Maxim Group Press Releases
New York (July 01, 2008)
Maxim Group LLC, a leading full-service mid-tier investment banking, securities and wealth management firm today announced the appointment of Richard H. Kreger, 34, as senior managing director of investment banking. Kreger joins the expanding Maxim Group LLC banking team with a specialty in structuring private investments in public equity securities (PIPEs)."Rich brings considerable experience originating and structuring private placements to our investment banking team. Rich will lead Maxim's efforts in building our PIPEs and registered direct banking practice and further demonstrates Maxim's commitment to broadening and deepening our origination and structuring capabilities. His extensive experience working with entrepreneurial companies seeking private investments in public companies makes him a valuable addition to our existing team," indicated Clifford A. Teller, executive managing director and head of investment banking at Maxim Group LLC.
Kreger's focus will be to attract institutional quality clients to the Maxim Group in technology, health care, consumer products, homeland defense and security both in the US and internationally. His primary goal is to lead Maxim to the top of the rankings for PIPEs and registered direct placements in 2008 and beyond. Kreger has demonstrated a strong track record and the ability to get difficult deals completed that are structured best for the company's shareholders.
Prior to joining Maxim Group, Kreger was a senior vice president in the investment banking department at Midtown Partners from 2004 to 2008. During Rich's tenure at Midtown Partners, the firm was ranked as high as number four on Placement Tracker's league tables in terms of most active agents for placing Regulation D financings or private placements in public equity, and number one for placements for non-life sciences companies with market caps below $100mm. In 2004, Kreger was a member of the investment banking team at H.C. Wainwright & Co.
Kreger received a BS in Business Administration with a concentration in finance and marketing from the University of Vermont in 1995. He is married and lives in Weston Connecticut with his wife and daughter.