A graduate of Harvard University (1969), Mr. Klein went to Wall Street where he held numerous positions with major firms. He was a Managing Director of Bear Stearns, running the media and entertainment division of the Investment Banking Group. In 1990, Mr. Klein left Bear Stearns and became the Senior Managing Director of Gruntal and Co., where he ran their new Los Angeles office. In 1994 he was approached by Lee Iacocca, the newly retired Chairman and CEO of Chrysler Corporation, to form a new boutique investment bank, Iacocca Capital Partners. After much success, Mr. Klein and the other partners bought Iacocca’s interest in the business and morphed the enterprise into a broker-dealer firm named The Klein Investment Group, which went on to engineer many mid-market deals.
Throughout these years, Mr. Klein was partnered in the San Diego Chargers NFL franchise and several champion thoroughbred race horses. He has been a principal in many real estate partnerships including large hotels, the Santa Monica Water Garden, and others.
Mr. Klein’s charitable foundation board memberships include the Cedars Sinai Medical Center.