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Published on 7/19/2002 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

Jefferies hires Minella as director of capital markets origination

New York, July 19 - Jefferies & Co., Inc. said it hired Raymond J. Minella as director of capital markets origination.

Before joining Jefferies, Minella was chairman of Berenson Minella & Co., an investment-banking boutique which he co-founded in 1990. As head of the firm's financing and restructuring business, Minella's recent transactions include the recapitalization of Fitness Holdings Worldwide and Moore Corp., as well as the restructuring of Radiologix, Inc. and Cornerstone.

Before Berenson Minella, Minella was at Merrill Lynch, where he founded and headed the high yield and strategic finance group in 1985 and co-headed the merchant banking group beginning in 1988.

Jefferies also said it hired Gregg H. Feinstein as director of mergers & acquisitions. Feinstein was most recently chief operating officer and a managing director at Berenson Minella, which he joined at its inception and where he became one of three principal shareholders in 1992. His recent transactions include the sale of Big Flower Holdings to Thomas H. Lee for $1.8 billion and the recapitalization of Remington Products Co. with Vestar Capital Partners.

"These veteran bankers are terrific additions to our capital markets and M&A efforts and further enhance Jefferies' strategy to be the leading full-service Wall Street firm focused on the middle market," said Richard B. Handler, chairman and chief executive officer of Jefferies, in a news release.


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