- A 28-year-old tech banker for Jefferies died this week. The cause of death is unknown, police said.
- He was discovered on Monday at a residential address, according to the Dallas Medical Examiner.
- Dallas police are investigating it as an "unexplained death," a spokesperson told BI.
Carter McIntosh, an investment banker at Jefferies Financial Group based in the firm's Dallas office, was discovered dead on Monday, prompting a police probe, Business Insider has learned.
The 28-year-old banker, who was assigned to the firm's team covering technology, media, and telecommunications companies, was found at a residential apartment building called Bell Knox District, according to records from the Dallas County Medical Examiner's office.
Medical records viewed by BI on Tuesday showed that McIntosh's body was discovered on Monday around 11 a.m. The records did not list a cause of death, and a spokesperson for Dallas' police department said it is still unknown.
"Based on the date, approximate time, and location, this incident is being investigated as an unexplained death," Michael Dennis, a public information officer for the Dallas police, told BI via email on Tuesday.
Jefferies CEO Richard Handler and President Brian Friedman addressed the death in an internal memo to staff on Tuesday.
"It is with tremendous sadness that we report we learned yesterday that Carter McIntosh, one of our talented associates in Dallas, has passed away," according to a copy of the memo obtained by BI. "Our most sincere condolences go out to his family, friends, and colleagues. We are in touch with Carter's family, who know we stand ready to support them in any way we can."
Prior to joining Jefferies, where he worked as an IB associate, McIntosh worked at other financial-services firms, according to a LinkedIn page bearing his name and work history. He had occupied the industry's most junior rank, analyst, at the firm Moelis & Co., until June 2023, according to LinkedIn. Before that, he was an equity-research analyst at Goldman Sachs in New York until the spring of 2021.
He joined Jefferies in September 2023.
McIntosh attended Seton Hall University in New Jersey, his LinkedIn account also showed, where he graduated in 2018 with a bachelor's degree in finance.
Here's the memo Handler and Friedman sent about McIntosh's death:
Subject: With Deep Sadness
It is with tremendous sadness that we report we learned yesterday that Carter McIntosh, one of our talented associates in Dallas, has passed away. Our most sincere condolences go out to his family, friends, and colleagues.
We are in touch with Carter's family, who know we stand ready to support them in any way we can. Our thoughts and prayers are with them, and we hope that Carter's memory is a blessing to them during this very sad time.
And for all of you who knew Carter or who are impacted by his untimely passing, please remember that we have resources available to support you in your time of need. We know from experience that these resources both provide solace and help you process the natural grief we all feel. To receive access to one-on-one confidential support with a mental health counselor, please reach out to our wellness partners.
Reed Alexander is a correspondent at Business Insider who can be reached via email at ralexander@businessinsider.com, or SMS/the encrypted app Signal at (561) 247-5758. Emmalyse Brownstein is a reporter who can be reached via email at ebrownstein@businessinsider.com, or SMS/Signal at (305) 857-5516.