Strategic Alignment Across

Leucadia Asset Management

At the foundation of the platform is a focus on strategic alignment across LAM, its asset managers and its institutional investors.

Strategic Alignment Across

Affiliated Asset Managers

LAM provides its affiliated asset managers with access to stable long-term capital, robust operational infrastructure, as well as global distribution.

Strategic Alignment Across

Institutional Investors

LAM offers investors the opportunity to invest alongside Jefferies Financial Group Inc. (“JEF”) (through its subsidiaries), which maintains investments with and/or equity interests in the asset managers on the platform.

 

Overview

Leucadia Asset Management (“LAM”) is a diversified alternative asset management platform offering predominantly institutional clients an innovative range of investment strategies through its affiliated asset managers.

At the foundation of the platform lies a focus on strategic alignment across LAM, its asset managers and its institutional investors. LAM provides its affiliated asset managers with access to stable long-term capital, robust operational infrastructure, as well as global distribution. LAM offers investors the opportunity to invest alongside Jefferies Financial Group Inc. (“JEF”) (through its subsidiaries), which maintains investments with and/or equity interests in the asset managers on the platform.

Our approach is enhanced by the stability and support of LAM’s parent, JEF, a diversified Fortune 500 financial services firm with $13Bn of permanent capital and a 40-year history.

LAM serves a diverse investor base that includes sovereign wealth funds, public and corporate pensions, insurance companies, foundations, endowments and other institutional investors.

 

By the numbers

Affiliated Boutiques1
16

Number of Leading Asset Management Boutiques

 
Capital2
$13BN

Permanent Capital of Parent Company

 
Launched In
2013

Coordinated LAM Effort Launched

 
Assets3
$30BN

Assets Under Management (as of March 31, 2021)

 

 

Highlights

1979

Leucadia National Corporation (LUK) is founded

2004

Jefferies Group and MassMutual form Jefferies Finance

2008

LUK acquires initial stake in Jefferies Group

2013

LUK aquires remaining stake in Jefferies Group

LAM platform launches coordinated effort to expand asset managment business in LUK

LUK acquires Topwater Capital Partners

2018

LAM enters into strategic relationship with Weiss Multi-Strategy Advisers LLC

LAM enters into strategic relationship with Schonfeld Strategic Advisors 

LUK renamed Jefferies Financial Group Inc.

Kathmandu joins LAM platform

2019

Solanas Capital joins LAM platform

LAM enters into strategic partnership with Stonyrock Partners

Point Bonita Capital joins LAM platform

LAM enters strategic partnership with Monashee Investment Management

2020

Riposte Capital joins LAM platform

LAM enters into strategic partnership with Dymon Asia Capital

LAM enters into strategic partnership with FourSixThree Capital

LAM enters into strategic partnership with Hampton Road Capital

3|5|2 Capital joins LAM platform

2021

LAM annouces strategic partnership with Strategic Vision Investment ("SVI")

LAM launches the Solanas Capital ESG Sustainability UCITS Fund

Alignment with Managers: Committed to Asset Manager’s Long-Term Success

Stability Long-term
commitment Infrastructure
and support
VALUE TO ASSET MANAGERS more

LAM benefits from the permanent capital, brand and resources of its parent, JEF. With over 40 years of investing experience, JEF seeks value by creating, acquiring, building and operating a diverse set of businesses and strategies.
 

LAM maintains substantial investments and/or equity stakes in its affiliated asset managers, affording each the necessary time to grow at the speed most suitable for it's strategy and business.
 

LAM helps new and established asset manager affiliates institutionalize their businesses. LAM provides centralized infrastructure, strategic business development, operations, compliance and capital raising.
 

Opportunity to Co-invest Alongside Jefferies Financial Group

A key benefit to investors, when allocating assets to LAM, comes from the strategic investments and/or equity interests its parent, JEF, has with affiliated asset managers. This approach has aligned LAM’s investment objectives with those of its investors.

Investment
Opportunity Solid
Foundation Relationships
benefits to investors more

LAM offers investors an opportunity to deploy capital alongside its parent company, JEF, further aligning LAM’s interests with those of its clients.
 

JEF’s strong balance sheet and institutional infrastructure provides LAM’s affiliated asset managers with potential access to significant stable capital. This positions them for long-term success.
 

LAM’s relationships, along with those of JEF's subsidiaries (including the investment bank Jefferies LLC.), enable the firm to provide additional insights and opportunities to its affiliated asset managers.
 

 

1Leucadia Asset Management provides a central infrastructure and support hub for the diverse strategies on the platform, which includes strategic business development, operations, compliance and capital raising support.

2Includes equity and long term debt as of February 28, 2021

3Represents Net Asset Value or Net Asset Value Equivalent as of May 31, 2021. The aggregate AUM of the LAM platform includes direct assets under management as well as AUM of certain asset management activities with Jefferies Financial Group and AUM of affiliated asset managers in which LAM has an equity investment or revenue share interest and with which LAM has invested balance sheet capital.