James Carmack Joins Imperial Capital as a Managing Director and Head of Equity Sales & Trading

LOS ANGELES, CA--(Marketwire - Sep 6, 2011) - Imperial Capital, LLC announced today that James Carmack has joined the Firm as a Managing Director and Head of Equity Sales & Trading based out of Imperial's Los Angeles Office. Mr. Carmack will be responsible for continuing the expansion of Imperial's equity capital markets efforts. Mr. Carmack is an industry veteran with approximately thirty years of securities industry experience, twenty seven of which were with Jefferies & Company, Inc.

"We were looking for an established equity sales & trading professional to help take our equities business to the next level," said Jason Reese, CEO & Chairman. "Jim's significant experience in both growing and managing an equity sales & trading business will be a valuable asset to the firm. Senior Wall Street professionals continue to join our team in recognition of the strength of our institutional sales & trading, research, capital markets and investment banking platform. We expect that Jim will be the leading hire with many more excellent hires expected to follow as we continue to actively grow our business."

Mr. Carmack most recently served as Head of US Equity Sales at Jefferies and as a member of their Executive Committee. Over the span of his twenty seven years there, Mr. Carmack also served in various senior management positions such as Los Angeles Regional Manager, West Coast Regional Manager, and National Sales Manager. Most recently, Mr. Carmack led a team of over 100 sales executives at Jefferies and helped lead their equity division through its organizational restructuring and development. Mr. Carmack earned a Masters of Business Administration and a Bachelor of Science from the University of Southern California.

"I am excited to join Imperial Capital and grow its equity sales & trading business," said James Carmack. "I look forward to utilizing Imperial's unique platform and deep expertise to recruit and build great equity sales & trading talent as well as to continue to execute Imperial's growth initiatives."

About Imperial Capital, LLC

Imperial Capital, founded in 1997, is a full-service investment banking firm with offices in Los Angeles, New York, San Francisco, Minneapolis, Boston, and Chicago. The firm currently employs over 185 professionals and offers a wide range of proprietary products and services to institutional investors, middle market companies, and private equity firms. Imperial Capital provides institutional clients research and sales and trading of high yield and distressed debt securities, bank debt, convertible bonds, preferred stocks, and equities. The firm provides middle market companies and financial sponsors with capital markets, merger and acquisitions, capital structure, restructuring and recapitalization advisory services. More information about Imperial Capital can be found at www.imperialcapital.com.