Maxim Group expanded its fixed-income team with three additions, the New York-based investment bank announced today. The three new executives will all serve as traders.
Maxim appointed Marc Steinberg as a new managing director focused on CDO trading. He was mot recently with Dinosaur Securities where he headed the structured credit group. He also headed the alternative funding group of Lehman Brothers in London and worked at Morgan Stanley for six years in CDOs. He began at the structured finance group of Arthur Anderson.
Michael Kinnear is the firm’s new director in credit trading. Prior to joining Maxim, Kinnear was an investment-grade bond trader at Jefferies. He was previously at Barclays.
Sheila McGillicuddy will serve as a new managing director for leveraged finance sales and trading. She was most recently with Goldman Sachs where she served as a vice president with the bank loan capital markets group. She also served as a director in the loan group of Merrill Lynch and has also worked for Chase Securities, Westdeutsche Landesbank and Fuji Bank.
Maxim Group is headquartered in New York and manages approximately $5 billion in assets.