Reuters – Markman Peters, who joined Jefferies & Co in 2009 to run and expand its wealth management business, is leaving to join a distressed debt hedge fund, according to two persons familiar with his plan.
Peters, a managing director who is known as Mark, announced his intentions to Jefferies’ approximately 50 brokers Tuesday. He will be joining Whippoorwill Associates, a White Plains hedge fund founded by Shelley Greenhaus in 1990, to raise money for its funds, the sources said.