Leucadia Asset Management Expands Asian Footprint Through Dymon Asia Capital Partnership

Leucadia Asset Management, a division of Jefferies Financial Group Inc. (NYSE: JEF), has formalized a significant partnership with Dymon Asia Capital, marking a strategic move to strengthen its presence across Asian investment markets. The collaboration includes a substantial investment in the newly established Dymon Asia Multi-Strategy Investment Fund, alongside an acquisition of economic interests in select strategies managed by the Singapore-based firm.

Complementary Strengths Drive the Collaboration

The partnership brings together two complementary powerhouses: Dymon Asia Capital’s deep expertise in Asian markets with Leucadia Asset Management’s established distribution network spanning North America and Europe. This combination creates a platform uniquely positioned to serve institutional investors seeking exposure to Asian equities, currencies, and fixed income instruments through a curated selection of 26 experienced portfolio managers.

As cornerstone investor, Leucadia Asset Management will contribute more than capital—the firm will provide operational and service support to Dymon Asia Capital, facilitating the fund’s infrastructure and capabilities. The new fund’s roster will expand to nearly 30 portfolio managers upon launch, with particular emphasis on recruitment within macro and equity trading disciplines.

Leadership Vision Behind the Move

Danny Yong, Chief Investment Officer and founding partner of Dymon Asia Capital, brings two decades of trading expertise across FX, fixed income, and index futures markets. Yong characterized the partnership as “a perfect match” that leverages Dymon Asia Capital’s regional strength alongside Leucadia Asset Management’s global distribution reach.

Co-Presidents Nick Daraviras and Sol Kumin of Leucadia Asset Management emphasized that this relationship enables the firm to enter a new geography with a trusted, high-caliber partner. “Dymon Asia Capital will be integral to our continued growth and evolution,” they noted, highlighting how the partnership complements existing multi-strategy relationships with managers including Schonfeld, Weiss, and Topwater.

About the Firms

Founded in 2008, Dymon Asia Capital operates as a leading alternative investment manager headquartered in Singapore with a core office in Hong Kong, managing both public and private market strategies across Asia and globally.

Leucadia Asset Management, part of Jefferies Financial Group Inc., offers institutional clients a diversified range of investment strategies through affiliated asset managers. Jefferies Financial Group operates as a comprehensive financial services company providing investment banking, capital markets services, asset management, and direct investing capabilities, with Jefferies Group LLC serving as its principal subsidiary—the largest independent, global, full-service investment banking firm based in the United States.