RICHMOND, VA – July 1, 2010 – Matrix Capital Markets Group, Inc. announced today that Cedric Fortemps has been promoted to Senior Vice President.

Mr. Fortemps has been a member of Matrix’s Energy and Multi-Site Retail Group and the Bankruptcy and Reorganization Practice since joining the firm in 1998. Over the past dozen years, he has been a leading contributor on over seventy successful Matrix engagements including the sales of the Virginia assets of Delek U.S. Holdings, ZOOTS Dry Cleaning, Angus I. Hines, Inc., Huffman Oil Company, Briggs Hospitality, C. R. Quesenberry, Inc., and FFP Marketing Company, Inc.

Mr. Fortemps graduated cum laude with a B.S.B.A. with a concentration in Finance from the University of Richmond. He is a CFA Charterholder and a member of the CFA Institute. He is also a qualified Series 7, Series 63 and Series 79 FINRA General Securities Representative. He also serves on the Advisory Board for the University of Richmond’s Student Managed Investment Fund and has been a guest lecturer for the University’s MBA Program.

Tom Kelso, a managing director and principal at Matrix and head of the firm’s Energy and Multi-Site Retail Group, commented “Cedric has provided excellent advice and service to our clients in helping them maximize the value of their companies over the last dozen years and it is a privilege to work with such a dedicated and talented investment banker.”

Matrix’s Energy and Multi-Site Retail Group is recognized as the national leader in providing transactional advisory services to companies in the downstream energy and multi-site retail sectors including convenience store chains, petroleum marketers, fuels distributors, retail propane distributors, heating oil distributors, lubes retailers and distributors, terminal operators, fuels transportation companies, hospitality companies, and other specialty retail chains. Team members are dedicated to these sectors and draw upon complementary experiences to provide advisory services to complete sophisticated merger and acquisition transactions, private debt and equity raises, corporate restructurings, and corporate valuations and strategic planning engagements. Since its inception in 1997, this dedicated group has successfully advised on over 70 transactions in these sectors.