Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the appointment of Mickey Schleien, CFA, as Managing Director and Senior Analyst, “leading equity research coverage of Business Development Companies (BDCs) and Collateralized Loan Obligation (CLO) closed-end funds.”
He will report to Director of Research Mara Goldstein.
Schleien brings three decades of capital markets “experience to Clear Street, with deep expertise in BDCs and CLOs.” He joins the firm from Ladenburg Thalmann & Co., “where he spent more than 18 years producing research coverage across the BDC and CLO fund sectors.”
Prior to that, Schleien held senior research positions “at several prestigious financial institutions, including Lehman Brothers, UBS, James Capel (HSBC) and Morgan Stanley.”
As noted in the update, Clear Street is modernizing the brokerage ecosystem with financial technology and services that “empower market participants with real-time data and best-in-class products, tools and teams, to navigate capital markets around the world.”
Complemented by white-glove service, Clear Street’s cloud-native product suite delivers financing, derivatives, execution “to power client success, adding efficiency to the market and enabling clients to minimize risk, redundancy and cost.”
Clear Street’s goal is to create a single platform “for every asset class, in every country and in any currency.”
As covered recently, Clear Street announced that Chris Tufano has joined as Head of Clearing. Tufano joins following Clear Street’s 2024 launch of “professional clearing services for registered market markers in listed U.S. equities, which was the first successful entry into the professional clearing market in close to a decade.”
As Head of Clearing, Tufano will focus on “building client relationships and advancing globally consistent clearing capabilities that are scalable, efficient and aligned with evolving regulations.”
He will work closely with Clear Street’s “trading, risk, operations, technology and client service teams to deliver a robust clearing platform and client experience, while also overseeing margin, collateral and settlement processes across the business.”
Tufano brings more than two decades of industry experience and joins Clear Street from Bank of America, where he served “as a Managing Director, a member of the Board of Directors, and the Global Head of Clearing and Prime Brokerage Platform Transformation.”
