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...