Gleacher & Company Hires James Stone to Lead Financial Sponsor Coverage Practice

NEW YORK, Jan 11, 2012 (BUSINESS WIRE) –
Gleacher Company Securities, Inc., a broker-dealer subsidiary of
Gleacher Company, Inc.


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, today announced that James
Stone has joined the firm as a Managing Director and will lead the
Financial Sponsor Coverage practice of the firm’s Investment Banking
Division.

Mr. Stone has over 15 years of investment banking experience and has
advised leading private equity firms. Mr. Stone advises clients on a
wide range of matters, including debt and equity capital raising and
mergers and acquisitions.

Thomas Hughes, Chief Executive Officer, said, “Gleacher Company is
committed to serving the middle market, and making strategic hires to
further enhance our financing and MA advisory capabilities. James has a
proven track record of successfully building and running financial
sponsor coverage practices, making him an ideal addition to the Gleacher
Company team. We are confident that he will build on Gleacher
Company’s market position, and extend the firm’s reputation for high
quality, independent advice to the private equity community.”

“James has a superb network of relationships, and an outstanding
reputation among his clients and the private equity industry,” said
Jeffrey Tepper, Executive Managing Director and Head of Investment
Banking. “His knowledge, insight and experience are invaluable to his
clients and will help contribute to Gleacher Company’s continued
growth and success. We are pleased to welcome him to the team.”

Mr. Stone said, “Gleacher Company has a rich heritage in MA, and the
firm’s outstanding financing platform further differentiates us. I am
excited about the opportunity to deliver creative solutions for clients,
and expand Gleacher Company’s presence among financial sponsors,
particularly in the middle market.”

About Mr. Stone

Mr. Stone was most recently at the U.S. division of Macquarie Capital
Inc., where he served as a Managing Director of Corporate Finance
focusing on Financial Sponsor Coverage. Prior to that, he was a Managing
Director of Corporate Finance focusing on Financial Sponsor Coverage at
Imperial Capital. Previously, he was a Managing Director in the
Leveraged Finance and Financial Sponsor Coverage Groups at Credit Suisse
(including Donaldson, Lufkin Jenrette, which was acquired by Credit
Suisse). Mr. Stone received a B.A. in History and an M.B.A. in Finance
from Columbia University.

About Gleacher Company, Inc.

Gleacher Company, Inc.


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is an independent investment
bank that provides corporate and institutional clients with strategic
and financial advisory services, including merger and acquisition,
restructuring, recapitalization, and strategic alternative analysis, as
well as capital raising, research based investment analysis, and
securities brokerage services, and through a new subsidiary, engages in
residential mortgage lending. For more information, please visit
www.gleacher.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 demand for 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 any forward-looking statements. The
Company does not undertake to update any of its forward-looking
statements.

SOURCE: Gleacher Company Securities, Inc.

        Investor Contact
        Gleacher  Company, Inc.
        Thomas Hughes, Chief Executive Officer, 212.273.7100
        or
        Media Contact
        Joele Frank, Wilkinson Brimmer Katcher
        Andrew Siegel / Nick Lamplough, 212.355.4449

Copyright Business Wire 2012

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