Steven Simmons

Steven Simmons
Maxim Group

Emerging hedge fund managers may want to get to know Steven Simmons. He’s an outspoken critic of the smoke and mirrors that he believes many prime brokers use to try to sell small managers on their capital introduction programs. Simmons is in charge of boutique investment firm Maxim Group’s prime brokerage business.

Headquartered in New York City’s Chrysler Building, Maxim started expanding its prime brokerage business last year and recruited Simmons, 41, who had previously developed and headed prime services at two other boutique broker dealers, Terra Nova Financial and Lighthouse Financial. At Maxim, Simmons targets small funds, typically with $25 million to $50 million in assets, that would fall through the cracks at the larger prime brokers, helping them to secure the money they need to reach critical mass in what is still a highly challenging environment for rasing capital in the aftermath of the 2007–’08 financial crisis.

Click on the names below to read the profiles of the 30
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2011 Hedge Fund Rising Stars.
Name Firm
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Jennifer Fan Arrowhawk Capital Partners
Joshua Fink Enso Capital Management
Pierre-Henri Flamand Edoma Capital Partners
Gareth Henry Fortress Investment Group
Erez Kalir Sabretooth Capital Management
Katie Kalvoda Newport Wealth Management
Edward Keller Morgan Stanley
Andrew Laurino Credit Suisse
Svetlana Lee Varna Capital
Gary Lehrman Lombard Odier Investment Managers
Greth Lester Perella Weinberg Partners
Greg Lippmann LibreMax Capital
J. Jason Mitchell GLG Partners
Gaurav Patankar Lockheed Martin Investment
Management Co.
Craig Perry Sabretooth Capital Management
Scott Pittman Mount Sinai Medical Center
Gregory Racz Hutchin Hill Capital
Angela Samfilippo Pine River Capital Management
Jill Schurtz Robeco-Sage Capital Management
Jonathan Shafter Boston Provident
Steven Simmons Maxim Group
Scott Sinclair Cascabel Management
Faisal Syed Pamli Capital Management
Morgan Sze Azentus Capital Management
Oliver Wiener BTIG
Patrick Wolff Grandmaster Capital Management