JMP Group Announces Addition of Scott Margolis as Head of Convertible Sales and Trading
September 28 2016 - 9:00AM
Business Wire
JMP Group LLC (NYSE: JMP), an investment banking and alternative
asset management firm, announced today that Scott Margolis has
joined JMP Securities as a managing director and head of
convertible sales and trading. He is based in the firm’s New York
office.
“Scott has worked with fixed-income instruments and
equity-linked securities on Wall Street for 30 years. His
experience and wide array of relationships enhance JMP’s
convertible securities capabilities significantly,” said Thomas R.
Wright, director of equities at JMP Securities. “In a capital
markets environment that is uncertain, we are focused on providing
our institutional and corporate clients with expertise and services
that complement our core equities platform, and an active
convertibles business is a key piece of that strategy.”
Prior to joining JMP Securities, Mr. Margolis was a managing
director at Piper Jaffray, where he traded convertible and hybrid
securities and provided institutional sales coverage as a senior
member of the fixed-income services group. He was previously head
of convertible securities at Gleacher & Company, a managing
director in equity-linked products at Weeden & Co. and a
managing director in structured equity products at Bear Stearns
& Co. Earlier in his career, Mr. Margolis had convertible and
derivative securities roles at Credit Suisse First Boston Corp.,
UBS Securities and Lehman Brothers. Before making the transition to
finance, he was a senior administrator at The New York Hospital –
Cornell Medical Center. Mr. Margolis holds an MBA from the Yale
School of Management and a BA from University of Connecticut.
About JMP Group
JMP Group LLC is an investment banking and asset management firm
that 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160928005132/en/
Investor Relations ContactJMP Group LLCAndrew Palmer,
415-835-8978apalmer@jmpg.comorMedia Relations ContactsDukas
Linden Public Relations, Inc.Seth Linden,
212-704-7385seth@dukaspr.comBen Jaffe,
212-704-7385ben@dukaspr.com
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