FOR IMMEDIATE DISTRIBUTION
NEW YORK, April 20, 2009 -- The Jefferies investment bank today announced that Roy Carlberg has joined as a Managing Director and Head of Syndicate in the Firm’s Municipal Securities Group. Mr. Carlberg has more than 18 years of industry experience and was most recently a Senior Managing Director at Bear Stearns, where he managed that firm’s municipal securities syndicate effort. Mr. Carlberg will be based in the New York office of Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF).
“We are excited to have Roy Carlberg join Jefferies’ municipal securities effort as head of syndicate,” said Tim Cronin, Head of the Fixed Income Department at Jefferies. “His extensive experience and deep relationships will significantly enhance our ability to syndicate our underwritings and participate with others.”
Mr. Carlberg will be responsible for managing the underwriting process and its participants for competitive and negotiated municipal bond offerings in which Jefferies is involved. He will report to Kenneth Gibbs, President of Jefferies’ Municipal Securities Group, and Alan Greco, Head of Municipal Sales & Trading.
“I am delighted to join Jefferies and be a part of the Firm’s municipal group and thriving fixed income platform,” commented Mr. Carlberg. “The firm’s financial strength, full service platform and strong franchise were key factors in my decision to join Jefferies.”
This announcement further demonstrates Jefferies’ growing strength in fixed income, where the firm now has more than 250 professionals focused on the sales and trading of investment grade corporate bonds, US government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans and emerging markets debt. Last month Jefferies closed its acquisition of Depfa First Albany, a leading municipal securities firm that provides integrated investment banking, advisory and sales and trading services.
About Jefferies
Jefferies, an independent, full-service global securities and investment banking firm, has served companies and their investors for more than 45 years. Headquartered in New York City, with offices in more than 25 cities around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. The firm provides investors with fundamental research and trade execution in equity, equity-linked, and fixed income securities, including corporate bonds, high yield bonds, US government and agency securities, repo finance, mortgage- and asset-backed securities, municipal bonds, whole loans and emerging markets debt, as well as commodities and derivatives. Jefferies offers companies capital markets, merger and acquisition, restructuring and other financial advisory services. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com).
For further information, please contact:
Tom Tarrant, Jefferies & Company, Inc., 203 708 5989, ttarrant@jefferies.com
Desiree Maghoo, Jefferies International Ltd, 44 20 7029 8085, dmaghoo@jefferies.com
Josh Passman, CJP Communications, 212 279 3115, x203, jpassman@cjpcom.com
