Jefferies to acquire a 50% Interest in Hildene Capital Management.

Jefferies, a full-service investment banking and capital markets firms, agreed to acquire a 50% Interest in Hildene Capital Management, an alternative asset manager. Financial terms were not disclosed. “Since our launch in 2008, we have sought to invest in innovative credit products that consistently deliver strong risk-adjusted returns for our clients. We believe that expanding our partnership with Jefferies and completing the acquisition of SILAC will best position us to scale our platform, broaden our origination capabilities and support the long-term interests of SILAC’s policyholders while meeting the evolving needs of our clients and capital partners," Brett Jefferson, Hildene Founder, President and Co-Chief Investment Officer.