Hedge Fund Whippoorwill Nabs Jefferies Exec. For Fundraising

Dec 11 2013 | 11:19am ET

Jefferies & Co. wealth-management chief Markman Peters is leaving the bank to join distressed-debt hedge fund Whippoorwill Associates.

Peters will oversee fundraising efforts at the White Plains, N.Y.-based hedge fund, Reuters reports.

Peters told Jefferies brokers of his departure yesterday. He will be succeeded on an interim basis by Jefferies wealth-management chief operating officer Frank Scheuer.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...