equity acquisition

.Jefferies Financial Group will purchase a 50% equity stake in Hildene Holding Company for $340 million, swapping its existing revenue‑share position and part of a private‑fund interest. Hildene, which manages over $18 billion in credit‑focused assets, will concurrently acquire a majority of SILAC Insurance for $550 million, adding a fixed‑indexed annuity platform. The deal, expected to close in Q3 2026, is designed to give Jefferies direct exposure to structured‑credit and alternative‑credit markets, boost earnings accretion, and create cross‑selling opportunities between credit strategies and insurance products. Regulatory approvals are required.