Marex has expanded aggressively since being taken private in 2010 by JRJ Ventures, the private equity group founded by former Lehman executives Roger Nagioff and Jeremy Isaacs. The past year saw Marex Spectron also solidify its position across global commodities markets, including seeing its volumes maintain the top spot on the London Metal Exchange (LME), as well as on the LME Select electronic platform.
Jeremy Isaacs started as a blue-button at Smith New Court (later acquired by Merrill Lynch in 1995), working on the London Stock Exchange as a trainee trader at one of the biggest stock jobbers. He was in at the start of equity options in the early 1980s.
Some of the investing and property worlds’ best-known sharpshooters have come together to raise $500 million by listing a new vehicle on the London Stock Exchange, independent directors include Jeremy Isaacs, a founding partner of JRJ, a private equity group.
An investment firm founded by three former top executives at Lehman Brothers may sell the City derivatives broker and spread betting firm ETX Capital. JRJ Group, led by Jeremy Isaacs, the former boss of Lehman in London, has been holding talks with other spread betting firms about selling ETX, whose clients trade currencies and contracts for difference. Royal Bank of Canada has been advising JRJ on strategic options and the sale.
Marex was bought in 2010 by JRJ Group, a private equity firm founded by Jeremy Isaacs.