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Published on 3/30/2006 in the Prospect News Distressed Debt Daily.

Jefferies unit hires Steven R. Strom as restructuring group managing director

By Caroline Salls

Pittsburgh, March 30 - Jefferies & Co., Inc., the principal operating subsidiary of Jefferies Group, Inc., hired Steven R. Strom as a managing director in the restructuring group of the firm's investment banking division, according to a company news release.

Strom, who will be based at Jefferies' New York headquarters, has more than 20 years of experience in the securities industry, focused primarily on corporate restructuring, mergers and acquisitions.

Previously, Strom was a managing director in the restructuring advisory groups at CIBC World Markets and Chanin Capital Partners.

Jefferies is an investment bank and institutional securities firm.


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