Lake Hill, founded in 2005, focuses on actively trading and providing liquidity in exchange-traded options and futures across broad-based equity indices such as the S&P 500 and Russell 2000. Lake Hill manages funds for foundations, endowments, institutions, ultra-high net worth family offices and other sophisticated investors. The firm manages its core alpha product, hedging strategies and customized solutions through funds and managed accounts. As of December 1, 2018 the total Lake Hill assets under management were $888 million. The firm’s position and offering are unique, given the technological barriers to entry, vast capital requirements and increased reliance on options and futures products.
In 2015, Lake Hill became a Division of Leucadia Asset Management LLC, a subsidiary of Jefferies Financial Group Inc. (NYSE ticker: JEF), which elevated its offering. JEF is a global financial services company with $12 billion of permanent capital and a nearly 40-year track record of being one of the world’s leading long-term investors.