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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...