2011 Milken Institute Summit
President, Jefferies Bache Ltd.
Marc Bailey is president and chairman of Jefferies Bache Ltd., responsible for all aspects of Jefferies' London commodity derivatives platform. The business services commercial hedgers and multi-asset alternative investors across both OTC and exchange-listed products. Bailey is also non-executive chairman of several commodity and alternative investment funds both in Europe and Cayman. Before joining Bache Commodities in 2006 (prior to its sale), Bailey spent 18 months as chief operating officer of Cargill Investor Services, focusing on commercial and institutional clients. In 2001 he was appointed an executive director of the London Stock Exchange, responsible for a team of 170 people focusing on the commercial development of LSE's products. Previously he was deputy head of the J.P. Morgan European derivatives business; a vice president and head Scandinavian fixed income for J.P. Morgan; executive director of CIBC; board member of the London International Financial Futures and Options Exchange; and managing director of his own trading company.