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10-K primary document
JEF · Annual Report (Form 10-K) · Filed January 28, 2026

Jefferies Financial Group Inc10-K exhibit

exhibit2111302025.htm
Document


Jefferies Financial Group Inc.Exhibit 21
Subsidiaries as of November 30, 2025
State/Country
Nameof Incorporation
Aircadia Leasing II LLCDelaware
Baldwin Enterprise, LLCColorado
BEI Italia Wireless LLCDelaware
HomeFed LLCDelaware
Jefferies (Australia) Pty LtdAustralia
Jefferies (Japan) Limited Tokyo Japan
Jefferies Asia Holding Pte. Ltd.Singapore
Jefferies Capital Services, LLCDelaware
Jefferies Financial Services, Inc Delaware
Jefferies Funding LLCDelaware
Jefferies GmbHGermany
Jefferies Hong Kong Holdings LimitedHong Kong
Jefferies Hong Kong LimitedHong Kong
Jefferies India Private LimitedIndia
Jefferies International Finance CorporationDelaware
Jefferies International Limited England and Wales
Jefferies Investment Advisers LLCDelaware
Jefferies Leveraged Credit Products, LLCDelaware
Jefferies LLC Delaware
Jefferies Research Services LLCDelaware
Jefferies Singapore LimitedSingapore
Jefferies Strategic Investments, LLCDelaware
Jefferies Structured Credit LLCDelaware
Jefferies US Holdings LLCDelaware
JTOP Investments LLCDelaware
Leucadia Asset Management Holdings LLCDelaware
Leucadia Asset Management LLCDelaware
Leucadia LLCDelaware
LUK-FX Holdings, LLCDelaware
LUK Servicing, LLCDelaware
LVC AM, LLCDelaware
M Science Holdings LLCDelaware
M Science LLCDelaware
Shellnet S.P.AItaly
SR Warehouse LLCDelaware
Stratos Global LLC Saint Vincent and the Grenadines
Stratos Global Services, LLC Delaware
Stratos Group International LLCDelaware
Stratos Support EADBulgaria
TESSELIS S.p.A.Italy
Phlcorp Holding LLCPennsylvania
HomeFed Village 8, LLCDelaware
Jefferies Japan Company LimitedJapan
JILC LimitedUnited Kingdom
JUPGDelaware
Jefferies AM Inc.Delaware
Aviation Leasing Company, LLCUtah
Baxter Investment Company, LLCUtah
Leucadia Aviation, Inc.Delaware
Station Place Securitization Trust, Series 2024-CL1Delaware
Station Place Securitization Trust, Series 2024-13Delaware
Versitio International S.A. 2025-01Luxembourg
HomeFed Village 8E, LLCDelaware
Subsidiaries not included on this list, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary as of November 30, 2025.

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