Imperial Capital, LLC Announces the Formation of Its Structured Credit Trading Group Along With the Hiring of Keith Grimaldi to Head the Group

LOS ANGELES, CA--(Marketwire - Sep 27, 2012) - Imperial Capital, LLC, a full service investment banking firm, today announced a new leadership appointment and the formation of its Structured Credit Group designed to drive the franchise's ambitious growth initiatives in the US and abroad. Keith Grimaldi has joined Imperial Capital as a Managing Director & Head of Structured Credit Trading in its New York Office. He will oversee a newly formed group that will concentrate on the trading and distribution of Structured Credit related securities globally, with an initial focus on Collateralized Debt Obligations backed by loans and other corporate debt securities. Mr. Grimaldi will report to Tom Corcoran, President of Imperial Capital. His responsibilities will focus on building a business that will trade, value, and provide advice for institutional fixed income clients on CDOs and other structured credit securities and securitized products backed by corporate debt.

"We are pleased to welcome Keith to on our team and focus on a new business that will help our clients in structured credit and other securitized products," said Jason Reese, CEO of Imperial Capital Group. "The depth of his product knowledge and client relationships globally will enhance our ability to provide value for our clients and our growing franchise."

Mr. Grimaldi joins Imperial Capital with 30 years of experience in securities trading, sales and origination, primarily in securitized products of all asset types. He was most recently at Cantor Fitzgerald, where he was a Senior Managing Director and Head of CDOs and Structured Credit Trading. Prior to Cantor Fitzgerald, Mr. Grimaldi was a Managing Director at UBS Securities and Global Head of the CDO Group, where he was responsible for overseeing the origination and trading of Collateralized Debt Obligations. Prior to joining UBS, Mr. Grimaldi was an Executive Director at CIBC, where he was in charge of the syndication, trading and distribution of Collateralized Debt Obligations and other esoteric securitized transactions in the public and private placement markets. Mr. Grimaldi was also a Vice President at Citicorp where he held various positions including Head Asset-Backed Securities Trader. Mr. Grimaldi is a graduate of Georgetown University, and holds an MBA from Fordham University.

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 240 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.