Contact: Investors: Institutional Financial Markets, Inc. Joseph W. Pooler, Jr. Executive Vice President and Chief Financial Officer email@example.comMedia: Joele Frank, Wilkinson Brimmer KatcherJames Golden or Andrew Squire 212-355-4449 firstname.lastname@example.org or email@example.com
PHILADELPHIA and NEW YORK, April 07, 2017 (GLOBE NEWSWIRE) -- Institutional Financial Markets, Inc. (NYSE MKT:IFMI), a financial services firm specializing in fixed income markets, today announced that its 2017 Annual Meeting of Stockholders (the "Annual Meeting") will be held on Wednesday, June 7, 2017, at 10:00 a.m., local time, at the offices of Duane Morris LLP, located at 1540 Broadway, New York, New York 10036. Stockholders of record at the close of business on April 17, 2017 will be entitled to notice of, and to vote at, the Annual Meeting. In accordance with Rule 14a-5(f) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), IFMI has determined that written notice of stockholder proposals made pursuant to Rule 14a-8 of the Exchange Act must be received by IFMI at its principal executive offices by the close of business on or before April 17, 2017 in order to be considered for inclusion in IFMI's proxy statement for the Annual Meeting. Further, IFMI's Bylaws provide that stockholder proposals not made pursuant to Rule 14a-8 of the Exchange Act must also be received by IFMI at its principal executive offices by the close of business on or before April 17, 2017 in order to be considered for inclusion in IFMI's proxy statement for the Annual Meeting. All stockholder notices should be directed to the attention of IFMI's Secretary, at IFMI's principal executive offices at Cira Centre, 2929 Arch Street, 17th Floor, Philadelphia, Pennsylvania 19104. Stockholder proposals must comply with IFMI's Bylaws and the rules of the U.S. Securities and Exchange Commission regarding the inclusion of stockholder proposals in proxy materials, and any such stockholder proposal may be omitted from IFMI's proxy statement for the Annual Meeting if not in compliance with applicable requirements. About IFMI IFMI is a financial services company specializing in fixed income markets. IFMI was founded in 1999 as an investment firm focused on small-cap banking institutions, but has grown to provide an expanding range of capital markets and asset management services. IFMI's operating segments are Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, and financing as well as new issue placements in corporate and securitized products, and advisory services, operating primarily through IFMI's subsidiaries, J.V.B. Financial Group, LLC in the United States and Cohen & Company Financial Limited in Europe. The Asset Management segment manages assets through collateralized debt obligations, permanent capital vehicles, and managed accounts. As of December 31, 2016, IFMI managed approximately $3.7 billion in fixed income assets in a variety of asset classes including US trust preferred securities, European hybrid capital securities, and mortgage- and asset-backed securities. As of December 31, 2016, almost all of IFMI's assets under management, or 93.7%, were in collateralized debt obligations that IFMI manages, which were all securitized prior to 2008. The Principal Investing segment has historically been comprised of investments in IFMI sponsored investment vehicles, but has changed to include investments in certain non-sponsored vehicles. For more information, please visit www.IFMI.com.