Maxim Group Press Releases
New York (April 15, 2009)
Maxim Group LLC Attracts More Bulge Bracket Talent For Its Structured Credit Sales & Trading Platform
Maxim Group LLC, a leading full-service boutique investment banking, securities and wealth management firm announced the appointments of four fixed income veterans to bolster its Structured Credit Sales & Trading Group.
J. Kurt Kaline was named managing director of Commercial Mortgage-Backed Securities (“CMBS”) Trading and will be responsible for sourcing and trading CMBS and CRE debt. Prior to joining Maxim Group, Mr. Kaline was a managing director with Winthrop Realty Partners where he was responsible for the purchasing and surveillance of all CMBS as well as sourcing commercial real estate debt for the Concord Debt Platform. Previously, he served as the director of CMBS Trading for ABN AMRO/LaSalle Financial Services where he was responsible for new issue CMBS distribution and secondary trading. Mr. Kaline began his 17 year fixed income career at Nomura Securities International, Inc. He graduated from Columbia University School of Engineering and Applied Science with a B.S. in Industrial Engineering, and also earned an MBA in Finance from NYU’s Stern School of Business.
Robert Cestari was named director of CMBS Trading and will be responsible for sourcing and trading CMBS and CRE debt. Prior to joining Maxim Group, Mr. Cestari was a managing director with Winthrop Realty Partners where he established the firm’s debt acquisition and CDO issuance platform, Concord Debt Holdings. Previously he was with Apollo Real Estate Advisors where he focused on sourcing and underwriting commercial real estate related debt products. Prior to joining Apollo, Mr. Cestari was a founding principal with Sinjin Fixed Income Advisors, LLC, a real estate and fixed income consulting firm which represented major investment banks and institutional clients. Mr. Cestari began his career at Nomura Securities International, Inc. where he ran the CMBS trading desk. He attended the Fuqua School of Business at Duke University and holds a B.A. from the University of Pennsylvania.
Matthew G. Christ was named director of Structured Credit Sales where he will be responsible for marketing RMBS, ABS and CMBS related securities. He began his career with BT/Alex Brown where he worked as a banker on various equipment and asset-backed securitizations. He later joined Merrill Lynch where he held a number of positions in the origination, marketing, and sales of structured credit products and derivatives over his 10 year career with the firm. Prior to joining Maxim Group, Mr. Christ focused exclusively on marketing structured credit to hedge funds and money managers. Mr. Christ received a B.S. in Electrical Engineering from the University of Pennsylvania.
Robert B. Clark was named director of Structured Credit Sales where he will be responsible for marketing RMBS, ABS and CMBS related securities. Mr. Clark brings over two decades worth of structured credit sales and management experience to Maxim Group. He was most recently with Cohen & Company where he specialized in mortgage related securities. Prior to that, Mr. Clark held various sales management responsibilities with WAMU Capital Markets, RBC Capital Markets and Prudential Securities. Mr. Clark received a B.S. in Marketing from Boston College.
“We are very pleased to welcome these industry veterans who bring a wealth of experience to our Fixed Income Capital Markets platform which continues to enjoy robust expansion”, said Armand Pastine, Executive Managing Director and head of Maxim Group’s Fixed Income Division. Earlier this year, Maxim Group hired ABN AMRO Bank veteran James Gallagher as head of Institutional Fixed Income Trading and former Barclays director Peter Glinert as a managing director of Corporate Bond Trading. The firm also recently named former Goldman Sachs Vice President and Barclays Director, Colin Campbell as managing director of Structured Credit Sales & Trading.