JonesTrading's Innovative Step into Private Markets
JonesTrading Institutional Services LLC, a notable entity in the investment banking sector, has recently revealed the launch of its improved Private Markets platform. This strategic advancement aims to transpose the core principles and competencies that have characterized the company’s long-standing operations in public markets into the realm of private transactions.
Transitioning to Private Markets
Over five decades, JonesTrading has cultivated an impressive institutional network, interacting weekly with around 1,500 clients, including hedge funds, mutual funds, pension funds, ultra-high-net-worth individuals, and family offices. Supported by a robust team of more than 70 hybrid research and sales traders, the firm is extending its successful trading principles—such as reliability, speed, scalability, trust, and enduring relationships—into the private market environment. The introduction of this platform is seen as a natural evolution for JonesTrading, aligning with its established reputation for excellence in public markets.
Jon Jefferies has been appointed as the Managing Director of Private Markets, and he will spearhead the initiative to further develop and expand this segment of the business. Jefferies stated,
“Our expansion into private markets is a natural evolution of the core competencies that have driven JonesTrading's success for decades. We aim to deliver reliable, differentiated, and discreet solutions at scale.” His leadership is expected to significantly influence the firm’s presence in this increasingly fragmented landscape of private markets.
Unmatched Institutional Distribution
JonesTrading believes that its extensive institutional distribution positions it strategically to be a significant liquidity provider in private markets. By implementing the same disciplined processes and strategic approaches that underpin their public market success, the firm plans to enhance the execution of private transactions considerably. This move underscores their commitment to leveraging established institutional connections and technology to build a trusted and accessible platform for private investments.
Leadership Confidence
Alan Hill, CEO of JonesTrading, expressed strong confidence in Jefferies’ ability to lead this initiative, stating,
“Jonathan Jefferies is a highly respected member of our team, and we have the utmost confidence in his ability to lead this initiative.” Jefferies’ reputation in the industry and his extensive experience make him a fitting choice to develop and strengthen the firm’s presence in private markets.
About JonesTrading
Founded in 1975, JonesTrading has established itself as a premier full-service investment banking firm, providing a broad array of services, including capital markets, mergers and acquisitions (M&A), and strategic advisory tailored to corporate clients. The firm is recognized as a global leader in block trading and a key liquidity provider to institutional investors. In addition to private markets trading, their offerings encompass derivatives trading, outsourced trading, electronic trading, and market research. JonesTrading is a proud member of FINRA and SIPC.
To stay informed or learn more about their services, visit
www.jonestrading.com. This strategic move into private markets signifies not only an expansion of their offerings but also reflects their commitment to evolving with the needs of the market and their clients.