On March 1, 2022, it was announced that Leucadia Asset Management acquired a stake in Hildene Capital Management, LLC.
Under the terms of the transaction, Leucadia Asset Management (“LAM”) will enter into a strategic relationship with Hildene Capital Management, LLC (“Hildene”). LAM will acquire a non-controlling financial interest in Hildene and will help seed certain new Hildene vehicles and businesses.
LAM, based in New York, New York, is a division of Jefferies Financial Group (NYSE: JEF) and offers institutional clients a range of investment strategies through its affiliated asset managers.
Hildene, based in Stamford, Connecticut, is a diversified institutional asset manager specializing in asset-based and credit opportunities. Hildene has approximately $12 billion in assets under management.
To read the press release: please click here.