NEW YORK & SINGAPORE & HONG KONG, Feb 5 (Bernama-BUSINESS WIRE) — Leucadia Asset Management, a division of Jefferies Financial Group Inc. (NYSE: JEF), today announced a strategic relationship with Dymon Asia Capital and an investment in the Dymon Asia Multi-Strategy Investment Fund. In connection with the transaction, Leucadia Asset Management will acquire an economic interest in certain of Dymon Asia Capital’s strategies. Dymon Asia Capital is a leading Asia-focused alternative investment management firm managing strategies across public and private markets globally.
The new fund will invest in Asian equities, currencies and bonds through 26 of Dymon Asia Capital’s portfolio managers. In addition to being a cornerstone investor in this new fund, Leucadia Asset Management will provide certain services to Dymon Asia Capital. Dymon Asia Capital is led by Danny Yong, Chief Investment Officer and a founding partner of Dymon Asia Capital. Mr. Yong has over 24 years of experience trading FX, fixed income, and index futures in Asia. This strategic relationship with Dymon Asia Capital will allow Leucadia Asset Management to further tap into the growth of the Asian market and deepen its foothold in Asia.