Jefferies Said to Hire Goldman's Femenia for Distressed Debt
- Joe Femenia, an ex-Navy SEAL, is a Goldman managing director
- Drew Doscher, who led distressed debt, left Jefferies in 2015
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Jefferies Group, the investment bank owned by Leucadia National Corp., hired Goldman Sachs Group Inc.’s Joe Femenia to run distressed-debt trading, people familiar with the move said.
Femenia, 39, a graduate of the U.S. Naval Academy and former Navy SEAL, will take on many of the duties of former distressed-debt head Drew Doscher, who left Jefferies in December, according to the people, who asked not to be identified discussing personnel. Femenia, head of U.S. leveraged-loan trading at Goldman Sachs, was named a managing director in 2013. He declined to comment when reached by phone, as did Tiffany Galvin, a Goldman Sachs spokeswoman.