Maxim Group, a New York-based investment banking, securities and wealth management firm has expanded its fixed income platform with the appointment of three senior level executives. It has named 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.
Reportedly, Mr. Kinnear, 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. Mr. Steinberg, will be responsible for trading and selling Collateralized Debt Obligations (CDOs).
Armand Pastine, executive managing director and head of Maxim Group’s fixed income division, said: 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.”
