MAXIM GROUP LLC EXPANDS INSTITUTIONAL SALES PLATFORM WITH THE APPOINTMENT OF A SENIOR SPECIALIST
New York, August 4th, 2010
Maxim Group LLC, a leading full service investment banking, securities and wealth management firm today announced the appointment of Eliecer Palacios as the Energy Sector Specialist in Maxim’s Institutional Equity Sales Division.Mr. Palacios will be responsible for generating trading and investment ideas for Maxim Group’s institutional clients in the oil and gas space across various parts of the capital structure; he will also cover risk arbitrage and special situations opportunities in this sector. "Energy is an important investment vertical for Maxim Group and having a professional with Eliecer’s experience will help reinforce our capabilities in this key segment", said Jamie Barker, managing director and head of institutional sales and trading at Maxim Group. Prior to joining Maxim Group, he was the Energy Analyst at Carrelton Asset Management, a natural resources-focused long/short equity fund, based in Houston. Prior to Carrelton, Mr. Palacios traded crude oil, refined products, and natural gas derivatives for Citigroup’s energy trading unit based in Houston, his counterparties included major oil and gas producers and utilities.
Prior to Citigroup Energy, he worked as an Energy Analyst for a long/short equity energy/utilites fund at Tribeca Global Management, a Citigroup multi-strategy hedge fund. Mr. Palacios began his career as an analyst at Salomon Brothers Asset Management. He obtained a B.A. in Economics from Instituto Tecnologico Autonomo de Mexico and an MBA from the Johnson School at Cornell University.