaver to drive the continued growth of the Jefferies’ investment banking platform. Mr. Ellison will join Mr. Kanoff in leading the activities of the US investment banking practice. Mr. Weaver, who is also President of Jefferies International Limited, is focused on the Firm’s European and Asian businesses. Mr. Ellison, based in New York, joined Jefferies in 2003 as part of the Firm’s acquisition of Broadview International, which he joined in 1988 and was appointed President of in 2001.
“Alec has a tremendous track record of success as an investment banker and as a leader at our Firm. His experience and perspective will benefit our entire organization as he partners with Chris and David,” commented Richard Handler, Chairman and CEO of Jefferies.
“This enhanced leadership team will be an extremely dynamic and powerful combination as we continue strengthening our platform,” added Brian Friedman, Chairman of the Executive Committee at Jefferies.
“I am excited to partner with Chris and David in driving the continued growth of our investment bank and our Firm, and taking on a more active role in the continued development of all of our industry and product verticals,” commented Mr. Ellison.
With nearly 450 investment banking professionals worldwide, the Jefferies investment bank provides advisory and underwriting services through creative and idea-driven M&A, leveraged finance, equity & equity-linked financing and recapitalization & restructuring solutions. Jefferies serves clients across the primary industry sectors of consumer, energy, financial services, healthcare, industrial, and technology, media & telecommunications, with a dedicated private equity coverage group.
About Jefferies
Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for over 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).
For further information, please contact:
Tom Tarrant, Jefferies & Company, Inc., 203 708 5989, ttarrant@jefferies.com
Josh Passman, Cubitt Jacobs & Prosek, 212 279 3115, x203, jpassman@cjpcom.com
