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

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...