Jefferies Bulks Up Fund Placement Team

Luke Belcastro and Peggy Marshall have joined Jefferies as New York-based managing directors in the firm’s fund placement group. They previously were with Mallory Capital Group as a partner and principal, respectively. Jefferies also has hired Joseph Nagae as a London-based senior vice president. He previously was a director in Citigroup’s fund placement unit.

PRESS RELEASE

Jefferies announced today the expansion of its global fund placement group with the hiring of three senior professionals. Luke Belcastro and Margaret (Peggy) Marshall join as Managing Directors in New York, and Joseph Nagae joins as a Senior Vice President in London.

Steve Gray, Head of the Fund Placement Group in Jefferies’ Investment Banking Division, commented, “We are confident about the long-term prospects for the private equity and alternatives markets, which will continue to be reflected in our hiring plans. The addition of these three experienced professionals represents a further strengthening of our teams in New York and London, and will allow Jefferies to better serve the increasing needs of our clients. Their extensive experience, deep relationships and industry expertise will add immediate value to our clients and team globally.”

Jefferies’ Fund Placement Group is one of the world’s leading international placement agents and advisors for private equity funds, with 25 professionals operating from offices in London, New York, San Francisco and Singapore. Known for thoughtful and balanced research, carefully planned strategies and rigorous due diligence, the group has raised over $28 billion in fund commitments since 2001.

Luke Belcastro joins Jefferies from Mallory Capital Group LLC, an investment banking boutique specializing in raising capital for private equity funds, where he was a Partner. Previously, he was a Director in the Equity Capital Markets group of Credit Suisse (formerly Donaldson, Lufkin & Jenrette). He received a BA in Economics from Amherst College, cum laude.

Peggy Marshall also joins Jefferies from Mallory Capital LLC, where she was a Principal. Prior to that she was a Vice President in the Alternative Capital Division – Private Fund Group at Credit Suisse; as well as the Private Equity Group at Merrill Lynch. She received a BA in Mathematics and Economics from Barnard College at Columbia University.

Joseph Nagae joins Jefferies from Citigroup, where he held a variety of positions and was most recently a Director in that firm’s Private Placement Group. He received an MBA from Harvard Business School and a BA from Sophia University in Tokyo, magna cum laude.

About Jefferies

Jefferies, a major global securities and investment banking group, has served companies and their investors for more than 45 years. With global Headquarters in New York City and international headquarters in London, the firm has offices in more than 25 cities around the world, providing clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com). Jefferies International Limited, a UK-incorporated, wholly owned subsidiary of Jefferies Group, Inc., is authorised and regulated by the UK Financial Services Authority.