Jefferies Financial Group Inc. (NYSE:JEF) is a diversified financial services company that operates primarily through its investment banking and capital markets subsidiary, Jefferies LLC. The company provides advisory services for mergers and acquisitions, restructuring and other corporate transactions, along with equity and debt underwriting, securities sales and trading, research, and prime brokerage services.
Jefferies also manages and invests capital through asset management and merchant banking activities. Its investment businesses may include private equity, credit, real estate and other alternative investments, while the company’s merchant banking operations hold interests in a range of businesses and investment vehicles. Through its financial services platform, Jefferies serves corporations, institutional investors, governments and other clients.
Jefferies maintains operations and client relationships across North America, Europe, Asia and other international markets. The firm traces its origins to 1962, when Jefferies was established as an investment banking and securities firm. In 2012, Jefferies Group combined with Leucadia National Corporation; Leucadia later changed its name to Jefferies Financial Group in 2018. The company is led by Chairman and Chief Executive Officer Richard B. Handler, with Brian P. Friedman serving as President.
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