People Moves

US Wealth Manager Makes Three Senior Fixed Income Hires

Wendy Spires Deputy Editor 3 August 2009

US Wealth Manager Makes Three Senior Fixed Income Hires

Maxim Group, the New York-based wealth management, investment banking and securities firm, has expanded its fixed income platform with three senior level appointments.

Sheila McGillicuddy has been named managing director - leveraged finance sales and trading; Marc Steinberg has been appointed managing director - CDO (collateralised debt obligations) trading, and Michael Kinnear is to take up the role of director - credit trading.

Ms McGillicuddy, was previously vice president - bank loan capital markets at Goldman Sachs, where she was head of investment grade loan capital markets. Prior to this she was a director - loan execution and portfolio management at Merrill Lynch.

Mr Steinberg, was previously with Dinosaur Securities where he was responsible for building out the firm's structured credit business. Prior to that, he was the head of the alternative funding business unit of Lehman Brothers in London.

Mr Kinnear, meanwhile, joins Maxim from Jefferies & Company where he traded various investment grade corporate bond sectors across multiple electronic platforms. Previously, he was a credit derivatives trading analyst at Barclays Capital.

In June Maxim Group announced the appointment of Seitaro Kuno as co-head for US/Japan institutional sales.

Mr Kuno formerly served as a vice president of US equity sales and trading for Mitsubishi UFJ Securities (USA) since 2002.

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