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Jefferies Finance Announces Expansion of Asset Management Capital Raising Efforts

Jefferies Credit Partners ("JCP"), a leading private credit manager and the asset management arm of Jefferies Finance LLC, today announced the expansion of its capital formation capabilities and its investor relations team with the addition of two senior hires. Jefferies Finance is a joint venture of Jefferies Financial Group Inc. (NYSE: JEF) and MassMutual.

Charles Byrne was named Global Head of Sales & Capital Formation at Jefferies Credit Partners. The position is new. Mr. Byrne will be responsible for building and overseeing JCP’s investor relations, fundraising and global capital formation initiatives as Jefferies Finance looks to expand its middle market and large cap direct lending franchise across its global client base. He will report to Tom Brady, President of Jefferies Finance. Mr. Byrne is a veteran business development executive and was previously Co-Head of U.S. Alternatives at RBC Global Asset Management / BlueBay Asset Management. He also served as Global Head of Business Development at Regiment Capital Advisors in Boston and was a Managing Director with Marathon Asset Management in NY.

Andrew Gordon was named Head of Strategic Accounts at the $10+ billion credit platform and will focus his efforts on delivering the firm’s private credit solutions to strategic relationships across the globe. Mr. Gordon was previously Co-Head of US Alternatives at RBC Global Asset Management / BlueBay Asset Management. He also worked as a Managing Director at Marathon Asset Management and Bear Stearns.

The expansion of Jefferies Credit Partners team coincides with the successful close of Jefferies Credit Partners Direct Lending Fund I and the announced launch of Jefferies Credit Partners Direct Lending Fund II, a middle market direct lending strategy, which focuses on providing senior secured loans to middle market companies owned by private equity sponsors. Jefferies Finance is looking to add additional members to its business development team to support its growing private debt platform across middle market and large cap direct lending initiatives.

About Jefferies Credit Partners:

Jefferies Credit Partners (“JCP”) is a New York based private credit platform and manages more than $10 billion of proprietary and third party capital invested across commingled funds, separately managed accounts and CLOs. JCP is the investment management division of Jefferies Finance LLC (“JFIN”), a leading provider of leveraged loans owned by Massachusetts Mutual Life Insurance Company and Jefferies Group LLC (a wholly owned subsidiary of Jefferies Financial Group Inc., NYSE: JEF) since 2004. JFIN is a commercial finance company that structures, underwrites and syndicates primarily senior secured loans to corporate borrowers. The firm conducts its operations primarily through two business lines, JFIN’s leveraged finance arrangement business and JCP’s portfolio & asset management business. JFIN’s leveraged finance arrangement business participates in transactions typically ranging from $250 million to $1.5 billion for borrowers generating between $50 million and $300 million of annual EBITDA. Jefferies Credit Partners has a seasoned team of highly experienced investment professionals with relationships across the world's leading investment firms and financial institutions that provide custom financial solutions to its clients.

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