Maxim Group Press Releases
New York (July 30th, 2009)
Maxim Group LLC Continues Expansion of Its Fixed Income Platform with the Appointment of Three Senior Level Executives
Maxim Group, LLC, a leading full-service investment banking, securities and wealth management firm announced the expansion of its Fixed Income platform with the appointment of three senior level executives: Sheila McGillicuddy as a Managing Director – Leveraged Finance Sales and Trading; Marc Steinberg as a Managing Director – CDO Trading; and Michael Kinnear as a Director – Credit Trading.
"We are pleased to announce the addition of Sheila, Marc and Michael to our team as they bring a wealth of experience, strong client relationships and a solid work ethic which will support the continued growth of Maxim’s fixed income division", said Armand Pastine, Executive Managing Director and head of Maxim Group’s Fixed Income Division. "These appointments are part of an ongoing expansion of Maxim Group’s Fixed Income Capital Markets business, which has included the recruitment of multiple senior-level executives in the fixed income space with expertise in corporate debt, mortgage securities and asset-backed securities", added Pastine.
Ms. McGillicuddy, who was appointed as Managing Director, Leveraged Finance Sales and Trading, brings more than two decades of distressed credit sales and trading experience to Maxim Group. Prior to joining Maxim Group, Ms. McGillicuddy was a Vice President – Bank Loan Capital Markets at Goldman Sachs & Co., where she was Head of Investment Grade Loan Capital Markets and created the high grade syndicate loan business. Previously, Ms. McGillicuddy was a Director – Loan Execution and Portfolio Management at Merrill Lynch & Co., where she structured loans for syndication in the primary market. She also served in similar capacities in the Leveraged loan sector at Chase Securities, Inc., Westdeutsche Landesbank, and The Fuji Bank, Limited. Ms. McGillicuddy graduated from the University of Waterloo in Waterloo, Canada with a B.S. in Biology and received an MBA from McGill University in Montreal, Canada.
Mr. Steinberg, who was appointed as Managing Director, CDO Trading, will be responsible for trading and selling Collateralized Debt Obligations ("CDOs"). Prior to joining Maxim Group, Mr. Steinberg was with Dinosaur Securities where he was responsible for building out the firm’s Structured Credit business. Previously, Mr. Steinberg was the Head of the Alternative Funding Business Unit of Lehman Brothers in London where he executed and traded Lehman Brothers’ first European CRE CDO. Prior to Lehman Brothers, Mr. Steinberg spent six years at Morgan Stanley where he was responsible for expanding the firms synthetic CDO business. Mr. Steinberg began his Wall Street career in the Structured Finance Group at Arthur Anderson. Mr. Steinberg graduated from the Wharton School (University of Pennsylvania) with a B.S. in Economics.
Mr. Kinnear, who was appointed as Director, Credit Trading, will be responsible for middle market and customer flow trading of High Grade and Crossover Telecom, Media, Technology ("TMT") as well as customer flow trading for the Bank and Finance corporate bond sectors. Prior to joining Maxim Group, Mr. Kinnear was at Jefferies & Company where he traded various investment grade corporate bond sectors across multiple electronic platforms. Previously, Mr. Kinnear was a Credit Derivatives Trading Analyst at Barclays Capital. Mr. Kinnear graduated magna cum laude from the University of Houston with a B.B.A in Finance. He is a Chartered Financial Analyst ("CFA") candidate with a Level 1 attained.