Maxim Group LLC Expands Fixed Income Department With the Appointment of a Managing Director

NEW YORK, NY--(Marketwire - May 30, 2012) - Maxim Group LLC, a leading full service investment banking, securities and wealth management firm, announced the appointment of Larry Haag, Managing Director, Head of Fixed Income Sales and Head of High Yield & Distressed.

Mr. Haag is a former Co-Head of Global Sales and Co-Head of Corporate Credit at Cantor Fitzgerald, and possesses more than two decades of experience assembling and managing high quality client-facing businesses in the fixed income markets. Larry's leadership roles range from bulge bracket to regional and boutique firms, canvassing the full spectrum of institutional and corporate clients.

Christopher Fiore, President and Head of Capital Markets of Maxim Group, said, "Larry brings with him a wealth of experience and success, and I am extremely delighted he accepted this leadership role in our fixed income business. The continued growth of our institutional investor relationships is a cornerstone to meeting the capital markets needs of our strong and growing investment banking business."

Jamie Terranova, Head of Fixed Income, said, "Execution capability across the full capital structure is paramount to our institutional clients. Larry's history of building successful fixed income distribution platforms will greatly advance our ability to service the needs of Maxim Group's customers."

Mr. Haag said, "Maxim Group services the investment banking and capital markets needs of today's growth companies and fixed income is an integral component of their financing equation. I look forward to being a part of this extremely well positioned firm's future and growth."

Mr. Haag was most recently with Keefe, Bruyette & Woods and prior at Cantor Fitzgerald where he held roles as Co-Head of Global Fixed Income Sales and Co-Head of Corporate Credit, Raymond James & Assoc. as Northeast Regional Sales Manager developing that firm's fixed income foothold in the northeast and PaineWebber as a Director in fixed income sales and sales management.

About Maxim Group LLC

Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading as well as equity research. The investment banking group focuses on middle market and emerging growth companies within the shipping, energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.