Imperial Capital Expands Institutional Research Platform

LOS ANGELES, CA, Nov 02 (MARKET WIRE) --
Imperial Capital, a full-service investment banking firm, announced today
the expansion of its Institutional Research effort with the hiring in its
Capital Structure Analysis group of Daniel J. Ward and Kevin Cohen, CFA.
Mr. Ward has joined as a Managing Director covering the
Airlines/Transportation and Automotive/Automotive Suppliers/Automotive
Finance sectors. Mr. Cohen has joined as a Vice President covering
Paper/Packaging, Metals/Mining and Homebuilding. Both are based out of
Imperial Capital's New York office.

With the new hires, Imperial Capital's Institutional Research Group
comprises 20 professionals. Imperial Capital's Institutional Research
Group delivers company- and industry/sector-level fixed income and equity
analysis, uniquely addressing the entire capital structure. In addition,
the group publishes macroeconomic industry reports and provides real-time
desk analysis.

"We are pleased to welcome these experienced and talented individuals who
will further enhance Imperial Capital's ability to provide our clients
proprietary investment ideas," said Edward P. Mally, CFA, Managing
Director, Head of Institutional Research Group at Imperial Capital. "These
additions demonstrate our commitment to providing a differentiated and
integrated research offering. We have unique insight into the relative
value across an issuer's capital structure, including bank debt, high
yield and investment grade debt securities, hybrid securities, preferred
and common equity and special situation claims."

Dan Ward joins Imperial Capital from DiMaio Ahmad Capital, where he was
Director of Research. Previous to that, he was a Research Analyst at UBS
Securities for five years, providing desk and primary credit research
coverage. Before joining UBS Securities, Mr. Ward spent nine years with
Lehman Brothers, where he was Managing Director, Credit Research and Head
of Industrials Research in the Investment Grade group. While there, Mr.
Ward was selected for Institutional Investor's All-American Fixed Income
Research Team for several years. Mr. Ward received his B.S. in Computer
Science from Villanova University and an M.B.A. in Finance from Iona
College.

Prior to joining Imperial, Kevin Cohen, CFA was a Vice President in the
High Yield Research group with Banc of America Securities, LLC, where he
garnered Institutional Investor's All-American Fixed Income Research Team
recognition in both Paper/Packaging and Metals/Mining; he subsequently
moved to the Distressed Debt/Specials Group at Banc of America Securities.
Prior to joining Banc of America Securities, Mr. Cohen worked in Credit
Suisse First Boston's High Yield Research group. Before that, Mr. Cohen
served as an Associate, in the Equity Research group with Donaldson,
Lufkin & Jenrette. Mr. Cohen is a Chartered Financial Analyst. He
received his B.A. in Economics and Legal Studies from the University of
California, Berkeley.

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, Boston and
Houston. The firm currently employs over 160 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, M&A, capital structure,
restructuring and recapitalization advisory services. More information
about Imperial Capital can be found at www.imperialcapital.com.

For more information regarding Imperial Capital, please contact:

Press:

Anna Halloran Jacob
Imperial Capital, LLC
(310) 246-3675
Email Contact

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