Maxim Group Announces New Prime Brokerage Unit

Nov 4 2010 | 11:17am ET

Investment banking and wealth management firm Maxim Group is creating a prime brokerage unit aimed at catering to emerging and growing hedge funds.

The new group will be led by industry veteran Steven Simmons, who was most recently head of prime services sales and capital introduction at Lighthouse Financial Group. Prior to Lighthouse Financial, Simmons held a similar position at Terra Nova Financial.

“Steve’s vast experience in the small prime brokerage arena will complement Maxim’s efforts to provide cost effective solutions to our hedge fund clients,” said Christopher Fiore, president of Maxim Group.

Maxim Group is a full-service investment banking firm headquartered in New York. The firm provides an array of financial services including investment banking, private wealth management and global institutional equity, fixed-income and derivatives sales and trading as well as equity research.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of