JMP Group Announces Addition of Iain Franks to
Investment Banking Department
Managing Director Will Oversee Origination of Convertible and Equity-Linked Securities
August 11, 2011 09:03 AM Eastern Daylight Time
SAN FRANCISCO--(EON: Enhanced Online News)--JMP Group Inc. (NYSE: JMP), an investment banking and
alternative asset management firm, announced today that Iain Franks has joined JMP Securities, JMP Group’s
broker-dealer subsidiary, as a managing director in the firm’s investment banking department with responsibility for
its convertible capital markets origination activities. Mr. Franks works from the firm’s San Francisco headquarters.
“Iain will have an immediate impact on JMP’s convertible capital markets effort,” said Kent Ledbetter, director of
investment banking at JMP Securities. “He has participated in structuring more than 80 equity, convertible and
equity-linked securities transactions during his career and will enhance the convertible origination capabilities that
have been in place at JMP since 2005. Over the past six years, JMP has successfully completed approximately $5
billion worth of convertible and private securities offerings. With Iain’s arrival, we look forward to building on that
Prior to joining JMP Securities, Mr. Franks was an executive director leading the convertible capital markets effort
at Oppenheimer & Co. He previously served as a director in the equity and equity-linked capital markets group at
Piper Jaffray & Co. and in the convertible capital markets group at RBC Capital Markets. Additionally, Mr. Franks
has held convertible securities and credit analysis roles at Thomas Weisel Partners and UBS Investment Bank. He
received a B.A. degree from England’s Nottingham Trent University.
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.
JMP Group Inc.
Investor Relations & Media Contact
Andrew Palmer, 415-835-8978