Saturday, 20 September 2014
Last updated 11 hours ago
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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.