The $12 billion distressed and event-driven credit manager Hildene Capital has formed a strategic relationship with Leucadia Asset Management, which should help seed certain Hildene vehicles and businesses.
Leucadia, a division of Jefferies Financial Group, will acquire a non-controlling financial interest in Hildene as part of the transaction.
Founded in 2008, Hildene has seen strong growth across its assets, infrastructure and employee base, officials said, adding that the firm’s management team, investment strategy, and day-to-day operations will remain unchanged.
Reportedly, the Hildene Opportunities Fund, which is said . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators