JMP Group Inc. Appoints H. Mark Lunenburg to Board of Directors
04 März 2009 - 8:34PM
Business Wire
JMP Group Inc. (NYSE:JMP), an investment banking and alternative
asset management firm, announced today that its board of directors
has elected H. Mark Lunenburg as a new independent director. Mr.
Lunenburg�s initial term as a director will end in June of this
year, when he will stand for election to a full one-year term at
the company�s annual meeting of shareholders. Mr. Lunenburg�s
election increases the company�s total number of board members to
ten and brings the number of independent directors to six.
Mr. Lunenburg is president and managing member of Talon Capital,
an institutional money management firm founded in 2002 that focuses
on absolute return strategies. Mr. Lunenburg previously managed
funds for Ballentine Capital Management for more than a decade. In
1987, he joined the Bass Brothers� investment operations,
concentrating on stock research and high-yield credit analysis,
before which he held various investment research positions at
Kemper Financial Services, where he was recognized in Institutional
Investor magazine�s annual �Best of the Buy Side� analyst survey.
Mr. Lunenburg is a Chartered Financial Analyst. He is currently
vice chairman of the board of Connecticut Children�s Medical Center
and is an honorary governor of the Hill-Stead Museum in Farmington,
Connecticut.
�We are happy to welcome Mark as a member of our board,� said
Joseph A. Jolson, JMP Group�s chairman and chief executive officer.
�I have known Mark professionally for more than 20 years, and his
talent and perspective will be especially valuable to JMP as we
chart a course for growth in these difficult times. In particular,
we will benefit from Mark�s experience in the alternative
investment arena, as JMP�s asset management activities are becoming
increasingly central to our firm�s business and profitability.�
About JMP Group
JMP Group Inc. is a full-service investment banking and asset
management firm that provides investment banking, sales and
trading, and equity research services to corporate and
institutional clients and alternative asset management products to
institutional and high-net-worth investors. JMP Group operates
through two subsidiaries, JMP Securities and Harvest Capital
Strategies. For more information, visit www.jmpg.com.
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