JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that Joseph Osha has joined JMP Securities as a managing director and equity research analyst covering the alternative energy sector.

“Joe brings a unique breadth of experience to JMP’s research platform,” said Thomas R. Wright, director of equities at JMP Securities. “His background in industry paired with his years on the sell side will enable him to provide a differentiated perspective to our institutional clients. JMP is committed to enhancing its equity research offering in the current market environment, and Joe’s arrival is a terrific step down that path.”

Prior to joining JMP Securities, Mr. Osha served as chief financial officer of two alternative energy start-ups, Greenfire Energy and Gravity Renewables. Mr. Osha previously spent 18 years at Bank of America Merrill Lynch, where he was a senior semiconductor analyst for a decade, winning recognition in rankings produced by Institutional Investor, The Wall Street Journal and Bloomberg. More recently, he served as the firm’s Deputy Head of Americas Equity Research, Head of Alternative Energy Research and Head of Asia ex-Japan Equity Research. Mr. Osha started at Bank of America Merrill Lynch as a senior electronics analyst based in Tokyo after beginning his equity research career as an analyst at Baring Securities Japan. He holds an MBA and an MA in East Asian Studies from the University of Michigan and a BS from the University of Richmond.

About JMP Group

JMP Group LLC, an investment banking and alternative asset management firm, provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to institutional and high-net-worth investors. JMP Group conducts its investment banking and research, sales and trading activities through JMP Securities; its hedge fund and other investment activities though Harvest Capital Strategies; the underwriting and management of investments in senior secured debt through JMP Credit Advisors; and the management of Harvest Capital Credit Corporation (NASDAQ: HCAP), a business development company that finances small and midsized businesses, through HCAP Advisors. For more information, visit www.jmpg.com.

Investor Relations ContactJMP Group LLCAndrew Palmer, 415-835-8978apalmer@jmpg.comorMedia Relations ContactsDukas Linden Public Relations, Inc.Seth Linden, 212-704-7385seth@dlpr.comBen Jaffe, 212-704-7385ben@dlpr.com

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