JMP Group Announces Changes in Sales and Trading Leadership
August 11 2020 - 6:45AM
Business Wire
JMP Group LLC (NYSE: JMP), an investment banking and alternative
asset management firm, today announced changes in the management of
the institutional brokerage division at JMP Securities. James O’Day
has been named head of institutional sales, and Charles Sweeney,
JMP Securities’ director of sales and trading, has been appointed
to JMP Group’s operating committee. O’Day, a managing director
based in the firm’s Boston office for more than a decade, will
continue to report to Sweeney, also a managing director, who is
based in New York.
“Charlie’s understanding of the markets, coupled with his
extensive network of institutional relationships, has always made
him a key contributor at JMP, and his expertise makes him a vital
addition to our operating committee as we plot our strategy in
these remarkable times,” said Thomas Wright, chief operating
officer and director of equities at JMP Securities. “James has
consistently been a top equity salesperson at JMP while
spearheading our brokerage activities in Boston and is known across
the firm as an exemplary teammate and collaborator. We will benefit
from his guidance in his expanded role and look forward to the
growth of our sales and trading business as James and Charlie
partner to shape its future.”
Prior to joining JMP Securities in 2013, Sweeney served as
co-head of U.S. equity trading at Cantor Fitzgerald & Co. He
was previously head of cash equity trading and sales trading at
Susquehanna Financial Group after working in cash equities at
Deutsche Bank Securities and Merrill Lynch & Co. He holds an
undergraduate degree from Penn State University.
Prior to joining JMP Securities in 2008, O’Day was a structured
credit trader at CypressTree Investments. He holds an undergraduate
degree from Northeastern University.
About JMP Group
JMP Group LLC is a diversified capital markets 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, venture capital, and private capital
activities through Harvest Capital Strategies and JMP Asset
Management; and the management of Harvest Capital Credit
Corporation (NASDAQ: HCAP), a business development company, through
HCAP Advisors. For more information, visit www.jmpg.com.
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Investor Relations Contact JMP Group LLC
Andrew Palmer (415) 835-8978 apalmer@jmpg.com
Media Relations Contacts Dukas Linden Public Relations,
Inc.
Zach Leibowitz (646) 722-6528 zach@dlpr.com
Michael Falco (646) 808-3611 michael@dlpr.com
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