Millenium Associates has advised private equity placement firm Helix Associates on its recent acquisition by the Jefferies Group, a US inves...

Millenium Associates has advised private equity placement firm Helix Associates on its recent acquisition by the Jefferies Group, a US investment bank. “Our fourth deal announcement this year,” Ray Soudah, founder and chief executive of Millenium told WealthBriefing . “The acquisition shows the trend towards more investment appetite in alternative investments.” Helix Associates is a major private equity fund placement firm. Based in London, Helix has acted for more than $17 billion of funds. The firm also acts for hedge funds of funds and related product providers. “The acquisition of Helix significantly extends Jefferies' investment banking platform in the area of long-term private capital raising and complements our firm's strong coverage of the financial sponsor and venture capital communities,” said Richard Handler, chief executive of Jefferies, in a statement.