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Announced

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Prysm Capital completed a $270m investment in Clear Street.

Synopsis

Prysm Capital, a growth equity firm, completed a $270m investment in Clear Street, a New York-based independent prime broker. “Our team has made incredible strides since our inception in 2018, and this additional funding is further testament to the value that we bring to our clients. Over the past year, the number of institutional clients on our platform increased by 500 percent and our daily transactional volume increased over 300 percent. We’re excited to keep this momentum with support from our continued partnership with Prysm,” Chris Pento, Clear Street Group Co-Founder and CEO.

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