NEW YORK, LONDON, HONG KONG, July 26, 2011 – In a further expansion of the firm’s global equity research effort, Jefferies announced today the addition of Jason Kupferberg, Mark Lipacis, David Reynolds and Robert Lea, who join the firm as Senior Equity Research Analysts. Mr. Kupferberg will cover the Computer Services and IT Consulting sectors and is based in New York, Mr. Lipacis will cover the Semiconductor industry and is based in San Francisco, Mr. Reynolds will cover the Internet sector and is based in London, and Mr. Lea will cover the Semiconductor industry and is based in Hong Kong.
“We are extremely pleased to increase our research commitment within the broader Technology, Internet, Media and Telecommunications sectors,” commented Steven R. Black, Global Head of Equity Research at Jefferies. “Jason, Mark, David and Robert are established analysts and we are excited to welcome them to our team as part of the strategic build-out of this dynamic and opportunity-rich industry.”
Jefferies’ broader Technology, Internet, Media and Telecom (TIMT) Equity Research team is comprised of 25 senior analysts in New York, San Francisco, London, Hong Kong and Tokyo covering the Computer Services & IT Consulting, Data Networking and Wireless Equipment, Internet, Media, Software, Technology Hardware, Telecom Equipment / Wireless, and Telecommunications Services sectors.
Jefferies' global equities business provides full-service research, sales and execution services across cash equities, electronic trading, equity derivatives, exchange traded funds, convertibles, prime brokerage and securities finance. The group is comprised of over 700 professionals in research, sales, and trading, including over 250 research professionals covering over 1,200 companies globally.
Mr. Kupferberg joins Jefferies from UBS, where he spent 10 years and was a Senior Equity Research Analyst covering Computer Services and IT Consulting companies. In 2010, he was a Runner Up in the Institutional Investor analyst survey, and was ranked #3 in 2009. Previously, he worked for Ernst & Young Consulting (now Capgemini). He received an MBA from the Stern School of Business at New York University and a BS from The George Washington University.
Mr. Lipacis joins Jefferies from Morgan Stanley, where he spent four years and was a Managing Director and Senior Semiconductor Analyst. In 2010, he was a Runner Up in the Institutional Investor analyst survey, ranked #3 in the Greenwich Associates poll, and ranked highly in previous Wall Street Journal and StarMine polls where he was recognized as the #1 Semiconductor stock picker by StarMine in 2009. Previously, he was a First Vice President and Senior Semiconductor Analyst at Prudential, and prior to that a Director and Lead Communications Semiconductor Analyst at Merrill Lynch. He received a MBA from the Darden School of Business at the University of Virginia and a MS and BS in Electrical Engineering from Drexel University.
Mr. Reynolds brings to Jefferies more than ten years of industry experience and was most recently a Senior Vice President in Equity Research at JP Morgan, where he spent four years and led European Technology coverage and was a Runner Up in the Institutional Investor analyst survey. Previously, he spent four years at Dresdner Kleinwort Benson, where he was a Director in Equity Research covering Technology companies. Prior to that, he spent three years at KPMG after serving as a Royal Marines Officer. He received a BSc from University College Swansea and is a Chartered Accountant (ACA).
Mr. Lea has 15 years of industry experience and joins Jefferies from UBS, where he was most recently a Portfolio Manager investing in the Asia Technology sector in that firm’s Fundamental Investment Group. Previously, he was Global Head of Memory Semiconductor Equity Research at UBS and led coverage of the Korean and Taiwan Semiconductor sectors. Prior to that, he covered UK Technology companies at UBS in London. Mr. Lea has been consistently highly ranked in the Institutional Investor, StarMine and Extel analyst surveys in both Asia and Europe. He received a BEng in Electrical and Electronic Engineering from Imperial College, London and is a Chartered Accountant (ACA).
Jefferies Group, Inc. (NYSE: JEF), a global securities and investment banking firm, has served companies and investors for nearly 50 years.
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