The JEFFRIES GROUP is a publicly held investment adviser that advises $32.38Bn in regulatory assets under management held in 6 SEC fund types across 8 investment strategies. JEFFRIES GROUP is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 121.99% over the last 5-years.
The Group has been registered with the SEC for 23.04 years and is comprised of 6 filing and 3 relying advisers. They operate out of 16 office locations with their Headquarters at 520 MADISON AVENUE 12TH FLOOR, NEW YORK, NY. The Group has been subject to regulatory enforcement actions. They are regulated by 31 US and Non-US bodies.
They have 530 employees comprised of 391 investment and 139 non-investment staff. The total number of Employees increased by 34.18% over the last 5-years.
Their $32.38Bn in assets advised are owned by 63 private funds, 0 public funds and BDCs and 1 other account. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $32.12Bn or 99.22% of Total Assets and Corporations or Other Businesses own $252.47mn or 0.78% of Total Assets.
The Group's top investment strategies include FI/Credit - Asset Backed Securities, FI/Credit - Lending and Commodities, representing 40.89%, 27.47% and 16.52% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Corporations or Other Businesses.
The Group uses 5 Fund Administrators, 2 Fund Auditors, 6 Prime Brokers, 14 Custodians and 3 Marketers. It does not report a third-party Fund Administrator in 3 private funds with $310.62mn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
JEFFRIES GROUP names 1 sub-adviser CONFIDENTIAL TREATMENT REQUEST TO BE SUBMITTED PURSUANT TO THE ADVISERS ACT SECTION 210(A) to 2 different funds advised by the group. The Group has been named as the sub-adviser to 1 fund.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In JEFFRIES GROUP's case, they have 33 business conditions that require high process maturity and 3 Watch Factors.