Weiss Multi-Strategy Advisers Announces Strategic Relationship With Leucadia Asset Management

NEW YORK, May 03, 2018 -- Weiss Multi-Strategy Advisers LLC (“Weiss”), an asset management firm with 40 years of trusted performance and dedicated client service, today announced a strategic relationship with Leucadia Asset Management, the asset management arm of Leucadia National Corporation (“Leucadia”), a diversified financial services company. As part of this new alliance, Leucadia, which conducts its investment banking and capital markets business through Jefferies, has agreed to make an investment into Weiss’ multi-strategy hedge fund business.

The combination of Weiss' long history of strong performance, brand recognition and innovative culture, along with Leucadia's and Jefferies’ well-recognized and respected financial services presence, provides both firms with the capabilities to achieve superior results and growth from this strategic relationship.

“We are thrilled to partner with Leucadia to help execute our vision for Weiss’ future. Leucadia’s investment further strengthens our expansion plans as we begin writing the next chapter of the firm,” said Jordi Visser, President and Chief Investment Officer at Weiss.

“As we celebrate our 40^th anniversary, I feel the firm has the enthusiasm of a startup. Leucadia is the perfect partner to bring us into the next generation of asset management,” said George Weiss, Chief Executive Officer and Chairman at Weiss. “I’m very optimistic about the future of our firm and the direction in which we’re headed.”

“We are pleased to partner with Weiss as it continues to build on its long history of success,” said Rich Handler, CEO, and Brian Friedman, President at Leucadia. “We look forward to working together with George, Jordi and the entire Weiss team, and are excited about the future prospects of our firms.”

About Weiss Multi-Strategy Advisers LLC 

Founded in 1978, Weiss is a next generation boutique investment management firm. Over the years, Weiss has developed a reputation for its innovative investment solutions, thought leadership and commitment to philanthropy.

Weiss places a premium on people, which includes investors, employees and the firm’s surrounding community. The firm uses a forward-looking investment process with disciplined risk management to deliver consistent risk-adjusted returns over multiple market cycles. Its multi-manager and sector specialist approach brings diversity in perspective and experience, while its robust operational infrastructure allows the firm to offer its clients investment structures beyond the traditional private fund.  

For more information, please visit www.gweiss.com.

About Leucadia National Corporation

Leucadia is a diversified financial services company engaged in investment banking and capital markets, asset management and merchant banking.  Leucadia's investment banking and capital markets business is conducted through Jefferies.

Contact:

Paul Merchan
(212) 931-6172
[email protected]