Comment & Analysis
Jefferies gives up on buyout fund manager investing business-sources
Jefferies Financial Group Inc is abandoning an effort to raise a $1 billion fund to buy stakes in private equity fund managers, giving up on a niche and lucrative corner of asset management, people familiar with the matter said. It is a blow to Jefferies' Leucadia Asset Management division, which…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Reuters