Boutique investment bank Maxim Group has added two new managing directors and an analyst to its leveraged finance team, the firm announced today. The new appointments are part of an ongoing expansion.
The New York-based firm added Sharie Loeffler as the head of its leveraged finance group. Loeffler most recently served with Goldman Sachs distressed and par leveraged loan sales and trading desk. She began her career as a distressed credit analyst and trader with Davidson Kempner Partners.
Catherine Yelverton joined Maxim as a managing director responsible for trading high yield bonds and leveraged loans in the retail, food, restaurant, consumer products, cable/wireless, media and broadcasting, technology and paper and packaging sectors. She was most recently the global head of loan and high yield trading for ABN Amro. She was previously a managing director for European high yield trading for Paribas Corp. and has worked at First Chicago, JPMorgan, Barclays and PaineWebber.
Maxim also added Kevin Cohen as an analyst. Cohen was a special situations and distressed debt analyst with Banc of America Securities. He previously worked as an equity analyst covering REITs for Donaldson Lufkin & Jenrette.
Executive Managing Director and head of Maxim Groups Fixed Income Division Armand Pastine said in a statement that the appointments are part of an ongoing expansion in the fixed income space. A firm spokesman was not immediately available for comment.
Maxim Group is headquartered in New York and manages more than $5 billion in assets.