Jefferies Financial Group acquires 50% of credit manager Hildene Capital Management and supports its expansion into annuities with Hildene's $550M purchase of SILAC Insurance. The deal highlights strategic moves in asset and insurance investment space.

Jefferies Financial Group acquires a 50% stake in Hildene Capital Management for $340 million as Hildene completes $550M acquisition of SILAC Insurance Company, expanding presence in credit and annuity markets.