JMP Group Announces Addition of Rahul Buxani to Investment Banking Division

Rhea-AI Summary

JMP Group LLC (NYSE: JMP) has appointed Rahul Buxani as managing director in its investment banking division, focusing on the financial technology sector. Buxani brings extensive experience, having previously led financial technology investment banking at Oppenheimer & Co. and Ernst & Young Capital Advisors. This strategic hiring aims to enhance JMP's capabilities in providing impactful advice and execution services to clients in the evolving financial technology market, as noted by CEO Mark Lehmann.

Positive

• Rahul Buxani's appointment enhances JMP's investment banking capabilities in the financial technology sector.
• Buxani's extensive background in financial technology positions JMP to offer valuable strategic advice.

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• None.

JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that Rahul Buxani has joined JMP Securities as a managing director in its investment banking group. Based in the firm’s New York office, Buxani will concentrate on the financial technology sector.

“The financial technology space has been evolving rapidly, and JMP’s well-established expertise in both financial institutions and technology has enabled us to offer corporate and institutional clients valuable perspective on a dynamic marketplace,” said Mark Lehmann, chief executive officer of JMP Group. “Rahul is a seasoned investment banker with a thorough understanding of the industry landscape and an extensive transactional background. With his arrival, we’ve further enhanced our ability to provide impactful strategic advice and top-tier execution capabilities to growth companies in this exciting sector.”

Prior to joining JMP Securities, Buxani was a managing director and head of financial technology investment banking at Oppenheimer & Co. He previously served as head of financial technology investment banking at Ernst & Young Capital Advisors, after working in the financial institutions group at J.P. Morgan Securities, where he concentrated on market structure and financial technology. Earlier in his career, Buxani worked in business development and product management at London Stock Exchange Group. He holds an MBA degree from Georgetown University and a BS degree from Bentley 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 and its venture capital and private capital activities through Harvest Capital Strategies and JMP Asset Management. For more information, visit www.jmpg.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210707005094/en/

FAQ

Who is the new managing director at JMP Group and what is his focus area?

Rahul Buxani is the new managing director at JMP Group, focusing on the financial technology sector.

What previous experience does Rahul Buxani have before joining JMP Group?

Rahul Buxani was managing director and head of financial technology investment banking at Oppenheimer & Co. and has also worked at Ernst & Young Capital Advisors and J.P. Morgan Securities.

How does JMP Group plan to enhance its services in the financial technology sector?

By hiring Rahul Buxani, JMP Group aims to improve its strategic advice and execution capabilities for clients in the financial technology sector.

What type of firm is JMP Group?

JMP Group is a diversified capital markets firm that provides investment banking, equity research, and alternative asset management services.

What role does JPM Securities play within JMP Group?

JMP Securities conducts investment banking and research, sales, and trading activities for JMP Group.