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Topwater Hard Closes Fund After Investment From Top Five Endowment

NEW YORK–(BUSINESS WIRE)–Topwater Capital, a division of Leucadia Asset Management, today announced a strategic partnership and investment from one of the five largest Endowments in the U.S. In connection with the partnership, the Endowment has made an investment in Topwater’s first-loss platform on May 1, 2021 and committed to additional investments over a three-year period. The Endowment’s investment coupled with the investment from Jefferies Financial Group Inc. locks up future capacity resulting in a decision to “hard close” the Topwater funds.

Jefferies Finance Announces Expansion of Asset Management Capital Raising Efforts

NEW YORK–(BUSINESS WIRE)–Jefferies Credit Partners (“JCP”), a leading private credit manager and the asset management arm of Jefferies Finance LLC, today announced the expansion of its capital formation capabilities and its investor relations team with the addition of two senior hires. Jefferies Finance is a joint venture of Jefferies Financial Group Inc. (NYSE: JEF) and MassMutual.

Global Algorithmic Suite

NEW YORK & GREENWICH, Conn.–(BUSINESS WIRE)–Leucadia Asset Management, the asset management division of Jefferies Financial Group Inc. (NYSE: JEF), today announced a strategic relationship with Hampton Road Capital Management LP (“Hampton Road”), a fundamental long/short equity firm focused on investing in the technology, media, telecom (“TMT”) and consumer sectors globally. In connection with the transaction, Leucadia Asset Management will invest long-term capital into Hampton Road’s long/short equity strategy.

Leucadia Asset Management Announces Strategic Relationship with Scott Balkan and FourSixThree Capital

NEW YORK–(BUSINESS WIRE)–Leucadia Asset Management (“LAM”) today announced a strategic relationship with FourSixThree Capital LP, led by CIO Scott Balkan. FourSixThree will focus on special situations and distressed credit opportunities across sectors and geographies. Scott will be joined by Co-Managing Partner Bill Kelly along with Co-Founders Drew Newton and Rayan Joshi.

Leucadia Asset Management Announces Strategic Relationship with Dymon Asia Capital

NEW YORK & SINGAPORE & HONG KONG–(BUSINESS WIRE)–Leucadia Asset Management, a division of Jefferies Financial Group Inc. (NYSE: JEF), today announced a strategic relationship with Dymon Asia Capital and an investment in the Dymon Asia Multi-Strategy Investment Fund. In connection with the transaction, Leucadia Asset Management will acquire an economic interest in certain of Dymon Asia Capital’s strategies. Dymon Asia Capital is a leading Asia-focused alternative investment management firm managing strategies across public and private markets globally.

Momentum Economies for the Digital Age: The Case of Israel

Israel has reached a new level of maturity and dynamism, with considerable opportunities for public, private and alternative investors. Just as global manufacturing growth powered numerous economies forward in recent decades, the global supply chain’s increasing reliance on innovation and intellectual property will continue to fuel Israel’s momentum in the years ahead.

Schonfeld and Folger Hill to Create a Global Fundamental Equities Business

NEW YORK & HONG KONG–(BUSINESS WIRE)–Schonfeld Strategic Advisors LLC (“Schonfeld”), an SEC-registered investment adviser, and Folger Hill Asset Management (“Folger Hill”) today announced an agreement that will combine the fundamental equities businesses of the two organizations under the Schonfeld brand. In conjunction with the transaction, Leucadia National Corporation (“Leucadia”), the parent company of Folger Hill, and Sol Kumin, Chief Executive Officer and founder of Folger Hill, will acquire a revenue share interest in Schonfeld’s global fundamental equities business. Leucadia also has agreed to make an investment in Schonfeld’s fundamental equities fund.