Jefferies, a global securities and investment banking group, has expanded its global fund placement group with the hiring of three senior professionals. Luke Belcastro and Margaret (Peggy) Marshall join as managing directors in New York, and Joseph Nagae joins as a senior vice president in London.
Luke Belcastro joins Jefferies from Mallory Capital Group, an investment banking boutique specializing in raising capital for private equity funds, where he was a partner. Previously, he was a director in the equity capital markets group of Credit Suisse.
Peggy Marshall joins from Mallory Capital, where she was a principal. Prior to that she was a vice president at alternative capital division – private fund group at Credit Suisse; as well as the private equity group at Merrill Lynch. Joseph Nagae joins from Citigroup, where he held a various of positions and was most recently a director in that firm’s private placement group.
Steve Gray, head of the fund placement group in investment banking division of Jefferies, said: “We are confident about the long-term prospects for the private equity and alternatives markets, which will continue to be reflected in our hiring plans. The addition of these three experienced professionals represents a further strengthening of our teams in New York and London, and will allow Jefferies to better serve the increasing needs of our clients. Their extensive experience, deep relationships and industry expertise will add immediate value to our clients and team globally.”
