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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Jefferies & Co. Exec Joins NY Hedge Fund

Dec 11, 2013
Jing Chen

The managing director at global investment banking firm Jefferies & Co. is leaving to join a distressed debt hedge fund.

Reuters reported that Markman Peters, who joined Jefferies & Co. in 2009 to run and expand its wealth management business, has started working at New York-based Whippoorwill Associates where he is responsible for raising funds.

Peters’ functions have been temporarily taken by the chief operating officer of Jefferies’ wealth management business, Frank Scheuer. Jefferies will conduct a search for a replacement from internal and external candidates.

Jefferies has brokerage offices in New York, Atlanta, Boston, Dallas, Los Angeles and San Francisco, and plans to open an office in Hong Kong in the next several months.

 

 

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