Jefferies & Co. hires Jordan White as head of special situations

By Devika Patel

Knoxville, Tenn., Sept. 10 - Jefferies & Co., Inc. announced it has hired Jordan White as head of special situations in its equities division.

White has 15 years of experience in the securities industry, including eight focused on special situations securities position trading and sales. He was most recently an executive director in the equities division at Morgan Stanley.

White will be responsible for building out Jefferies' special situations effort.

He is joined by senior vice president Andrew S. Baker, formerly the director of research and a senior analyst at Cathay Financial, Inc., with nine of years of experience evaluating event-driven investment opportunities. Baker will evaluate mergers, tenders, spin-offs, corporate cross holdings and corporate restructurings.

In addition, Brian E. Smith joins as senior vice president and special situations sector trader. Smith, formerly an executive director and special situations trader with Morgan Stanley, brings 12 years of trading experience to the effort.

"Jordan White has an established expertise in special situations and an outstanding track record. We are confident that he and his team will be instrumental in the build-out of our special situations capabilities, and that their relationships and expertise will benefit the firm's broad and diverse client base of institutional investors and fund managers," co-heads of the firm's equities department Jason D. Griffith and Ross L. Stevens said in a joint statement.

Jefferies & Co. is the principal operating subsidiary of Jefferies Group, Inc., a New York-based global investment bank and institutional securities firm.

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