JMP Group Announces Addition of Jeffrey Porphy to Investment Banking Division
26 März 2013 - 2:00PM
Business Wire
JMP Group Inc. (NYSE: JMP), an investment banking and
alternative asset management firm, announced today that Jeffrey R.
Porphy has joined JMP Securities as a managing director in its
investment banking division. Based in the firm’s New York office,
Mr. Porphy will focus on mergers and acquisitions and will serve as
head of financial sponsors coverage.
“We’re very happy to welcome Jeff to JMP,” said Kent Ledbetter,
JMP Securities’ director of investment banking. “Jeff has decades
of experience as an M&A banker at top-tier investment banks.
His experience and relationships will further enhance our strategic
advisory practice and will expand our reach within the private
equity and venture capital communities.”
Prior to joining JMP Securities, Mr. Porphy was a managing
director serving as head of mergers and acquisitions and head of
financial sponsors coverage at Cowen & Co. He was previously a
managing director at Barclays Capital, where he served as head of
corporate advisory mergers and acquisitions and financial sponsor
idea generation. Additionally, Mr. Porphy spent 14 years in various
capacities at Credit Suisse, most recently as a managing director
and co-head of middle-market mergers and acquisitions as well as
head of financial sponsors mergers and acquisitions. During his
tenure there, he also served as chief operating officer of the
global mergers and acquisitions group and the global industrial and
services group, the investment banking department’s largest
industry group, and as chief operating officer of the European
mergers and acquisitions group. Mr. Porphy began his Wall Street
career at Lazard Frères & Co.
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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