Jefferies Group, Inc. has announced that the firm’s UK-based Helix Associates, a private equity fund placement agent, has expanded its capabilities in the US with the hiring of Philip Kemp as a managing director.
“In joining forces with Jefferies earlier this year, Helix has entered into a new phase of growth as we seek to leverage Jefferies’ strength in the middle market and knowledge and relationships in the US private equity community,” commented Lord Charles Cecil, managing director and co-founder of Helix Associates.
“Given the significance of the North American market in the private equity world, Helix has commenced building a presence in Jefferies’ New York headquarters office to work alongside Helix’s London headquarters in focusing on the global private equity industry-particularly the middle market buy-out sector-and producing the well-known Helix quality, in-depth due diligence and research,” added Mark Hallock, a managing director of Helix Associates, who will head the development of the US business for Helix and will relocate to the US in 2006.
Kemp was formerly director of Investor Relations based in New York for the European buy-out firm of Doughty Hanson & Co Limited. Most recently, he was responsible for Investor Relations at the New York-based private equity firm, Ripplewood Holdings LLC. At Helix, Kemp will work closely with North American-based general partners and investors in the placing of Helix’s products. He will focus on developing Helix’s US activities from Jefferies’ headquarters at 520 Madison Avenue in New York City.