JMP Group Announces Addition of Jorge Solares-Parkhurst to Investment Banking Division

  JMP Group Announces Addition of Jorge Solares-Parkhurst to Investment
  Banking Division

           Managing Director Joins Firm’s Financial Services Group

Business Wire

SAN FRANCISCO -- February 20, 2013

JMP Group Inc. (NYSE: JMP), an investment banking and alternative asset
management firm, announced today that Jorge Solares-Parkhurst has joined
JMPSecurities as a managing director in its financial services investment
banking group. Mr. Solares-Parkhurst, who is based in the firm’s New York
office, will focus on the specialty finance industry.

“Jorge is an experienced investment banker who will contribute immediately to
JMP’s financial services practice,” said Kent Ledbetter, JMP Securities’
director of investment banking. “JMP is well established as a leading
underwriter and advisor in the financial services sector. Jorge’s arrival
further enhances our investment banking expertise and broadens our calling
effort across a multitude of commercial and consumer finance companies.”

Prior to joining JMP Securities, Mr. Solares-Parkhurst had been a director in
the global financial institutions group at Credit Suisse, where he worked with
U.S. specialty lenders and regional banks. He previously served as a managing
director at FBR Capital Markets and a senior managing director at Bear,
Stearns & Co. Mr. Solares-Parkhurst began his career in PaineWebber’s
investment banking division, remaining with the firm following its acquisition
by UBS and concluding his tenure there as a director in the financial
institutions group for the Americas. He holds a B.S.F.S. in international
economics from the Edmund A. Walsh School of Foreign Service at Georgetown

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 as well as 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


Investor Relations Contact
JMP Group Inc.
Andrew Palmer, 415-835-8978
Media Relations Contact
Dukas Public Relations
Seth Linden, 212-704-7385
Zach Leibowitz, 212-704-7385
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