Loop Capital Markets

Jim Reynolds founded Loop Capital in 1997 and serves as its Chairman and CEO. Reynolds previously worked in municipal finance at John Nuveen & Co. and has been a prominent figure in Chicago finance. The firm remains under his majority ownership (public record).

Loop Capital provides municipal bond underwriting, equity and fixed-income sales and trading, M&A advisory, and private capital raising. The firm is organized into three divisions: Public Finance, Capital Markets, and Investment Banking.

Loop Capital is a broker-dealer and investment banking firm, not a family office. It does not manage pooled funds for external investors in the traditional asset-management sense; instead it underwrites securities, provides advisory services, and engages in principal trading.

Loop Capital engages in principal trading through its broker-dealer license, but does not publicly disclose a portfolio of direct equity investments in private companies. Its primary deployment is in underwriting and advisory fees, not long-term balance-sheet investments.

The firm is headquartered in Chicago and has offices in New York, San Francisco, Atlanta, and Los Angeles. Its client base is primarily US-based, focusing on states, municipalities, corporations, and institutional investors.

It is the largest Black-owned investment bank in the United States, which gives it unique access to municipal issuers and corporate clients seeking diverse-led underwriting. It focuses on municipal debt and mid-market corporate advisory rather than competing bulge-bracket firms across all product lines.

The firm operates the Loop Capital Community Foundation, which supports financial literacy programs and minority-owned business development. No public disclosure of foundation assets or annual grant totals is available.