Jefferies & Company (NYSE: JEF)
Jefferies Group, Inc., together with its subsidiaries, operates as an investment bank and institutional securities company in the Americas, Europe, Asia and the Middle East. It operates in two segments, Capital Markets and Asset Management. The Capital Markets segment comprises securities execution operations consisting of sales, trading, and research in equity, equity derivatives, convertible, high yield and investment grade fixed income securities; and prime brokerage and investment banking banking service operations, which include capital market transactions, mergers and acquisitions, and other advisory transactions. It provides its clients, primarily growing and mid-sized companies, a range of financial advisory services, as well as debt, equity and covertible capital raising services. This segment also offers expertise in direct placements, private equity, private placements, initial public offerings, and follow-on offerings of equity and equity-linked convertible securities, as well as offers a range of debt financing for growing and middle market companies and sponsors.
Jefferies' Healthcare Group also advises buyers and sellers on sales, divestitures, acquisitions, mergers, tender offers, joint ventures, strategic alliances, and takeover defenses. In addition, this segment provides securities lending and commodity-related trading to domestic and international investors, such as investment advisors, banks, mutual funds, insurance companies, hedge funds, and pension and profit sharing plans. The Asset Management segment offers investment management services and products to various private investment funds. Its products include private fund products consisting of long-short equity and fixed income funds. Jefferies Healthcare Group was founded in 1962 and is based in New York, New York.
Jefferies' Healthcare Group provides a full suite of advisory and capital markets capabilities to a diverse client base spanning a wide variety of sectors, including: biotechnology, clinical research organizations, diagnostic services, healthcare information technology, hospitals, medical devices, outpatient providers, senior care and specialty pharmaceuticals.