May 11, 2009
2. Loop Capital Markets L.L.C.
Founded by James Reynolds’ Jr. and Albert R. Grace Jr., Loop Capital Markets L.L.C. is the nation’s largest black-owned investment firm. The Chicago-based company specializes in taxable, tax-exempt, and equity sales/trading, as well as municipal, public, and corporate financial advisory derivatives and analytical services.
Since its inception, the firm has participated in $800 billion of underwritings in the equity, tax-exempt, and taxable fixed income capital markets.
Most recently,Â the firm co-managed a three tranche Boeing Company bond deal totaling $1.85 billion, a $5 billion bond deal issued by Chevron Corp., and a senior unsecured, $1 billion fixed-rate PepsiCo, Inc. bond deal.
The firm currently operates 15 offices across the U.S. including California, Connecticut, Illinois, Louisiana, Maryland, Michigan, New York, North Carolina, Ohio, Texas and the District of Columbia.