CEO Jefferies. “Be a good person." jefferies.com

Joined September 2013
354 Photos and videos
The more I think about it, while @DanielSLoeb1 was opening up savings accounts, I was working on the liquidation of Drexel (1990) during the day and spending all night (for 3 months) photocopying the hundreds of binders listing all holders of the junk bonds Drexel sold. Since Drexel closed, I had to start over from scratch. We used the copied holders lists to make markets, provide research, and begin investment banking at @Jefferies. 35 unemployed Drexel people came w us to this small (but great) third market agency equity trading firm. Jefferies gave us virtually all of their risk capital ($35mm), an amount I found unfathomable that anyone would trust us with. I was 28. Met Dan a year later. Crazy.
I vividly remember you doing this and I also recall thinking, “what 20-something-year-old even thinks about doing this?” Definitely a harbinger of things to come.
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I vividly remember you doing this and I also recall thinking, “what 20-something-year-old even thinks about doing this?” Definitely a harbinger of things to come.
In 1989~1991, I traveled the country putting deposits in mutually held S&Ls. At the time my net worth was under $10,000. I put the better part of my life savings in passbook accounts and CDs in the expectation that they would one day go public and that I would have the capital to participate in the IPOs which usually allow for investments of $250k-500k A number of them went public during my days at Jefferies working for @HandlerRich in ‘91-‘94 allowing me to make enough (along with some generous bonuses from my employer) for my grub stake which funded the GP capital to launch Third Point on June 1, 1995. 35 years later I have maintained all the accounts and periodically participate in the offerings to this day.
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Jefferies is not promoting any shorting activity regarding any IPO.  Any suggestion to the contrary is WRONG.
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Welcome @Jefferies 406 global analyst and associate summer interns (largest ever) representing 144 colleges, universities, & business schools. The markets are wide open so let's get to it! $JEF Read the full letter here ➡️ bit.ly/49t4Yiv
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I dreamt last night that I traded $500k of a distressed bond for @DanielSLoeb1 and he caught me working for 4 points. I don’t know if I owe him $20k or if I have PTSD flashbacks from 1992.
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Turning that frown upside down during a period of complex issues. $JEF 🌤️ "It is so easy to get pulled into the abyss. We continue to be bombarded by large headlines: two major wars, $100 oil prices, AI displacing jobs and possibly opening the door to new cybersecurity issues, an upcoming U.S. midterm election, and violence as a daily reality in many parts of the world." Read the full letter here bit.ly/4251Xko
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Jefferies response to a complicated world with painful and volatile financial markets: Meet Ale Requesens - @Jefferies Associate, Paralympian, and reminder of what’s possible when courage, grit, and optimism lead the way! $JEF 💙🌍⛷️ Read the full note here ➡️ bit.ly/4v2bR3n
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Am I the only one who feels like I accomplished something by charging my Oura ring? ⭕️
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We will embrace AI in almost everything we do at @Jefferies, but our world will revolve around people. $JEF "Clearly there is endless potential in the constantly evolving and breathtaking advances of artificial intelligence. Many of us, as well as Jefferies overall, are embracing these advances with purpose and excitement, and are already seeing how this technology can make us better at what we do and in how we live. That said, there is an uncomfortable feeling many are experiencing that knowledge workers will now be replaced by technology that is smarter, faster, more accurate and indefatigable than any of us.” Read the full letter here bit.ly/4bhQUcM
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Our @Jefferies 2025 Annual Shareholder Letter hot off the press.... "With apologies to Charles Dickens, 2025 was neither the best of times, nor the worst of times, but it was, indeed, a tale of two halves. The first half was downright mediocre, as our heightened expectations for increased capital formation and strategic transactions failed to materialize due to a “complex” environment. The second half, while not yet “great,” saw the macro and regulatory environment calm, which paved the way for what we believe may have been the true beginning of a long overdue period of constructive strategic activity and new issuance in the capital markets." Read the full letter here bit.ly/4bgKLhk
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In a year of complexity and change, @Jefferies remains anchored by our core principles. $JEF #ClientsFirstAlways "Whether you are managing capital, running a company for stakeholders in an ever more complex operating environment, or striving for decades to keep building the best global full-service investment banking firm, we believe it is critical to reflect on the guiding principles and foundational goals that you believe are your true competitive long-term advantages." Read the full note here bit.ly/42WGESC
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If you ever wondered why finance matters, Doug Phillips managed the @UofR endowment for 25 years and he and his team consistently outperformed which resulted in billions of extra dollars going to our Hospital , the Rochester community, scholarships, professorships, and all the other important work that great Universities do! #meliora 🐝
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If you were in Israel this week at @Jefferies TechTrek, you got to meet the most incredible local entrepreneurs and learn from the wisdom of @BillAckman, @DanielSLoeb1, @GavinSBaker, Paul Singer and David Fialkow! 🇮🇱💙🤍
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Note to Team @Jefferies explain the markets are ready to go and so are we! $JEF "After an uncertain and somewhat frustrating fiscal first half of 2025 for all of us, the capital markets seem to have regained their footing, with activity progressively increasing starting in June. Our frustration was clearly exacerbated by the high level of optimism and great expectations that permeated our industry as we entered 2025." Read the full note here bit.ly/41vBKeJ
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These are the 6 winning @Jefferies intern letters (out of 365) who will set the cultural tone for $JEF in August. ➡️bit.ly/3IW7UJQ
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Rich Handler retweeted
Grateful to host leaders of Italy’s business community last night at Villa Taverna with @Jefferies CEO @HandlerRich. Strengthening U.S.-Italy commercial ties and supporting investment through @SelectUSA are top priorities as we work to grow trade and promote American prosperity.
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Frank Baxter hired an inexperienced and overconfident 28 year old punk in 1990 and allowed another 35 special people from post-bankruptcy Drexel to join his fine firm called @Jefferies. We lost Frank today, but I will be forever grateful for the opportunity he gave me that changed my life forever. His remarkable legacy will live on through all of us at Jefferies, his wonderful family, and all of the countless people his heart touched throughout his impactful and important life. ❤️
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Celebrating the opening of the Milken Center for Advancing the American Dream with the man who has advanced more dreams than anyone I know. Mike Milken! @AdvanceTheDream
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Making sense of what happened in the financial markets for the first half of 2025. Click to read our take. $JEF bit.ly/3ZVh7rM
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What an exciting group of 162 @Jefferies analyst and associate summer interns from 149 great schools! $JEF
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