Jefferies Group, Inc. and its subsidiaries operate as an investment bank and institutional securities company. The company’s investment banking services include financial advisory services; and debt, equity, and convertible financing services. These services include acquisition financing, bridge and senior loan financing, private placements and public offerings of debt and equity securities, debt refinancings, private equity fund placement, merger and acquisition advice, sales advice, structured financings and securitizations, consent and waiver solicitations, and company and bondholder representations in corporate restructurings. It also provides trade execution in equity, high yield, investment grade fixed income, convertible, and international securities, as well as fundamental research and asset management facilities to institutional investors. Further, Jefferies Group offers correspondent clearing, prime brokerage, and private client and securities lending services. Its customers include domestic and international investors, such as investment advisors, banks, mutual funds, insurance companies, hedge funds, and pension and profit sharing plans. The company operates in the United States, Europe, and Asia. Jefferies Group was founded in 1962 and is headquartered in New York City.