Jefferies Hires Robert Harteveldt
Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for over 40 years. Headquartered in New York with more than 20 offices around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management.
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NEW YORK, July 8, 2008 -- Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced the hiring of Robert L. Harteveldt as Chairman of Fixed Income and a member of the Firm's Executive Committee.
Mr. Harteveldt was previously Head of High Yield, Distressed and Loan Sales at Bear Stearns. He joins David W. Schwartz, Head of High Yield, Distressed and Convertible Sales and Trading, in the day-to-day management of these businesses. Mr. Harteveldt will be based in the Firm's Stamford, Connecticut, office and will also help to integrate Jefferies' overall sales and trading effort in fixed income.
"Rob Harteveldt brings tremendous expertise and relationships to Jefferies, and his years of experience managing Bear's high yield, distressed and loan businesses will certainly contribute to the continued growth of our franchise in these areas," commented Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. "I look forward to working directly with Rob as we focus our strategy of providing seamless sales and trading capabilities, and as we more effectively integrate our distribution and trading businesses for the benefit of our fixed income clients globally. David Schwartz and I are very excited about this positive development for our entire firm," he added.
"Jefferies' existing platform, which has recently been enhanced by numerous key hires, provides a terrific opportunity to extend the Firm's strong fixed income franchise, and I'm thrilled to be a part of this impressive team," said Mr. Harteveldt.
Prior to joining Jefferies, Mr. Harteveldt spent more than 24 years at Bear Stearns, where he was most recently a Senior Managing Director and Head of High Yield, Distressed and Loan Sales. He was also a member of the President's Advisory Council and the Fixed Income Management Committee at Bear Stearns. Prior to joining Bear Stearns, he received his undergraduate degree from Dartmouth College.
"Rob Harteveldt brings tremendous expertise and relationships to Jefferies, and his years of experience managing Bear's high yield, distressed and loan businesses will certainly contribute to the continued growth of our franchise in these areas," commented Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. "I look forward to working directly with Rob as we focus our strategy of providing seamless sales and trading capabilities, and as we more effectively integrate our distribution and trading businesses for the benefit of our fixed income clients globally. David Schwartz and I are very excited about this positive development for our entire firm," he added.
"Jefferies' existing platform, which has recently been enhanced by numerous key hires, provides a terrific opportunity to extend the Firm's strong fixed income franchise, and I'm thrilled to be a part of this impressive team," said Mr. Harteveldt.
Prior to joining Jefferies, Mr. Harteveldt spent more than 24 years at Bear Stearns, where he was most recently a Senior Managing Director and Head of High Yield, Distressed and Loan Sales. He was also a member of the President's Advisory Council and the Fixed Income Management Committee at Bear Stearns. Prior to joining Bear Stearns, he received his undergraduate degree from Dartmouth College.
