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, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.
Monthly subscriptions and discounted corporate plans for up to 100 members also available.