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Jefferies headquarters in New York Jefferies headquarters in New YorkSource: Bloomberg

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By Irene Garcia Perez, Katherine Doherty, Archie Hunter, and Alexandre Rajbhandari

August 2, 2026 at 1:45 PM UTC

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Investors in Jefferies Financial Group Inc.’s Point Bonita Capital started asking for all their money back last year when it emerged that the fund’s biggest exposure was to collapsing auto supplier First Brands Group.

They had just one payment to go when the fund was thrown back into the spotlight.

Read Original at Bloomberg