Imperial Capital Hires Veteran Airlines Analyst Michael Derchin

LOS ANGELES, CA--(Marketwired - Jul 28, 2016) - Imperial Capital, LLC ("Imperial Capital"), announced the hiring of Michael Derchin, a longtime airlines industry analyst, as a Managing Director and Senior Equity Analyst. Joining Mr. Derchin in Imperial Capital's New York office is Adam Hackel. The hires reestablish Imperial Capital's airline equity research with their specific industry coverage and extensive experience in the airline sector.

"The airline industry remains a key industry vertical for Imperial Capital, and Mike brings a wealth of experience to the firm, as an equity research analyst, portfolio manager, and airline industry executive," said Edward P. Mally, CFA, Managing Director, Head of Institutional Research Group at Imperial Capital.

Michael Derchin joins Imperial Capital as a Managing Director and Senior Equity Analyst with an extensive background as a sell-side airline industry analyst and a buy-side airline industry investor. Prior to Imperial Capital, Mr. Derchin was a Senior Airline Analyst at Sterne Agee CRT for six years. In addition, Mr. Derchin served as an airline industry executive for the following companies: American Airlines, Pan American World Airways, and Mohawk Airlines. Mr. Derchin holds an MBA from City College of New York and a BA in Economics from Brooklyn College.

Adam Hackel joins Imperial Capital as an Associate in Equity Research and will work with Michael Derchin on coverage of the airline industry. Mr. Hackel began his career at Sterne Agee CRT as a Research Associate and has worked closely with Mr. Derchin for the past several years. Mr. Hackel holds a BA in Economics and a BA in Communication Arts from the University of Wisconsin.

About Imperial Capital, LLC
Imperial Capital, LLC is a full-service investment bank offering a uniquely integrated platform of comprehensive services to institutional investors and middle market companies. We offer sophisticated sales and trading services to institutional investors and a wide range of investment banking advisory, capital markets and restructuring services to middle market corporate clients. Paired with our proprietary research and sales & trading desk analysis, we provide investment analysis across an issuer's capital structure, including bank loans, debt securities, the hybrid/bank capital marketplace (through our ELP Framework), post-reorganization equities, special situations claims and listed and unlisted equities. Our comprehensive and integrated service platform, expertise across the global capital structure, and deep industry sector knowledge enable us to provide clients with research driven ideas, superior advisory services, and trade execution. We are quick to identify opportunities under any market conditions and we have a proven track record of offering creative, proprietary solutions to our clients. Imperial Capital, LLC has three principal businesses: Investment Banking, Institutional Sales & Trading and Institutional Research. More information about Imperial Capital, LLC can be found at www.imperialcapital.com.