SAN FRANCISCO--(BUSINESS WIRE)--
JMP Group Inc. (NYSE:JMP), an investment banking and alternative asset
management firm, announced today that Colin Fitt has joined JMP
Securities, JMP Group's broker-dealer subsidiary, as a managing director
in the financial services investment banking group. Mr. Fitt, who
focuses on the insurance industry, is based in the firm's Chicago office.
"Colin is an important addition to JMP's financial services group," said
Kent Ledbetter, director of investment banking at JMP Securities. "He
brings decades of experience to his role, both as a senior investment
banker and as an insurance professional. Colin's expertise and industry
knowledge will complement Matt Carletti's equity research coverage of
the property and casualty and reinsurance sectors, deepening JMP's
commitment to its corporate clients in the space."
Prior to joining JMP Securities, Mr. Fitt was a managing director at
Macquarie Capital and its predecessor, Fox-Pitt Kelton Cochran Caronia
Waller, where he specialized in mergers and acquisitions and capital
raising for clients in the non-life insurance industry. Mr. Fitt
previously served as a vice president at GE Capital subsidiary Employers
Reinsurance Corporation and as a reinsurance broker at both E.W. Blanch
and Sullivan Payne. He holds a B.A. from the University of Kansas.
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 and 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.
Investor Relations & Media Contact
Source: JMP Group Inc.
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