20 August 2012

Incapital opens office in Toronto, Canada

Boca Raton, Chicago and Toronto – 20 August 2012 – Incapital, a leading underwriter of fixed income securities and financial products, today announced that it is expanding its footprint to the Canadian market by opening an office in Toronto. 

"This move is a logical extension of our Incapital franchise,” said John Radtke, CEO of Incapital LLC. “For over 10 years, we have worked with many of the leading Canadian banks and dealers across a wide variety of product sectors. We look forward to expanding and solidifying our relationships in Canada by providing the Canadian market access to Incapital’s platform of global issuers.” 

Incapital Canada will further the firm’s reach as a leading provider of financial products to securities dealers, banks, institutions and wealth managers throughout North America. In the United States, Incapital has underwritten and distributed more than $70 billion of financial instruments over the past 12 months. 

Jason Wilson has been appointed President of Incapital Canada. “There is a growing demand throughout Canada for higher yielding investments and a shortage of supply,” said Mr. Wilson, a native of Canada. “We believe our robust pipeline of fixed income securities, originated by many of the world’s leading financial institutions, will fill a significant void in the market. Over time, we will look to expand into a variety of investment products.” 

Mr. Wilson joined Incapital in 2010 and will oversee the management and strategic direction of Incapital Canada. He also serves as co-head of Strategic Initiatives at Incapital LLC. In this role, he is responsible for overseeing and implementing new business directives, including the creation and distribution of fixed and indexed annuities, unit investment trusts, and other packaged investment products. Prior to joining Incapital, Mr. Wilson was Director, Global Markets Division - Cross Asset Solutions at Société Générale, where he was responsible for SG’s Canadian retail distribution effort. Before joining Société Générale, Mr. Wilson was an Executive Director at CIBC World Markets in Toronto. 

The Toronto office will follow Incapital’s U.S. business model, focusing on capital markets, institutional sales and trading. The products will be made available to retail customers through Canadian dealers and banks. 

Incapital was founded in 1999 with the mission of providing securities firms and individual investors more efficient access to corporate bonds. While Incapital's expertise in underwriting and distributing investment-grade corporate bonds remains a core competency, the firm now underwrites securities across multiple asset classes. In addition to its broker-dealer and bank partners, Incapital now serves institutional investors and wealth managers. With over 160 employees in North American offices, the firm represents over 300 issuing entities and serves 800+ distribution partners. 

Source: Incapital