Hildene to partner with Leucadia

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 . . .

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