Investment Summary

Jane Street Group Invests In McKay Brothers

On March 6, 2018, Jane Street Group invested in communications company McKay Brothers

Investment Highlights
  • This is Jane Street Group’s 1st transaction in the Communications sector.
  • This is Jane Street Group’s 1st transaction in the United States.
  • This is Jane Street Group’s 1st transaction in California.

Investment Summary

Date 2018-03-06
Target McKay Brothers
Sector Communications
Investor(s) Jane Street Group
Deal Type Stake Purchase

Target

McKay Brothers

Oakland, California, United States
McKay Brothers LLC designs, builds and operates telecom networks and market data services for latency sensitive traders and risk managers of banks, funds and trading firms. Since upending the market for low latency connectivity between Chicago and NY in 2012, McKay has provided its lowest latency services in the US, Europe and Asia. McKay has offices in Oakland, CA, Geneva and Paris

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Investor(S) 1

Investor

Jane Street Group

New York, New York, United States

Category Company
Founded 2000
Sector Financial Services
DESCRIPTION

Jane Street is a quantitative trading firm and liquidity provider with a unique focus on technology and collaborative problem solving. The firm trades in more than 45 countries and 170 trading venues globally. Jane Street began trading in 2000 and is headquartered in New York, with additional offices in London and Hong Kong.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Stake Purchase) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1