Loop Capital Managing Director, Alan Gould, joins “Squawk on the Street” to break down his thoughts on Disney (DIS).
“There has been too much investment in streaming by the whole industry,” said Gould.
Learn more here.
Alan Gould, a Managing Director on Loop Capital’s Equity Research Team, was recently featured in Forbes in a piece on the potential of a sale process for Worldwide Wrestling Entertainment (WWE).
Gould notes, “it would be highly logical to run a parallel path of a sale process and a US media rights licensing process,” as the value of sports and live entertainment rights are at all-time highs.
Read the full article here.
We are excited to be hosting our 4th Annual Loop Capital Markets Investor Conference March 13th (virtual) and March 14th (at the Lotte Palace Hotel in NYC). We expect to host 200+ companies for 1x1s and group meetings. There will also be five panel presentations. Please contact your Loop representative for additional information.
Loop Capital Managing Director, Anthony Chukumba, joins Yahoo Finance Live to discuss Ollie’s Outlet amid the holiday shopping season, consumer spending, recessionary fears, U.S. inflation, Fed rate hikes, and the outlook for retailers going into 2023.
https://news.yahoo.com/bed-bath-beyond-just-wrapped-154141153.html
CHICAGO, November 2, 2022 – Loop Capital, LLC today announced its acquisition of Smith Graham & Co. Investment Advisors’ (“Smith Graham”) fixed income investment management assets effective November 1, 2022.
Loop Capital, LLC purchased $3.4 billion fixed income assets under management from Smith Graham. The acquisition will bring Loop Capital’s subsidiary, Loop Capital Asset Management‘s (LCAM), total assets under management to nearly $10 billion and increases the number of investment management professionals servicing its clients to over 30 employees.
The transaction with Smith Graham is Loop Capital’s second in the asset management space, having acquired the U.S. fixed income business from the BMO Global Asset Management earlier in the year.
“At Loop Capital, we view market volatility as an attractive opportunity to increase the number of solutions we offer our clients and partners.” said Jim Reynolds, Chairman and CEO of Loop Capital. “Asset management is a strategic growth engine for Loop, and this transaction increases our scale, while also enhancing the fixed income solutions, particularly in the area of liquidity solutions,” said Reynolds. Gerald Smith, Chairman of Smith Graham added, “The combination of our two asset management teams creates a tier-one fixed income solutions provider, managing assets across the entire fixed income spectrum– from cash management to LDI strategies.”
As Loop Capital looks to its future in asset management, the company does not rule out further engagement with external talent, despite the volatile markets. Scott Kimball, CIO of LCAM added, “For our team, Loop Capital provides us with an entrepreneurial partner whose investment into asset management is just ramping up at a time many are looking to scale back.” Adam Phillips, Head of Business Development for LCAM concurred, “In markets like the one we’re currently experiencing, a growth mindset is critical as we continue to invest in our team and extend our investment process into new and exciting strategies and vehicles.”
About Loop Capital Markets
Loop Capital is a full-service investment bank, brokerage and advisory firm that provides creative capital solutions for corporate, governmental and institutional entities across the globe. Loop Capital’s reputation for integrity and service – coupled with the firm’s track record of success – has allowed the firm to serve an expanding number of clients from coast-to-coast and globally. The firm continues to grow because clients continue to ask them to do more for them. The firm’s uncompromising commitment to excellence means that clients get superior, focused service across the entire platform.
Media Contact:
Celeste Wright Harris
We are excited to be hosting our 3rd Annual Loop Capital Markets Investor Conference June 1st (virtual) and June 2nd (at the Westin New York at Times Square). We are hosting 150 companies for 1x1s and group meetings. There will also be 5 additional panel presentations. Please contact your Loop representative for additional information.
Loop Capital Markets is hosting its third annual Investor Conference, including company meetings and panel discussions, June 1st (virtual) and June 2nd (at the Westin New York at Times Square). Please contact your Loop representative for additional information.
Scott Kimball, Managing Director at Loop Capital Asset Management, says the five and year treasury yields just briefly inverted for a moment. I think that the market may have been a bit off guard by how hawkish the Fed commentary was, with seven total hikes for 2022, he adds. He said the Fed did leave themselves a little bit of flexibility to address things in both directions. He sees the 10% sell-off in corporate bonds as an entry point. He says corporate balance sheets look great. Tune in for the full discussion.
CHICAGO, January 31, 2022 – Loop Capital, LLC (Loop Capital) today announced its acquisition of Taplin, Canida & Habacht, LLC (TCH), formerly part of BMO Asset Management Corp., effective January 28, 2022. The addition of the TCH team to the Loop Capital platform expands the firm’s asset management capabilities, which presently include infrastructure asset management through JLC Infrastructure. The terms of the deal are undisclosed. The newly rebranded asset management platform at Loop Capital will be known as Loop Capital Asset Management.
Founded in 1985, TCH is a Miami-based investment advisory firm, which specializes in fixed income account management, serving a broad array of institutional clients globally. Its team of professionals provides portfolio management for both public and private enterprises. The firm has $6.2 billion in assets under management as of December 31, 2021.
“Loop Capital is proud to accelerate our growth as a firm through the acquisition of the well-respected and talented TCH team. We are incredibly excited for what this expansion means to the strength of our future as a firm and our clients alike,” says Kourtney Gibson, President of Loop Capital.
Of the deal, Loop Capital Asset Management new Co-Head of Fixed Income and Head of Investments, Scott Kimball has this to say: “This transaction preserves the TCH investment culture and returns our firm to its roots as a boutique asset manager under the umbrella of a highly respected, minority-led firm with whom we share the same core values. Both TCH and Loop Capital have a history of providing our clients with superior performance and exemplary service while promoting a diverse and inclusive environment for our employees. We could not be more excited to take our legacy forward with Loop Capital Asset Management.”
The acquisition provides Loop Capital with a foundation to broaden its service offerings and builds upon the success of the firm’s steady and growing asset management business and capabilities.
“As we look to the future of this business, we believe this combination is one of the best possible opportunities for our team. We could not be more excited about joining Loop Capital Asset Management and what it means for our clients, our culture and our team,” says Adam Phillips, Managing Director and new Co-Head of Fixed Income at Loop Capital Asset Management.
Jim Reynolds, Chairman and CEO of Loop Capital says, “Loop Capital and TCH share a decades-long working relationship, and I’m pleased that it has led to this moment. Our team looks forward to the value this new extension of services provides to our clients.”
About Loop Capital Markets
Loop Capital is a full-service investment bank, brokerage and advisory firm that provides creative capital solutions for corporate, governmental and institutional entities across the globe. Loop Capital’s reputation for integrity and service – coupled with the firm’s track record of success – has allowed the firm to serve an expanding number of clients from coast-to-coast and globally. The firm continues to grow because clients continue to ask them to do more for them. The firm’s uncompromising commitment to excellence means that clients get superior, focused service across the entire platform.
Media Contact:
Jorian Seay-Saunders | Jorian.Seay@loopcapital.com
