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JonesTrading Institutional Services LLC has launched an enhanced private markets platform, extending its agency trading principles into private market transactions. The firm has appointed Jon Jefferies as Managing Director of Private Markets, tasked with leading and scaling the business.
The firm has built an institutional network over more than 50 years, engaging weekly with over 1,500 hedge fund, mutual fund, pension, ultra-high-net-worth and family office clients, supported by over 70 hybrid research and sales traders. JonesTrading is applying its public markets approach of dependability, speed, scale, trust and long-standing relationships to private markets execution.
The firm is leveraging its institutional distribution to provide liquidity in the private markets landscape.
Jon Jefferies, Managing Director of Private Markets, JonesTrading
Jon Jefferies, Managing Director of Private Markets, JonesTrading said:
“Our expansion into private markets is a natural evolution of the core competencies that have driven JonesTrading's success for decades. By applying the same disciplined processes, strategic approach, and robust institutional distribution that underpin our public markets business, we aim to deliver reliable, differentiated, and discreet solutions at scale,”.
"Jonathan Jefferies is a highly respected member of our team, and we have the utmost confidence in his ability to lead this initiative. His experience, reputation and leadership make him exceptionally well suited to build this business and represent JonesTrading," said Alan Hill, Chief Executive Officer, JonesTrading.
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