Mr. Lockwood serves as the Chief Investment Officer of Piton. He also serves as Portfolio Manager of the ClearShares Piton Intermediate Fixed Income ETF (NYSE: PIFI). He has over twenty years experience managing Fixed Income portfolios. Prior to joining Piton, Mr. Lockwood was a Senior Portfolio Manager and Head of the Fixed Income Division in the Private Bank Investment Group, Americas at HSBC. There, he served as the global head of discretionary fixed income management for the bank. Mr. Lockwood chaired the Fixed Income Strategy Committee for the US Curve for both local and global investment groups at HSBC, as well as managing commingled and segregated taxable and tax-exempt assets, including HSBC common funds and short and intermediate duration mandates (2.5+ Billion USD).

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Prior to HSBC, Mr. Lockwood worked as the Fixed Income Manager at Ramius Capital Group and DLJ/Credit Suisse Asset Management. Mr. Lockwood has a BA from Villanova University and is a Chartered Financial Analyst. He is a member of the CFA Institute, the New York Society of Security Analysts (NYSSA) and is past Treasurer of the Treasury Securities Luncheon Club of New York.