JMP Group Inc. (NYSE: JMP), an investment banking and alternative asset management firm, announced today that Peter Blackwood has joined JMP Securities as a managing director in its investment banking division. Based in the firm’s San Francisco headquarters, Mr. Blackwood will cover the Internet and digital media sectors, with an emphasis on providing strategic advisory services.

“Peter brings significant expertise and deep industry relationships developed over 15 years of work with a broad range of technology clients,” said Kent Ledbetter, JMP Securities’ director of investment banking. “Partnered with managing director Samir Hussein, Peter will enhance JMP’s Internet and digital media franchise and extend our efforts in the space. Peter’s strong M&A background augments the firm’s strategic advisory capabilities and will add to the momentum of JMP’s successful technology investment banking platform.”

Prior to joining JMP Securities, Mr. Blackwood was a managing director and head of the technology and media investment banking group at Janney Montgomery Scott, where he oversaw the expansion of that firm’s calling effort within the Internet, digital media, communications equipment, software and IT services industries.

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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