NEW YORK--(BUSINESS WIRE)--We are pleased to announce an exclusive partnership between Jefferies LLC and BattleFin Group, Inc. Jefferies will be the exclusive investment banking partner of BattleFin’s Global Conferences spanning across the U.S., Europe, and Asia.
BattleFin has organized multiple alternative data conferences across the United States in cities including New York, Miami, Palo Alto and intends to expand globally into London on September 27th and Hong Kong on November 14th. BattleFin’s Alternative Data Discovery Days have become one of the largest and most widely attended conferences in the alternative data space, both for data vendors and asset managers alike. These events implement a one-on-one, speed dating like meeting format between pre-vetted alternative data providers and asset managers. Since BattleFin does not take commissions or ask for exclusives from alternative data providers, it attracts the largest group of alternative data vendors in the space and plans to host over 150 data vendors in New York on June 20th. Jefferies has been instrumental in creating constructive and meaningful engagement between leading asset managers and data vendors and will continue to drive these efforts globally in partnership with BattleFin.
“We are excited to partner with Jefferies and leverage their powerful distribution network and internal resources that will attract even more alternative data companies and investment managers to our BattleFin Alternative Data Discovery Days both in the U.S. and globally. Jefferies’ vision and leadership in the data space makes this an ideal partnership. This new partnership with Jefferies gives BattleFin additional depth and resources as we introduce new products that will focus on helping alternative data companies with Technology, Compliance and Distribution.” - Tim Harrington, CEO of BattleFin Group, INC
Jefferies has been making an aggressive push into the alternative data space in parallel with BattleFin in recent years, focusing on its asset management clients and partners, with a dedicated team led by Dan Furstenberg, Head of Data Strategy.
“We are excited to partner with BattleFin, the leader and pioneer in alternative data conferences. BattleFin has changed the data conference paradigm with its unique conference format and sectorized vertical focus, best suiting investment managers. This announcement merely formalizes an existing partnership with our friends and respected colleagues at BattleFin. We are looking forward to supporting and enhancing their efforts globally as they continue to grow their offering. Discovering new and dynamic alternative data sources through our BattleFin partnership is key to our long-term strategy and provides Jefferies with unique content to best service our clients and partners. This partnership along with our existing partnership with M Science, the leading data driven research and analytics company, broadens our depth and reach in the data space and cements our leadership in data overall.” - Dan Furstenberg
BattleFin’s Miami conference in January of 2018 facilitated over 1,450 one-on-one meetings between investment professionals that manage over $760 billion in AUM and data vendors from dozens of verticals. The BattleFin NYC Intrepid event June 20th is on track to host over 400 attendees with over 150 alternative data companies hosting one-on-one meetings with over 200 investment professionals attending that manage over $1 trillion of AUM.
As part of the partnership Jefferies will receive a Board seat at BattleFin. Dan Furstenberg will join BattleFin’s Board of Directors.
BattleFin is an alternative data ecosystem for the finance world. BattleFin hosts events globally to connect alternative data providers with data buyers using a One-on-One meeting format. BattleFin’s technology business is our online version of the events which help data providers verify and validate their data. Hedge funds can leverage the Data Hunter or Geronimo offerings to help generate alpha. BattleFin’s asset management business is internally incubating alternative data investment strategies. BattleFin has offices in Connecticut, New York and London starting in July.
Jefferies, the world's only independent full-service global investment banking firm focused on serving clients for over 50 years, is a leader in providing insight, expertise and execution to investors, companies and governments. Our firm provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income and foreign exchange, as well as wealth management, in the Americas, Europe and Asia. Jefferies Group LLC is a wholly-owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF).
Tags: Alternative Data, BigData, Hedge Fund, Finance