Friday, 1 August 2014
Last updated 12 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…