Jefferies Finance LLC Announces Tom Brady to Succeed Carl Toriello, Who Will Retire as President of Jefferies Finance at Fisc...
September 21 2016 - 8:00AM
Business Wire
Jefferies Finance LLC, a joint venture of Jefferies and
MassMutual, announced today that its President, Carl Toriello, will
be retiring at the end of this fiscal year on November 30, 2016.
Tom Brady, who has been an integral part of the Jefferies Finance
leadership team since its inception in 2004, will succeed Mr.
Toriello as President.
Rich Handler, CEO, and Brian Friedman, Chairman of the Executive
Committee, of Jefferies Group LLC commented: “Carl has done a
spectacular job helping us build Jefferies Finance from a start-up
in 2004 to one of the leaders in the leveraged-lending marketplace.
We thank Carl for his incredible support and partnership, and wish
him many years of happiness in his retirement. We are also thrilled
that Carl will continue his association (post retirement from his
full time position) as a member of the Jefferies Finance
Credit Committee.
“We also are very excited about Tom Brady’s promotion to
President and know the leadership transition will be seamless.
Tom joined Jefferies Finance at inception and has been an
integral part of its leadership team for the past twelve years. We
look forward to working together to continue to provide great
service to our borrower clients and investors."
About Jefferies Finance
Jefferies Finance LLC, a joint venture of Jefferies and
MassMutual, is a commercial finance company whose primary focus is
the origination and syndication of senior secured debt to middle
market and growth companies in the form of term and revolving
loans. Loans are originated primarily through the investment
banking efforts of Jefferies. Jefferies Finance may also originate
other debt products such as second lien term, bridge and mezzanine
loans, as well as related equity co-investments. Jefferies Finance
also purchases syndicated loans in the secondary market.
About Jefferies
Jefferies, the world's only independent full-service global
investment banking firm focused on serving clients for over 50
years, is a leader in providing insight, expertise and execution to
investors, companies and governments. Jefferies provides a full
range of investment banking, sales, trading, research and strategy
across the spectrum of equities, fixed income and foreign exchange,
as well as wealth management, in the Americas, Europe and Asia.
Jefferies Group LLC is a wholly-owned subsidiary of Leucadia
National Corporation (NYSE:LUK), a diversified holding company.
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version on businesswire.com: http://www.businesswire.com/news/home/20160921005487/en/
For Jefferies Finance LLC:Richard Khaleel, 212 284
2556rkhaleel@jefferies.com
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