What notable achievement occurred in Jefferies Global Secondary Market in the first half of 2021?

In the first half of 2021, Jefferies Global Secondary Market achieved a record secondary transaction volume. This achievement is significant as it reflects the strength and growth of the secondary market, highlighting Jefferies' ability to facilitate and execute an increased number of transactions successfully. Such volumes often indicate a robust demand for liquidity, as investors seek to buy and sell interests in funds, suggesting market confidence and activity.

The record transaction volume can also be a result of favorable market conditions, increased investor interest, and a strong performance from Jefferies in terms of deal sourcing and execution. This demonstrates the firm's competitiveness and expertise in navigating complex transactions in a dynamic financial environment. In contrast, a decrease in capital deployment, an increase in fees, or a decline in net asset values would indicate challenges or downturns in the market rather than the record-setting achievements experienced by Jefferies during that period.