Our Team

Thomas E Deegan

Chief Executive Officer
Tom is the CEO and Founder of Clearshares, LLC. In addition to directing firm-wide strategy, he has been the key architect of the firm’s innovative investment solutions for investors in the ETF market. Prior to founding Clearshares, he served as Chief Operating Officer of Clearbrook, LLC, a financial advisory firm. As Chief Information Officer for Long-Term Capital Management (LTCM), he had responsibility for all data, technology, and site activities across offices in Greenwich (US), London and Tokyo. After his tenure at LTCM, Tom was a Founding Partner and Chief Operating Officer at GlobeOp Financial Services, a provider of outsourced middle, back-office and fund administration services for the hedge fund community; now a division of SS&C Technologies. He is active in his local community and participates on several non-profit Boards. Tom received a Bachelor of Engineering from Manhattan College and an MBA from Iona College.

Frank J Codey

Chief Operating Officer
Frank spent 21 years at Bear Stearns running the Fixed Income Prime Brokerage business, and then ran the combined businesses of each firm during the merger with JP Morgan. After leaving JP Morgan, Frank was the Chief Operating Officer at Equinox Funds Management, an advisor to alternative strategy mutual funds, and was President of their distribution brokerdealer, Equinox Group Distributors. As an independent consultant, Frank has advised global banks, broker-dealers, RIAs, and technology service companies in the areas of clearing and operations, business acceleration, and data analytics. Frank has developed and distributed several financial technology applications and tools associated with fixed income trading services, sales segmentation and distribution, and Robotic Process Automation (RPA). Frank holds a BS in Business with a Finance concentration from Boston University, and a Master of Science in Analytics degree from Villanova University, where he is also an Advisory Council member at the Center for Business Analytics.

Al Gilmore

Chief Compliance Officer
Al  is Clearshares outsourced  Chief Compliance Officer via his consulting practice Princeton Consulting.  Prior to forming his own firm, Al worked at the New Jersey Bureau of Securities as an enforcement attorney focusing on securities fraud matters. Previous experience has also included working at a large New Jersey law firm focused on investment advisory and broker dealer regulatory matters, representing firms and individuals in FINRA securities arbitration matters, and working in the compliance departments of large investment banks including Morgan Stanley and Goldman Sachs & Co., Inc.
 

OCIO ETF Investment Team


The ClearShares' OCIO ETF investment team has multi-market cycle, multi-asset class experience, including a track record in alternative investments.

Brian Lockwood, CFA

Portfolio Manager
  • Portrfolio Manager, Piton Investment Management
  • Sr Portfolio Manager, HSBC
  • Fixed Income Manager, Ramius Capital Group
  • Fixed Income Manager, DLJ / Credit Suisse Asset Management
  • Chartered Financial Analyst
  • New York Society of Security Analysts (NYSSA) 
     
  • EDUCATION:
    • Villanova University, B.A. 

Dan Hughey, CFA

Portfolio Manager
  • Portrfolio Manager, Piton Investment Management
  • Portfolio Manager, HSBC
  • Chartered Financial Analyst
 
  • EDUCATION:
    • Hofstra University, B.B.A. in Finance (magna cum laude)

OPER ETF Investment Team


The ClearShares' OPER ETF investment team has has extensive experience in the REPO market over a broad range ofmarket cycles.
 

James Fortescue

Portfolio Manager
  • Founding Partner, Piton Investment Management
  • Chief Operating Officer, Annaly Capital Management
  • Director, RCAP Securities (FINRA Regulated Broker Dealer)
  • Director, Shannon Funding LLC (Warehouse Lending Company
    Federal Reserve Bank of New York - Financial Stability Board Panel
  • US Treasury & Risk Management Association Securities Lending & Borrowing Legal & Regulatory Round Table - Markets Stability Panel
 
  • EDUCATION:
    • Siena College, B.S. in Finance
    • New York Institute of Finance,  Mortgage Backed Securities Studies

Frank Codey

Portfolio Manager
  • President, Equinox Group Distributors
  • Chief Operating Officer, Equinox Fund Management
  • Director of Operations, Funding, & Risk, Braver Stern Securities
  • Executive Director & Product Manager, Fixed Income Securities Prime Brokerage, JP Morgan.
  • Senior Managing Director,  Bear Stearns & Co. Fixed Income Prime Brokerage, specializing in mortgage and structured products.
  • The Center for Business Analytics, Villanova University - Advisory Council
  • Accordo Compliance Solutions - Advisory Board
 
  • EDUCATION:
    • Boston University, B.S. in Business, Finance concentration
    • Villanova University, M.S. in Analytics 

Tara Spillane

Trader
  • Senior Vice President, Piton Investment Management
  • Portfolio Management Team, Annaly Capital Management
 
  • EDUCATION:
    • Saint Joseph's University, B.S. in Business Administration, Finance concentration.

PIFI ETF Investment Team


The ClearShares Piton Intermediate Fixed Income ETF (PIFI) investment team has multi-market cycle, multi-asset class experience. 

Brian Lockwood, CFA

Portfolio Manager
  • Portrfolio Manager, Piton Investment Management
  • Sr Portfolio Manager, HSBC
  • Fixed Income Manager, Ramius Capital Group
  • Fixed Income Manager, DLJ / Credit Suisse Asset Management
  • Chartered Financial Analyst
  • New York Society of Security Analysts (NYSSA) 
 
  • EDUCATION:
    • Villanova University, B.A. 

Ralph Chan

Portfolio Manager
  • Vice President & Senior Trader, HSBC
  • Trade Specialist, Brown Brothers Harriman and Company

EDUCATION:
  • Baruch College, B.B.A.(cum Laude) Finance and Investments

Associates

Flynn Coffey

Research Analyst / Intern
University of Alabama - 2nd Year
  • Assisted in market research for Exchange Traded Funds.
  • Sourced performance data and performed analysis of competitor fund offerings  
  • Assembled fund information for SEC filings and future fund marketing.

Jason Liu

Research Analyst / Intern
New York University - 3rd Year
  • Managed project to acquire and process new datasets for sales segmentation utilizing Python
  • Assisted in developing new data model for digital marketing SQL database
  • Designed data extraction process for users for sales segmentation

 

Griffen Coffey

Summer Intern 2020
Fairfield Preparatory School - Senior
  • Assisted in market research for a new Fixed Income Exchange Traded Fund.
  • Assembled fund information for regulatory filings and future fund marketing.

Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by clicking here for OCIO,here for OPER and here for PIFI. Please read the prospectus carefully before you invest.

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may only be acquired or redeemed from the fund in creation units. Brokerage commissions will reduce returns. Additional risks include, but are not limited to, investments in debt securities including high yield and mortgage and asset backed securities, foreign and emerging markets securities, REITs, MLPs, small-and mid-cap securities, and investment in other ETFs. The fund invests in other investment companies and bears it proportionate share of fees and expenses of other investment companies. Please refer to the prospectus for additional risks of investing in the fund.

References to other mutual funds should not be considered an offer to buy or sell those securities.

The ClearShares OCIO ETF, OPER ETF and PIFI ETF are distributed by Quasar Distributors, LLC. ClearShares LLC. is an independently owned and operated investment advisor.