Jefferies has hired Frederic Giovansili, the former deputy CEO of French alternative asset manager Tikehau Capital, and relocated him from Paris to London to spearhead the bank’s private credit strategy, according to a report by eFinancial Careers.
Giovansili joined Tikehau in 2019 as deputy CEO of its French investment management arm before becoming deputy CEO of the entire firm in 2021. Prior to his move into the buy-side, he spent 19 years in banking, holding senior roles at Merrill Lynch, Citi (head of markets for France, Belgium and Luxembourg), and Nomura, where he established a credit trading desk.
Jefferies has been aggressively expanding its European footprint, hiring more than 50 managing directors from rival banks over the past five years. The firm is also known for its competitive pay structure; UK material risk-takers reportedly earned an average of $2m in 2024, outpacing peers including Goldman Sachs and JPMorgan.
