STOCK TITAN

JMP Group Announces Addition of Alfredo Barreto, Jr. to Investment Banking Division

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

JMP Group LLC (NYSE: JMP) has appointed Alfredo Barreto, Jr. as a managing director in its investment banking group, focusing on the cannabis sector. Based in San Francisco, Barreto brings extensive experience in consumer and specialty retail, enhancing JMP's commitment to the rapidly evolving cannabis industry. According to Mark Lehmann, the company's president, Barreto's expertise will support corporate clients in navigating the unique challenges of this dynamic market. JMP Group offers a range of investment banking and asset management services, catering to both corporate and institutional clients.

Positive
  • Appointment of Alfredo Barreto, Jr. enhances JMP's focus on the growing cannabis sector.
  • Barreto has extensive experience, potentially boosting advisory capabilities for clients in cannabis and related industries.
  • JMP's commitment to the cannabis industry reflects its strategy of servicing growth companies.
Negative
  • None.

JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that Alfredo Barreto, Jr. has joined JMP Securities as a managing director in its investment banking group. Based in the firm’s San Francisco office, Mr. Barreto will advise corporate clients in the cannabis industry.

“The cannabis sector has been an expanding focus for JMP over the past year, and Alfredo’s arrival cements our commitment to the space,” said Mark Lehmann, president of JMP Group. “From an investment perspective, the cannabis industry is still young and highly dynamic. Our coverage of the sector continues our firm’s history of serving growth companies and their investors with expert investment banking and equity research capabilities as the industries around them mature and innovate.”

“Alfredo is a seasoned investment banker with extensive experience in consumer and specialty retail, along with a variety of other high-growth sectors,” said Gavin Slader, co-head of investment banking at JMP Securities. “His transactional background and industry relationships will make him a key advisor to entrepreneurs and executives seeking differentiated strategic advice and top-tier execution capabilities as they build, finance, and monetize cannabis and cannabis-adjacent businesses in a rapidly changing marketplace.”

Prior to joining JMP Securities, Mr. Barreto was a partner at Wood Warren & Co., a Bay Area boutique investment bank serving the food, beverage, and agriculture industries. He was previously a managing director leading financial sponsor coverage at The Silverfern Group, after serving as co-head of West Coast consumer and retail investment banking at J.P. Morgan Securities. Mr. Barreto began his Wall Street career as a member of the mergers and acquisitions group and the global retail coverage group at Morgan Stanley & Co. He holds an MBA degree from the Kellogg School of Management at Northwestern University and a BA degree from Columbia 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 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.

© 2021 JMP Group LLC

FAQ

Who has joined JMP Group as a managing director?

Alfredo Barreto, Jr. has joined JMP Group as a managing director in the investment banking group.

What is the focus of Alfredo Barreto's role at JMP?

Alfredo Barreto will focus on advising corporate clients in the cannabis industry.

How does JMP Group plan to support the cannabis sector?

JMP Group aims to provide expert investment banking and equity research capabilities to support growth in the cannabis sector.

What prior experience does Alfredo Barreto bring to JMP Group?

Barreto has extensive experience in consumer and specialty retail and has held roles at notable investment banks like J.P. Morgan and Morgan Stanley.

What does JMP Group offer to its clients?

JMP Group provides investment banking, equity research, and alternative asset management services to corporate and institutional clients.

JMP

NYSE:JMP

JMP Rankings

JMP Latest News

JMP Stock Data

8.12M
Investment Banking and Securities Dealing
Finance and Insurance
Link
US
San Francisco