SAN FRANCISCO--(BUSINESS WIRE)--JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that Randy Billhardt has joined JMP Securities as a managing director in the firm’s equity capital markets division. Based in JMP Securities’ New York office, Mr. Billhardt will focus on enhancing the firm’s retail distribution capabilities. “Randy has more than two decades of experience in the capital markets, and over those years he cultivated relationships w