Jefferies Hires Senior Clean Technology Equity Research Analyst

LONDON & NEW YORK--(BUSINESS WIRE)--Jefferies announced today the hiring of Gerard Reid as a Managing Director and Senior Equity Research Analyst in London to cover Clean Technology. With the addition of Mr. Reid, Jefferies' global Clean Technology Equity Research Group consists of 11 professionals, including New York-based Senior Equity Research Analysts Jesse Pichel, focused on solar power, wind, geothermal, LEDs and smart grid companies, and Laurence Alexander, focused on industrial biotech, biofuels and water companies, with coverage spanning North America, Europe and Asia.

“His broad experience, excellent reputation and extensive network across the solar industry and broader Clean Technology sector will bring immediate value to Jefferies’ clients.”

Steven R. Black, Global Head of Equity Research at Jefferies, commented, “Jefferies has one of the leading global CleanTech practices, and the addition of Gerard Reid will ensure that our firm remains at the forefront of providing relevant research to our clients. We believe our globally-integrated research team differentiates Jefferies in offering important insights on this dynamic sector.”

“We are pleased to welcome Gerard to Jefferies,” added Richard Taylor, Head of International Equity Research at Jefferies. “His broad experience, excellent reputation and extensive network across the solar industry and broader Clean Technology sector will bring immediate value to Jefferies’ clients.”

Jefferies’ global coverage of the Clean Technology sector includes the solar, smart grid, LED, geothermal, energy storage, fuel cell, biofuels and biomaterials, transportation, water and wind industries.

The firm’s research analysts consistently rank among the top industry professionals and have captured a total of 27 analyst awards so far in 2010, including awards in The Wall Street Journal "Best on the Street" 2010 Analyst Survey, The Financial Times / StarMine annual analyst awards survey for the United States and Europe, and the 2010 Forbes / Zacks Best Brokerage Analyst survey. Jefferies and its affiliates have more than 180 equity and leveraged finance research professionals in the US and Europe covering over 1,300 companies in the areas of aerospace & defense, clean technology, consumer, energy, financial services, gaming, leisure & lodging, healthcare, industrials, maritime, media & entertainment, real estate, technology, telecommunications and utilities.

Mr. Reid was most recently European Head of Ardour Capital Investments International. Prior roles include Managing Director at Oikovest advising clients in the alternative energy sector and Head of Research and Senior Partner at First Berlin F.S.B. Mr. Reid received an M.A. degree and a Diploma in Education from Trinity College Dublin.

The Jefferies 10th Global Clean Technology Conference will take place in London on 16 and 17 November 2010. For further information please visit www.jefferies.com/2010cleantechlondon.

Jefferies, a global securities and investment banking firm, has served companies and their investors for more than 48 years. Jefferies & Company, Inc. is the principal US operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com), and Jefferies International Limited is the principal UK operating subsidiary. Jefferies International Limited, a UK-incorporated company, is authorised and regulated by the UK Financial Services Authority.