Ex-Paloma team spearheads new Jefferies thrust

Fri Mar 30, 2007

Jefferies Asset Management, the investment affiliate of the U.S. broker-dealer Jefferies & Co., has been quietly developing its alternative asset management platform - which has become one of the major strategic aims of the firm.

Last year, Jefferies brought in Tom Witz to become chief investment officer for the firm's asset management unit. A seasoned hedge fund veteran, Witz had spent many years as managing director and director...


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