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Leucadia Asset Management Announces Strategic Relationship with Catenary Alternatives Asset Management

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Leucadia Asset Management, a division of Jefferies (NYSE: JEF), has announced a strategic partnership with Catenary Alternatives Asset Management, a New York and Miami-based multi-manager equity long/short platform. Leucadia will provide seed capital to Catenary, which was founded in 2012 by Eli Cohen. This collaboration aims to meet growing investor demand for multi-manager platforms that deliver uncorrelated alpha. The leadership teams expressed enthusiasm about the partnership, emphasizing Catenary's distinct approach and strong track record in the equity markets.

Positive
  • Leucadia Asset Management to provide seed capital to Catenary, enhancing investment capabilities.
  • Strategic partnership addresses substantial investor demand for multi-manager platforms.
  • Catenary's established track record is positioned to attract outside investors.
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NEW YORK--(BUSINESS WIRE)-- Leucadia Asset Management, the asset management division of Jefferies (NYSE: JEF), today announced a strategic relationship with Catenary Alternatives Asset Management (“Catenary”), a multi-manager equity long/short platform based in New York and Miami. In connection with the transaction, Leucadia Asset Management will provide seed capital to Catenary.

Founded in 2012 by Eli Cohen, Catenary has developed a multi-manager fundamental equity long/short platform built upon proprietary insights into the availability of alpha in equity securities.

“There continues to be substantial investor demand in the marketplace for multi-manager platforms capable of delivering uncorrelated alpha. We believe Catenary has developed a differentiated approach that allows it to unlock idiosyncratic alpha and carve out a tailored niche in the space. We are excited to work with Eli and his team as they open up for the first time to outside investors,” said Nick Daraviras and Sol Kumin, Co-Presidents of Leucadia Asset Management.

“We’re thrilled to be working with Nick, Sol and the entire team at Leucadia Asset Management. We believe our track record over the last several years demonstrates that we have built a platform capable of navigating these competitive markets successfully. Leucadia Asset Management has a strong appreciation for what makes the Catenary approach distinctive and a deep understanding of the buyside marketplace. Through our strategic relationship, Leucadia Asset Management will help us deliver our platform to a broader audience,” added Eli Cohen, Founder and CIO of Catenary.

About Leucadia Asset Management

Leucadia Asset Management offers institutional clients an innovative range of investment strategies through its affiliated asset managers. Leucadia Asset Management is a division of Jefferies Financial Group Inc. (NYSE: JEF).

About Catenary Alternatives Asset Management

Catenary was founded in 2012 by Eli Cohen with a focus on alpha-driven investment opportunities. Today, Catenary delivers a multi-manager equity long/short platform in an effort to generate absolute returns for investors. Mr. Cohen has served as a Principal of GenTrust, an affiliated registered investment adviser, and was previously a senior member of the alternatives investment team at Strategic Investment Group, an outsourced CIO.

Media Inquiries:

Leucadia Asset Management / Jefferies Financial Group

Jonathan Freedman

212-284-2300

mediacontact@jefferies.com

Catenary Alternatives Asset Management

Claire Rogan, CPA

305-677-6873

claire@catenaryalts.com

Source: Jefferies Group LLC

FAQ

What is the recent news about Jefferies (NYSE: JEF) and Catenary?

Leucadia Asset Management, part of Jefferies, has formed a strategic partnership with Catenary Alternatives Asset Management, providing seed capital.

Who founded Catenary Alternatives Asset Management?

Catenary was founded in 2012 by Eli Cohen.

What type of investment strategies does Leucadia Asset Management offer?

Leucadia offers a range of innovative investment strategies through its affiliated asset managers.

How does Catenary aim to generate returns for investors?

Catenary delivers a multi-manager equity long/short platform focused on generating absolute returns.

When was Catenary Alternatives Asset Management established?

Catenary was established in 2012.

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