This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

JMP Group Announces Addition Of Jeffrey Porphy To Investment Banking Division

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.



Stock quotes in this article: JMP 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,422.63 +14.09 0.09%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs