Broadpoint.Gleacher Launches Full-Service Loan Agency Group with the Closing of Its First Two Agency Deals

Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG), today announced the launch of its full-service loan agency group and the closing of its first two loan agency transactions. Joanna Anderson has joined the firm as a Senior Vice President and Head of the group.

“Our clients have increasingly expressed the need for a non-conflicted, third-party successor agent that has the ability to offer a full-service agency function including driving restructuring and amendment processes and creating a market in debt and equity, in addition to providing back office and administrative duties. Our team’s existing infrastructure coupled with Joanna’s experience provides lenders with an ideal solution,” said Joseph Mannello, Head of Debt Capital Markets of Broadpoint.Gleacher.

Prior to joining Broadpoint.Gleacher, Ms. Anderson was a special situations analyst for Van Kampen Investments where she served on numerous lender steering committees and focused on distressed situations. Previously, she worked for a turnaround and crisis management firm and prior to that she spent several years at a large financial institution in the Managed Assets Department, working on loan workouts and restructurings.

About Broadpoint.Gleacher

Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG) is an independent investment bank that provides corporations and institutional investors with strategic, research-based investment opportunities, capital raising, and financial advisory services, including merger and acquisition, restructuring, recapitalization and strategic alternative analysis services. The Company offers a diverse range of products through the Debt Capital Markets, Investment Banking and Broadpoint DESCAP divisions of Broadpoint Capital, Inc., its Equity Capital Markets subsidiary, Broadpoint AmTech, and FA Technology Ventures Inc., its venture capital subsidiary. For more information, please visit www.bpsg.com.

Forward Looking Statements

This press release contains "forward-looking statements." These statements are not historical facts but instead represent the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. The Company's forward-looking statements are subject to various risks and uncertainties, including the conditions of the securities markets, generally, and acceptance of the Company's services within those markets and other risks and factors identified from time to time in the Company's filings with the Securities and Exchange Commission. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in its forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake to update any of its forward-looking statements.

Broadpoint Gleacher Securities Grp., Inc. (MM) (NASDAQ:BPSG)
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