LAM to Acquire Stake in Hildene

INVESTMENT MANAGEMENT DEALS BLOG

March 17, 2022

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.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.