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Jefferies Expands Global Equities Sales and Trading

2010-07-20 09:54
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Five New Hires Join in International Equity Sales

NEW YORK & BOSTON & SAN FRANCISCO & LONDON--(BUSINESS WIRE)--In a further expansion of the firm’s Global Equities Sales & Trading Business, Jefferies announced today the addition of five professionals to the firm’s international equity sales and research sales effort. Scott Ackerman joins as an International Equity Sales Trader and Richard Harb, Martyn Bergh, Jerry Bellman and Paul LoGiudice join as European Equity Research Salesmen. Mr. Ackerman is based in New York, Messrs. Harb and LoGiudice are based in Boston, and Messrs. Bellman and Bergh are based in San Francisco.

“The continued expansion of our international equity sales and research sales teams underscores the global nature and coverage of Jefferies' equities business today, and emphasizes the importance of being integrated on a global basis to better serve our clients," commented Jason Griffith, Global Head of Equities at Jefferies. "We have significantly expanded during the past two years and now have more than 650 professionals globally focused on cash equities, equity research, electronic trading, equity derivatives, prime brokerage, securities finance and equity capital markets.”

"We are delighted that these talented and experienced professionals have joined Jefferies. These hires are part of our ongoing commitment to providing clients with world class, high quality equity sales and trading capabilities on a global basis. The experience and longstanding client relationships of Scott, Richard, Martyn, Jerry and Paul will bring immediate value to Jefferies,” added Andrew Shortland, Head of International Equities.

In addition to these hires in the US, Jefferies has added a number of new equity professionals in London over the last few months. Jerry Dellis joined as an Equity Research Analyst covering the Telecoms industry from JPMorgan, Abid Hussain joined as an Equity Research Analyst covering the Insurance industry from Prudential and Mike Betts joined as an Equity Research Analyst covering Global Building Materials. Additionally, in Equity Research Sales, David Craven has joined as a Managing Director and Alan Carvell has joined as a Senior Vice President, both from ICAP Equities.

Summary of New Hires:

Scott Ackerman joins Jefferies as an International Equity Sales Trader from Deutsche Bank, where he spent eight years as a Director in International Sales and Trading. He is based in New York.

Martyn Bergh joins Jefferies as a European Equity Research Salesperson from Deutsche Bank, where he spent eight years and was most recently a Vice President for Institutional Equity Sales. He is based in San Francisco.

Jerry Bellman joins Jefferies as a European Equity Research Salesperson from Bellman Walter Capital, where he spent two years and was most recently an Equity Analyst. He is based in San Francisco.

Richard Harb joins Jefferies as a European Equity Research Salesperson from UBS, where he spent three years and was a Director for European Equity Sales. He is based in Boston.

Paul LoGiudice joins Jefferies as a European Equity Research Salesperson from UBS, where he spent four years in European Equity Sales. He is based in Boston.

Jefferies, a global securities and investment banking firm, has served companies and their investors for more than 48 years. Jefferies & Company, Inc. is the principal US operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com), and Jefferies International Limited is the principal UK operating subsidiary. Jefferies International Limited, a UK-incorporated company, is authorised and regulated by the UK Financial Services Authority.

Contacts

Jefferies
Tom Tarrant, +1 203 708 5989
ttarrant@jefferies.com
or
Desiree Maghoo, 44 20 7029 8085
dmaghoo@jefferies.com
or
CJP Communications
Josh Passman, +1 212 279 3115 x203
jpassman@cjpcom.com