Jefferies’ Post

We are pleased to welcome Paul Zimbardo, who joins Jefferies as a Managing Director in New York. Paul brings over 10 years of buy-side & sell-side expertise and experience to the Firm. Paul will cover Power, Utilities, & Clean Energy sectors within our equity research business. Welcome to Team Jefferies! To be added to his research distribution list, click here: http://spklr.io/6049SV9c

Automotive aftermarket industry revenues and profits are far more inelastic than other services-focused industries – a trait that private equity investors value. Despite the sector’s size and consistent record of profitability, it is highly fragmented and dominated by individual- or family-owned businesses. Generally, the largest companies in any given subsector have a small single-digit percentage share of that overall market, creating a compelling opportunity for private equity investors looking for long runways to grow platform businesses. Read more here: http://spklr.io/6040SPWA

As big tech increasingly focuses on artificial intelligence, data center demand is skyrocketing. A potential big winner of the data center boom is the global energy transition. Tech giants now play a dominant role in the corporate Power Purchase Agreement (PPA) market, with Amazon leading the charge. These long-term revenue commitments enable developers to finance new renewable energy projects. In 2023, the corporate PPA market hit a record high for the seventh consecutive year, with an increasing share going toward solar, wind, and other renewable sources. Established developers with deep pipelines of renewable assets, healthy balance sheets and strong risk management capabilities could see improvement in returns on new capacity deployment. Read more here: http://spklr.io/6041SzrR You can also download the full "Powering Data Centers" report led by Jefferies Utilities and Clean Energy team.

Recently, The TRADE News sat down with Dean Gray, head of EMEA outsourced trading at Jefferies, to discuss his perspective on the rise of outsourced trading and future implications of its growth as more heads turn in the direction of white space. Dean highlights that growth in outsourced trading will encourage new entrants and broaden asset class coverage, predicting consolidation among a few key players because of the significant investments required to maintain and grow a share of the market. The Jefferies Outsourced Trading desk has seen tremendous growth since its inception in 2018. Headed by Paul Covello, his team of experienced traders offer global multi-asset execution and related services. With offices in key regions and fully segregated from the firm’s other equity businesses, they partner with clients and closely align themselves with their investment process. Read Dean’s full interview here: http://spklr.io/6045SPoU

We are pleased to welcome Tycho Peterson, who joins as a Managing Director and Research Analyst based in New York. Tycho will expand our coverage in life science tools and diagnostics, bringing over two decades of experience as a top-ranked research analyst in the sector. He was inducted into the Institutional Investor Hall of Fame in 2021. Welcome to Team Jefferies!

Jefferies is delighted to have hosted the second edition of its Vitamins & Supplements Conference in London on Wednesday 26th June. This one-of-a-kind conference, solely focused on the Global VMS and Consumer Health sectors, welcomed some of the most influential and ambitious industry leaders, accompanied by the most active investors in the space. The conference not only offered a valuable opportunity to network among key stakeholders, but also delved into conversations around top-of-mind topics such as breakthrough brands leading the way, strategies and aspirations of building a global multi-brand platform, science being the new standard, the evolution and importance of the healthcare practitioner channel and key trends and opportunities in the Consumer Health industry. Thank you to all who attended, with special thanks to our keynote speakers and panelists: Nicolas Brodetsky (CEO, Havea Group), Pat Smallcombe (President & CEO, Metagenics), Chris Rinsch (President & Co-Founder, Timeline®), Darcy Laceby (Co-Founder, Chief People & Product Officer, Absolute Collagen), Massimo Mercati (CEO, Aboca), Rich Baruch (CEO, Physician's Choice®’s Choice), Dr. Nima Alamdari (Chief Scientific Officer, Ritual), Isabelle Ducellier (CEO, Orkla Health), Will Bowler (CEO, Symprove Ltd), Adam Dawson (Global Co-Head Healthcare PE, Goldman Sachs Asset Management), Christoffer Lorenzen (CEO, Karo Healthcare), Geert Cools (CEO, Vision Healthcare NV), Tom Zivanovic (CEO, Sunwave Group)   We look forward to welcoming you all next year!

Greg Kaplan, Global Head of Fixed Income Portfolio Management for Jefferies Wealth Management, discusses why municipals remain compelling for new investment in his commentary, “Municipal Valuations Improve on Seasonal Weakness.”

We are pleased to be serving as Sole Financial Advisor to Airbus in its acquisition of Airbus-related activities from Spirit AeroSystems. With this agreement, Airbus aims to ensure stability of supply for its commercial aircraft programs through a more sustainable way forward, both operationally and financially, for the various Airbus work packages that Spirit AeroSystems is responsible for today. This deal exemplifies Jefferies' ability to advise on complex strategic carve-outs with the world’s leading companies. http://spklr.io/6043Sy2J

Jefferies is pleased to have served as exclusive financial advisor to Altimetrik, a pure-play digital business company, on its majority investment from TPG. Altimetrik is a leading pure play digital business company that pioneered a business-led, agile, product-oriented approach. The company’s industry-first, holistic digital business methodology serves as a proven blueprint to develop, scale, and launch new products to market faster, seamlessly integrating data/AI, technology, culture, and processes. The transaction highlights Jefferies global capabilities and track record advising market defining companies with first-of-its-kind solutions and capabilities.