Wednesday, 22 February 2017
Last updated 51 min ago
Feb 19 2014 | 9:55am ET
Jefferies Investment Advisers launched a $25 million hedge fund in February, according to regulatory filings.
The Global Equity Event Opportunities Fund carries a minimum investment of $1 million and, as of filing, listed a single investor.
The forms bear the signature of Matthew B. Smith, COO of Jefferies' Strategic Investments Division, which oversees multi-strategy and multi-asset class systematic trading strategies. As of June 30, 2013 SID had assets under management totaling $2.4 billion.
Asked for further information about the new fund, Jefferies spokesman Richard Khaleel told FINalternatives, “We have no comment on this.”
Jefferies Investment Advisers is a wholly owned subsidiary of the Jefferies Group, which was purchased in 2013 by Leucadia National Corp.