Opalesque Industry Update - Jefferies announced today the hiring of Josh
Gold as a Managing Director and Head of the firm’s new Hedge Fund
Relationship Group. Mr. Gold will be responsible for efforts to manage the
firm’s overall relationships with U.S.-based hedge funds, including
representing Jefferies’ broad product offering across equities and fixed
income. “The establishment of a hedge fund relationship group is further evidence of Jefferies’ commitment to strengthening our equity and fixed income sales and trading platform, and to providing quality, best-in-class service to our global institutional clients,” commented Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. “Given his strong background, Josh Gold is well-qualified to lead this strategic effort for Jefferies as we continue to focus on our customers.” Mr. Gold joins Jefferies from Dematteo Monness, LLC, an independent primary research firm and full-service broker-dealer, where he spent seven years, most recently as a managing partner. Previously, he spent three years at Goldman Sachs, where he started and led that firm’s dedicated hedge fund coverage effort in Boston. Prior to that, he worked at Donaldson, Lufkin & Jenrette and Bear Stearns in equity sales capacities. He received a BA from Lafayette College. Jefferies’ equities group consists of more than 650 professionals globally, including 120 outside the US, offering services in a full range of equity products, including cash equities, electronic trading, equity derivatives, exchange traded funds, prime brokerage and securities finance. Similarly, the firm’s global fixed income group consists of over 500 professionals focused on the sales and trading of investment grade corporate bonds, high yield bonds, government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans, leveraged loans, distressed securities and emerging market debt. (press release) kb |
Industry Updates
Jeffries establishes hedge fund relationship group - appoints Josh Gold to head
Monday, October 04, 2010
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