Strategic Alignment Across

Leucadia Asset Management

At the foundation of the platform lies 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 Boutiques
16*

Number of Leading Asset Management Boutiques

 
Capital
$13BN**

Permanent Capital of Parent Company

 
Launched In
2013

Coordinated LAM Effort Launched

 
Assets
$25BN***

Assets Under Management (as of December 1, 2020)

 

 

Highlights

1979

Leucadia National Corporation (LUK) is founded

2004

Jefferies Group and MassMutual form Jefferies Finance

2007

GEEOF strategy launches with parent capital

2008

LUK acquires initial stake in Jefferies Group

2013

LAM platform launches in coordinated effort to expand asset management business at LUK

LAM acquires Topwater strategy

LUK acquires remaining stake in Jefferies Group

2018

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

LAM entered into a transaction to combine Folger Hill Asia with Schonfeld Strategic Advisors to create a global fundamental equities business

LUK renamed Jefferies Financial Group Inc.

 

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.
 

 

*Leucadia 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.

**Includes equity and long term debt as of August 31, 2020

***Represents Net Asset Value or Net Asset Value Equivalent