JMP Group Announces Addition of David Turkaly as Equity Research Analyst
05 September 2012 - 10:15PM
Business Wire
JMP Group Inc. (NYSE: JMP), an investment banking and
alternative asset management firm, announced today that David L.
Turkaly has joined JMP Securities, JMP Group’s broker-dealer
subsidiary, as a managing director in its equity research
department. Mr. Turkaly will follow the medical devices industry,
with a particular focus on providers of orthopedic, neurological
and spinal technologies as well as hospital supply companies. He is
based in the firm’s New York office.
“We are pleased to announce the arrival of a very seasoned and
respected research analyst in Dave Turkaly,” said Mark Lehmann,
president of JMP Securities. “Medical technology is an area of
constant change; and, with Dave’s addition, JMP has deepened its
commitment to the space and ensured that the firm remains well
positioned to offer guidance to both institutional investors and
corporate clients involved in the medical devices industry. Dave
will work independently from Jose Haresco, who continues to
concentrate on cardiology, aesthetics and surgical technologies;
though, together, the two analysts will provide differentiated
perspectives on an increasingly large and complex field.”
Prior to joining JMP Securities, Mr. Turkaly served as a senior
research analyst at Susquehanna International Group, where he
covered the medical devices industry for six years. He was
previously a managing director covering medical devices at WR
Hambrecht + Co. and a director primarily following the orthopedics,
neurology and spine sectors at CIBC World Markets Corp. Earlier in
his career, Mr. Turkaly worked in healthcare equity research at ING
Barings and in healthcare investment banking at Smith Barney. He
holds an MBA from Columbia Business School and a BS in accounting
from University of Richmond.
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 as well as alternative asset management
products to institutional and high-net-worth investors. JMP Group
operates through three subsidiaries: JMP Securities, Harvest
Capital Strategies and JMP Credit Advisors. For more information,
visit www.jmpg.com.
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