Press Release

Mesirow launches Structured Debt capabilities as part of firm’s strategic expansion in Florida and U.S. Southeast

•    Firm hires Patrick Leary as Managing Director, Institutional Sales and Trading, responsible for leading Mesirow’s new Structured Products group

•    Role is part of firm’s strategic expansion in Florida and the Southeast; initial focus on Capital Markets, Wealth Management and Retirement Advisory Services

CHICAGO, November 16, 2021 – Mesirow, an independent, employee-owned financial services firm, today announced Patrick Leary has joined as a Managing Director in Mesirow Institutional Sales and Trading. Leveraging more than 20 years in the fixed income markets, Patrick will be based in Mesirow’s established Boca Raton office and will focus on building and overseeing Mesirow’s new Structured Debt capabilities. 

Patrick is the first of planned strategic hires in the region that will span the firm’s Capital Markets, Investment Banking, Wealth Management, and Retirement Advisory Services business lines and who will join senior Mesirow professionals in South Florida, including Jeff Lew, Senior Managing Director, Institutional Sales and Trading and head of Mesirow’s Miami office.

“Patrick brings specific skills that will broaden our ability to serve our clients,” said George Barbar, Senior Managing Director and head of regional expansion. “His perspectives on global macroeconomic and bond market trends will generate deep value as we continue to develop customized, differentiated financial solutions. Patrick’s new role reflects our commitment to this key market as well as increasing our philanthropy and connectivity with the local business community throughout the region. We are pleased to welcome him to our team.”

“We are excited to offer new Structured Debt capabilities that will enable institutional clients of the firm, as well as high net worth investors in Mesirow Wealth Management, to own corporate names, hedge their equity ownership, and increase the yield potential of their overall portfolio,” said Jeff Levine, Chief Operating Officer, Institutional Sales and Trading.

Patrick joins Mesirow from InspereX, formerly Incapital, where he served as Head of Trading and, most recently, as Chief Market Strategist and senior trader. Over the course of his career, which also encompasses roles at Primevest Financial and R. Seelaus & Co., Patrick has traded rate products, corporate bonds, mortgage-backed securities and municipal bonds and analyzed fixed income markets. 

“I am pleased to be joining Mesirow as the firm strategically expands its presence and service to clients and prospects,” said Patrick Leary, Managing Director. “I share the firm’s deep commitment to customizing diverse financial products and services and look forward to contributing to the firm’s strong momentum.” 

Patrick is on the board of the South Florida Bond Traders Association. Patrick earned a Bachelor of Science degree in finance and financial management services from St. Cloud State University. He holds FINRA Series 7, 24, 55 and 63 licenses. 

About Mesirow Institutional Sales and Trading
As part of the firm’s Capital Markets and Investment Banking unit, Mesirow Institutional Sales and Trading provides sophisticated market analysis, individualized service, customized investment strategies and market liquidity to serve institutional investors’ unique needs. With 60+ traders, sales professionals and analysts aligned by fixed income sector and $174 billion in annual trading volume as of March 31, 2021, the team oversees one of the nation’s most active trading desks. For more information, please visit: mesirow.com/institutionalsalesandtrading.

About Mesirow 
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with locations around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. To learn more, visit mesirow.com and follow us on LinkedIn.

Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top 100 RIA firms by Barron’s.

For more information:

Michael Herley | 203.308.1409

mherley@mesirow.com

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