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JMP Group Names Co-Heads of Healthcare Investment Banking
[April 28, 2015]

JMP Group Names Co-Heads of Healthcare Investment Banking


JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that Dan Stauder and Sean Cessna have been named co-heads of JMP Securities' healthcare investment banking group. Mr. Stauder, a managing director based in the firm's Chicago office, concentrates on equity capital markets activities across the healthcare industry. Mr. Cessna, a managing director based in the firm's San Francisco headquarters, focuses on life sciences companies.

"Our healthcare franchise has been a key driver of JMP's success for more than a decade-and especially over the past two years, when it has fueled the firm's record investment banking revenues," said Kent Ledbetter, JMP Securities' (News - Alert) director of investment banking. "Dan and Sean have guided our healthcare efforts during this phase, and we are happy to recognize their leadership by appointing them co-heads of the group. We look forward to building on our momentum and further cementing JMP's position as a leading underwriter and advisor to growth companies in the healthcare space."

Prior to joining JMP Securities in 2007, Mr. Stauder was founder and managing member of EHS Securities, a boutique healthcare investment bank. Mr. Stauder previously worked at Vector Securities and Prudential Vector Healthcare, where he was head of healthcare specialty sales. He also served in the healthcare investment banking group at Robert W. Baird and in institutional equities at DLJ Securities. Mr. Stauder holds an MBA from The Wharton School at The University of Pennsylvania and a BBA from the University of Notre Dame.



Prior to joining JMP Securities in 2011, Mr. Cessna worked in healthcare investment banking at Piper Jaffray, where he focused on life sciences companies. Mr. Cessna was previously in the healthcare investment banking group at RBC Capital Markets. He also served in the investment banking group at Lehman Brothers (News - Alert) and in the mergers and acquisitions department of the Geneva corporate finance division of Citigroup. Mr. Cessna holds an MBA from the University of Michigan and a BS in finance from the University of Oregon.

JMP Securities is a full-service, middle-market investment bank with a healthcare platform consisting of six managing directors in investment banking and six senior equity research analysts covering biotechnology, specialty pharmaceuticals, medical devices, life science tools and diagnostics, and healthcare services and facilities. The firm's healthcare investment banking group has executed 135 capital raising and strategic advisory transactions with an aggregate value in excess of $13.5 billion since the beginning of 2013.


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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