MAXIM GROUP LLC Expands Institutional Sales Platform With the Appointment of a Veteran Healthcare Sales Professional

NEW YORK, NY--(Marketwired - Mar 31, 2014) - Maxim Group LLC, a leading full service investment banking, securities and wealth management firm announced the appointment of Pascal Besman as Director of Institutional Healthcare Sales. He is charged with expanding Maxim Group's product offerings to institutional investors focused on the emerging biotechnology and specialty pharmaceutical sectors.

"Maxim Group has built one of the premier proprietary healthcare research platforms on Wall Street. Mr. Besman's 30 years of financial industry experience coupled with his extensive relationships with corporate executives and opinion leaders make him an ideal addition to our expanding Healthcare Team," said Christopher J. Fiore, President and Head of Capital Markets for Maxim Group. Mr. Besman added, "Healthcare is an important vertical at Maxim Group, and I am delighted to be leading the Firm's efforts to expand its platform and product offerings to the institutional community."

Prior to joining Maxim Group, Mr. Besman spent eight years at JMP Securities as head of their specialty healthcare sales force. Previously, he held positions at ThinkEquity, UBS Financial Services, Bear Stearns, Lehman Brothers and Merrill Lynch. He is well known for his Lazy Man's Morning Notes and The Buzz publications. Mr. Besman holds a B.Sc. from the London School of Economics.

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, equity research and prime brokerage services. 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 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 Investor Protection Corporation (SIPC); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.