<p>纽约 --（商业资讯）-- 杰富瑞金融集团公司（NYSE: JEF）（“杰富瑞”）今天宣布，它将收购 Hildene Holding Company, LLC 的 50% 股权，该公司是 Hildene Capital Management, LLC 及其附属公司的母公司（“Hildene”），Hildene 是一家专注于信贷的资产管理公司，管理着超过 180 亿美元的资产，为对冲基金、单独管理账户、回撤、证券化和保险解决方案产品的广泛客户提供服务。这项承诺与 Hildene 签署收购 SILAC, Inc.的最终协议同时进行，后者是 SILAC 保险公司的母公司（“SILAC”），SILAC 是一家提供固定指数年金的公司。</p>
<p>杰富瑞在 2022 年与 Hildene 建立了战略关系，因此杰富瑞已经在 Hildene 的资产管理业务中拥有收入份额。杰富瑞将交换其收入份额；其在 Hildene 管理的私募基金（“基金”）中的部分权益；以及 3.4 亿美元现金，以换取 Hildene 的 50% 股权。Hildene 的主要股东将贡献他们在 Hildene 的当前所有权以及约 2.5 亿美元的基金和相关股权利益给 Hildene，并将拥有 Hildene 剩余的 50% 股权。根据惯常的成交条件，包括获得所需的监管和客户批准，这些交易预计将在 2026 年第三季度完成。在交易完成后，Hildene 还将拥有位于开曼群岛的 Hildene Re SPC, Ltd.的多数股权，该公司是一家专注于单一保费财富积累和退休产品的寿险再保险公司。</p>
<p>杰富瑞的 3.4 亿美元现金投资将通过预计在 2026 年期间对杰富瑞在其 Leucadia 资产管理部门某些平台和策略的投资减少超过 5 亿美元来抵消并有效融资。杰富瑞预计其对 Hildene 的投资将立即增值，并成为杰富瑞净收益的持续贡献来源。杰富瑞不会合并 Hildene 或 SILAC，而是将采用权益法对其投资进行会计处理，即记录其在 Hildene 合并收益中的 50% 份额。当这笔交易完成时，杰富瑞预计将记录约 7500 万美元的税前收益，来自于杰富瑞在交易前对 Hildene 的权益的公允市场价值的增值。</p>
<p>在获得监管批准后，Hildene 将以 5.5 亿美元现金收购 SILAC 的所有普通股。截至 2025 年 9 月 30 日，SILAC 的资本和盈余约为 5.05 亿美元，约有 100 亿美元的总承认资产。在 2024 年，SILAC 发放了约 25 亿美元的年金，主要是固定指数年金。SILAC 目前的财务实力评级为 AM Best（B）、Fitch（BBB-）和 KBRA（BBB）。</p>
<p>杰富瑞首席执行官 Rich Handler 和杰富瑞总裁 Brian Friedman 表示：“我们很高兴能够与 Hildene 管理团队扩大合作关系，因为他们收购 SILAC 并拓宽 Hildene 的长期机会。信贷投资机会的发掘和管理仍然是杰富瑞长期战略的核心部分。”</p>
<p>Hildene 的创始人、总裁兼共同首席投资官 Brett Jefferson 和共同首席投资官 Dushyant Mehra 表示：“自 2008 年成立以来，我们一直致力于投资于创新的信贷产品，为我们的客户持续提供强劲的风险调整回报。我们相信，扩大与杰富瑞的合作关系并完成对 SILAC 的收购将使我们能够更好地扩展我们的平台，增强我们的发掘能力，并支持 SILAC 保单持有人的长期利益，同时满足我们客户和资本合作伙伴不断变化的需求。”</p>
<p><strong>顾问</strong></p>
<p>杰富瑞有限责任公司担任杰富瑞的独家财务顾问。</p>
<p>杰富瑞有限责任公司担任 Hildene 收购 SILAC 的独家财务顾问。</p>
<p>Sidley Austin 担任杰富瑞的法律顾问。</p>
<p>Kirkland &amp; Ellis 担任 Hildene 的法律顾问。</p>
<p><strong>关于杰富瑞金融集团公司</strong></p>
<p>杰富瑞是全球领先的全方位投资银行和资本市场公司之一。我们主要为上市公司、私营公司及其赞助商和所有者、机构投资者和政府实体提供服务。我们的服务得益于我们对客户的持续关注、差异化的洞察力以及扁平灵活的运营结构。</p>
<p><strong>关于 Hildene 资本管理</strong></p>
<p>Hildene 是一家专注于通过结构化信贷和资产支持信贷策略进行信贷投资的另类资产管理公司。Hildene 为广泛的客户管理约 180 亿美元的资产，涵盖对冲基金、回撤、单独管理账户、保险和证券化工具，专注于通过事件驱动策略最大化回报。该公司的投资过程超越了传统的市场估值过程，利用严格的分析和研究来识别可能被其他市场参与者忽视或误解的错误定价资产。Hildene 成立于 2008 年，在北卡罗来纳州达勒姆和康涅狄格州斯坦福设有办事处。有关更多信息，请访问：www.hildenecap.com。</p>
<p><strong>前瞻性声明</strong></p>
<p>本新闻稿包含根据《1933 年证券法》第 27A 条和《1934 年证券交易法》第 21E 条的安全港条款定义的 “前瞻性声明”。前瞻性声明包括关于我们未来的陈述以及非历史事实的陈述。这些前瞻性声明通常通过 “相信”、“期望”、“预期”、“可能”、“打算”、“展望”、“将”、“估计”、“预测”、“计划”、“应该” 等词语及其他类似词语和表达来识别，并且受到众多假设、风险和不确定性的影响，这些因素会随着时间的推移而变化。前瞻性声明可能包含关于收入、收益、运营、安排和其他结果的信念、目标、意图和期望，并可能包括关于未来业绩、计划和目标的陈述。前瞻性声明还包括与 Hildene 和 SILAC 未来运营相关的陈述。此外，前瞻性声明包括关于 Jefferies 对 Hildene 的投资以及 Hildene 对 SILAC 的投资潜在收益的陈述。前瞻性声明仅在作出之日有效；我们不承担任何义务，也不承诺更新任何前瞻性声明。此外，由于前瞻性声明仅代表我们对未来事件的信念，而这些事件本质上具有不确定性，因此实际结果或结果可能与这些前瞻性声明中指示的预期结果或结果存在重大差异。有关可能导致实际结果或结果与我们的前瞻性声明存在重大差异的重要因素的信息，包括 “风险因素”，包含在我们向 SEC 提交的报告中。您应当与我们向 SEC 提交的报告一起阅读和解释任何前瞻性声明。过去的业绩可能无法指示未来的结果。不同类型的投资涉及不同程度的风险。因此，不应假设任何特定投资或投资策略的未来表现将是盈利的或等同于相应的指示表现水平。</p>
<p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMDg1Mjg2NjVyMQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMDg1Mjg2NjVyMQ"/></p>
<p>在 businesswire.com 查看源版本：https://www.businesswire.com/news/home/20251208528665/en/</p>
<p><strong>媒体联系人</strong></p>
<p><strong>关于 Jefferies</strong></p>
<p>Jonathan Freedman</p>
<p>mediacontact@jefferies.com</p>
<p><strong>关于 Hildene 资本管理</strong></p>
<p>pro-Hildene@prosek.com</p>
<p>来源：Jefferies Financial Group Inc.</p>

<p>杰富瑞金融集团公司正在收购 Hildene Holding Company 的 50% 股份，扩大其战略关系。该交易涉及收入份额、基金权益的交换，以及 3.4 亿美元的现金。Hildene 将以 5.5 亿美元收购 SILAC, Inc.。该交易预计将在 2026 年第三季度完成，杰富瑞预计将获得 7500 万美元的税前收益。杰富瑞的投资将通过减少对其他平台的投资来融资。此次收购旨在增强信用投资机会，并支持 SILAC 的保单持有人</p>

<p>NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) (“Jefferies”) announced today it is acquiring a 50% interest in Hildene Holding Company, LLC, the parent of Hildene Capital Management, LLC and its affiliates (“Hildene”), a credit-focused asset manager with over $18 billion of assets under management for a broad range of clients in hedge fund, separately managed account, drawdown, securitization and insurance solutions products. This commitment is coincident with Hildene signing a definitive agreement to acquire SILAC, Inc., the parent company of SILAC Insurance Company (“SILAC”), a provider of fixed indexed annuities.</p>
<div class="lb-trans"><p>纽约 --（商业资讯）-- 杰富瑞金融集团公司（NYSE: JEF）（“杰富瑞”）今天宣布，它将收购 Hildene Holding Company, LLC 的 50% 股权，该公司是 Hildene Capital Management, LLC 及其附属公司的母公司（“Hildene”），Hildene 是一家专注于信贷的资产管理公司，管理着超过 180 亿美元的资产，为对冲基金、单独管理账户、回撤、证券化和保险解决方案产品的广泛客户提供服务。这项承诺与 Hildene 签署收购 SILAC, Inc.的最终协议同时进行，后者是 SILAC 保险公司的母公司（“SILAC”），SILAC 是一家提供固定指数年金的公司。</p>
</div><p>Jefferies entered into a strategic relationship with Hildene in 2022, as a result of which Jefferies already owns a revenue share in Hildene’s asset-management business. Jefferies will exchange its revenue share; a portion of its interest in a Hildene-managed private fund (the “Fund”); and $340 million in cash for a 50% interest in Hildene. Hildene’s principals will contribute their current ownership in Hildene plus approximately $250 million of Fund and related equity interests to Hildene, and will own the remaining 50% of Hildene. Subject to customary closing conditions, including receipt of required regulatory and client approvals, these transactions are expected to close in the third quarter of 2026. Following the closing of the transaction, Hildene will also own a majority interest in Hildene Re SPC, Ltd., a Cayman Islands-based life and annuity reinsurer with a current focus on single premium wealth accumulation and retirement products.</p>
<div class="lb-trans"><p>杰富瑞在 2022 年与 Hildene 建立了战略关系，因此杰富瑞已经在 Hildene 的资产管理业务中拥有收入份额。杰富瑞将交换其收入份额；其在 Hildene 管理的私募基金（“基金”）中的部分权益；以及 3.4 亿美元现金，以换取 Hildene 的 50% 股权。Hildene 的主要股东将贡献他们在 Hildene 的当前所有权以及约 2.5 亿美元的基金和相关股权利益给 Hildene，并将拥有 Hildene 剩余的 50% 股权。根据惯常的成交条件，包括获得所需的监管和客户批准，这些交易预计将在 2026 年第三季度完成。在交易完成后，Hildene 还将拥有位于开曼群岛的 Hildene Re SPC, Ltd.的多数股权，该公司是一家专注于单一保费财富积累和退休产品的寿险再保险公司。</p>
</div><p>Jefferies’ $340 million cash investment will be offset and effectively funded by an anticipated over $500 million reduction in the course of 2026 in Jefferies’ investment in certain platforms and strategies in its Leucadia Asset Management division. Jefferies expects its investment in Hildene will be immediately accretive and a consistent source of contribution to Jefferies’ net earnings. Jefferies will not consolidate Hildene or SILAC and will account for its investment using the equity method, whereby it will record its 50% share of Hildene’s consolidated earnings. When this transaction closes, Jefferies expects to record an approximately $75 million pretax gain from the markup to fair market value of Jefferies’ pre-transaction interest in Hildene.</p>
<div class="lb-trans"><p>杰富瑞的 3.4 亿美元现金投资将通过预计在 2026 年期间对杰富瑞在其 Leucadia 资产管理部门某些平台和策略的投资减少超过 5 亿美元来抵消并有效融资。杰富瑞预计其对 Hildene 的投资将立即增值，并成为杰富瑞净收益的持续贡献来源。杰富瑞不会合并 Hildene 或 SILAC，而是将采用权益法对其投资进行会计处理，即记录其在 Hildene 合并收益中的 50% 份额。当这笔交易完成时，杰富瑞预计将记录约 7500 万美元的税前收益，来自于杰富瑞在交易前对 Hildene 的权益的公允市场价值的增值。</p>
</div><p>Upon receiving regulatory approval, Hildene will acquire the outstanding common equity of SILAC for $550 million in cash. As of September 30, 2025, SILAC had capital and surplus of approximately $505 million and approximately $10 billion of total admitted assets. In 2024, SILAC originated approximately $2.5 billion of annuities, primarily fixed indexed annuities. SILAC currently has financial strength ratings from AM Best (B), Fitch (BBB-) and KBRA (BBB).</p>
<div class="lb-trans"><p>在获得监管批准后，Hildene 将以 5.5 亿美元现金收购 SILAC 的所有普通股。截至 2025 年 9 月 30 日，SILAC 的资本和盈余约为 5.05 亿美元，约有 100 亿美元的总承认资产。在 2024 年，SILAC 发放了约 25 亿美元的年金，主要是固定指数年金。SILAC 目前的财务实力评级为 AM Best（B）、Fitch（BBB-）和 KBRA（BBB）。</p>
</div><p>Rich Handler, CEO of Jefferies, and Brian Friedman, President of Jefferies, stated: “We are pleased to expand our partnership with the Hildene management team as they acquire SILAC and broaden Hildene's long-term opportunity. Origination and management of credit investment opportunities remain a central part of Jefferies’ long-term strategy.”</p>
<div class="lb-trans"><p>杰富瑞首席执行官 Rich Handler 和杰富瑞总裁 Brian Friedman 表示：“我们很高兴能够与 Hildene 管理团队扩大合作关系，因为他们收购 SILAC 并拓宽 Hildene 的长期机会。信贷投资机会的发掘和管理仍然是杰富瑞长期战略的核心部分。”</p>
</div><p>“Since our launch in 2008, we have sought to invest in innovative credit products that consistently deliver strong risk-adjusted returns for our clients,” said Brett Jefferson, Founder, President and Co-Chief Investment Officer of Hildene, and Dushyant Mehra, Co-Chief Investment Officer of Hildene. “We believe that expanding our partnership with Jefferies and completing the acquisition of SILAC will best position us to scale our platform, broaden our origination capabilities and support the long-term interests of SILAC’s policyholders while meeting the evolving needs of our clients and capital partners.”</p>
<div class="lb-trans"><p>Hildene 的创始人、总裁兼共同首席投资官 Brett Jefferson 和共同首席投资官 Dushyant Mehra 表示：“自 2008 年成立以来，我们一直致力于投资于创新的信贷产品，为我们的客户持续提供强劲的风险调整回报。我们相信，扩大与杰富瑞的合作关系并完成对 SILAC 的收购将使我们能够更好地扩展我们的平台，增强我们的发掘能力，并支持 SILAC 保单持有人的长期利益，同时满足我们客户和资本合作伙伴不断变化的需求。”</p>
</div><p><strong>Advisors</strong></p>
<div class="lb-trans"><p><strong>顾问</strong></p>
</div><p>Jefferies LLC served as exclusive financial advisor to Jefferies.</p>
<div class="lb-trans"><p>杰富瑞有限责任公司担任杰富瑞的独家财务顾问。</p>
</div><p>Jefferies LLC served as exclusive financial advisor to Hildene in its acquisition of SILAC.</p>
<div class="lb-trans"><p>杰富瑞有限责任公司担任 Hildene 收购 SILAC 的独家财务顾问。</p>
</div><p>Sidley Austin served as legal advisor to Jefferies.</p>
<div class="lb-trans"><p>Sidley Austin 担任杰富瑞的法律顾问。</p>
</div><p>Kirkland &amp; Ellis served as legal advisor to Hildene.</p>
<div class="lb-trans"><p>Kirkland &amp; Ellis 担任 Hildene 的法律顾问。</p>
</div><p><strong>About Jefferies Financial Group Inc.</strong></p>
<div class="lb-trans"><p><strong>关于杰富瑞金融集团公司</strong></p>
</div><p>Jefferies is one of the world’s leading full-service investment banking and capital markets firms. We primarily serve public companies, private companies, and their sponsors and owners, institutional investors, and government entities. Our services are enhanced by our relentless client focus, our differentiated insights and a flat and nimble operating structure.</p>
<div class="lb-trans"><p>杰富瑞是全球领先的全方位投资银行和资本市场公司之一。我们主要为上市公司、私营公司及其赞助商和所有者、机构投资者和政府实体提供服务。我们的服务得益于我们对客户的持续关注、差异化的洞察力以及扁平灵活的运营结构。</p>
</div><p><strong>About Hildene Capital Management</strong></p>
<div class="lb-trans"><p><strong>关于 Hildene 资本管理</strong></p>
</div><p>Hildene is an alternative asset manager focused on credit investing through structured credit and asset-based credit strategies. Hildene manages approximately $18+ billion for a broad range of clients across hedge fund, drawdown, SMA, insurance and securitization vehicles, with a focus on maximizing returns through event-driven strategies. The firm’s investment process extends above and beyond traditional market valuation processes and utilizes rigorous analysis and research to identify mispriced assets which may be overlooked or misunderstood by other market participants. Hildene was founded in 2008 and has offices in Durham, North Carolina and Stamford, Connecticut. For additional information, please visit: www.hildenecap.com.</p>
<div class="lb-trans"><p>Hildene 是一家专注于通过结构化信贷和资产支持信贷策略进行信贷投资的另类资产管理公司。Hildene 为广泛的客户管理约 180 亿美元的资产，涵盖对冲基金、回撤、单独管理账户、保险和证券化工具，专注于通过事件驱动策略最大化回报。该公司的投资过程超越了传统的市场估值过程，利用严格的分析和研究来识别可能被其他市场参与者忽视或误解的错误定价资产。Hildene 成立于 2008 年，在北卡罗来纳州达勒姆和康涅狄格州斯坦福设有办事处。有关更多信息，请访问：www.hildenecap.com。</p>
</div><p><strong>Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性声明</strong></p>
</div><p>This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements about our future and statements that are not historical facts. These forward‐looking statements are typically identified by such words as “believe,” “expect,” “anticipate,” “may,” “intend,” “outlook,” “will,” “estimate,” “forecast,” “project,” “should,” and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which will change over time. Forward-looking statements may contain beliefs, goals, intentions and expectations regarding revenues, earnings, operations, arrangements and other results, and may include statements of future performance, plans, and objectives. Forward-looking statements also include statements pertaining to Hildene’s and SILAC’s future operations. In addition, forward-looking statements include statements about the potential benefits of the investment in Hildene by Jefferies and Hildene’s investment in SILAC. Forward‐looking statements speak only as of the date they are made; we do not assume any duty, and do not undertake, to update any forward‐looking statements. Furthermore, because forward‐looking statements represent only our belief regarding future events, many of which by their nature are inherently uncertain, the actual results or outcomes may differ, possibly materially, from the anticipated results or outcomes indicated in these forward-looking statements. Information regarding important factors, including “Risk Factors” that could cause actual results or outcomes to differ, perhaps materially, from those in our forward-looking statements is contained in reports we file with the SEC. You should read and interpret any forward-looking statement together with reports we file with the SEC. Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy will be profitable or equal the corresponding indicated performance level(s).</p>
<div class="lb-trans"><p>本新闻稿包含根据《1933 年证券法》第 27A 条和《1934 年证券交易法》第 21E 条的安全港条款定义的 “前瞻性声明”。前瞻性声明包括关于我们未来的陈述以及非历史事实的陈述。这些前瞻性声明通常通过 “相信”、“期望”、“预期”、“可能”、“打算”、“展望”、“将”、“估计”、“预测”、“计划”、“应该” 等词语及其他类似词语和表达来识别，并且受到众多假设、风险和不确定性的影响，这些因素会随着时间的推移而变化。前瞻性声明可能包含关于收入、收益、运营、安排和其他结果的信念、目标、意图和期望，并可能包括关于未来业绩、计划和目标的陈述。前瞻性声明还包括与 Hildene 和 SILAC 未来运营相关的陈述。此外，前瞻性声明包括关于 Jefferies 对 Hildene 的投资以及 Hildene 对 SILAC 的投资潜在收益的陈述。前瞻性声明仅在作出之日有效；我们不承担任何义务，也不承诺更新任何前瞻性声明。此外，由于前瞻性声明仅代表我们对未来事件的信念，而这些事件本质上具有不确定性，因此实际结果或结果可能与这些前瞻性声明中指示的预期结果或结果存在重大差异。有关可能导致实际结果或结果与我们的前瞻性声明存在重大差异的重要因素的信息，包括 “风险因素”，包含在我们向 SEC 提交的报告中。您应当与我们向 SEC 提交的报告一起阅读和解释任何前瞻性声明。过去的业绩可能无法指示未来的结果。不同类型的投资涉及不同程度的风险。因此，不应假设任何特定投资或投资策略的未来表现将是盈利的或等同于相应的指示表现水平。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNTEyMDg1Mjg2NjVyMQ" alt="" original-src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20251208528665r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en"/></p>
<p>View source version on businesswire.com: https://www.businesswire.com/news/home/20251208528665/en/</p>
<div class="lb-trans"><p>在 businesswire.com 查看源版本：https://www.businesswire.com/news/home/20251208528665/en/</p>
</div><p><strong>Media Contacts</strong></p>
<div class="lb-trans"><p><strong>媒体联系人</strong></p>
</div><p><strong>For Jefferies</strong></p>
<div class="lb-trans"><p><strong>关于 Jefferies</strong></p>
</div><p>Jonathan Freedman</p>
<div class="lb-trans"><p>Jonathan Freedman</p>
</div><p>mediacontact@jefferies.com</p>
<div class="lb-trans"><p>mediacontact@jefferies.com</p>
</div><p><strong>For Hildene Capital Management</strong></p>
<div class="lb-trans"><p><strong>关于 Hildene 资本管理</strong></p>
</div><p>pro-Hildene@prosek.com</p>
<div class="lb-trans"><p>pro-Hildene@prosek.com</p>
</div><p>Source: Jefferies Financial Group Inc.</p>
<div class="lb-trans"><p>来源：Jefferies Financial Group Inc.</p>
</div>

Jefferies 将收购 Hildene Holding Company 50% 的股权，扩大战略合作关系，该合作始于 2022 年 | Jefferies Financial 股票新闻