Jefferies hires Speegle to head financial sponsors group

New York, Feb. 25 - Jefferies & Co. said it hired Douglas R. Speegle as managing director and head of its financial sponsors group.

Speegle, previously a senior managing director in Bear Stearns & Co.'s financial buyers group and a managing director in J.P. Morgan's financial sponsors group, will be based in Jefferies' New York office.

"A huge opportunity exists to penetrate the community of middle market private equity and LBO firms," said John C. Shaw, Jr., president of Jefferies, in a news release. "One of Doug's objectives is to combine Jefferies' expertise in leveraged finance and restructuring to benefit these firms."

"We continue to hire opportunistically from among the many highly qualified professionals who have been disillusioned by consolidation in our industry," added Richard B. Handler, Jefferies' chairman and chief executive officer of Jefferies.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.