Private company

Incapital

American financial-services company

Incapital LLC is an American financial-services company that originates, underwrites and distributes fixed-income and market-linked securities to retail and institutional investors through a network of more than 800 broker-dealers, banks and wealth-management firms. Headquartered in Chicago, the privately held company maintains major offices in Delray Beach, Florida. In February 2021 it announced a merger with San-Francisco–based 280 CapMarkets to create the fintech broker-dealer InspereX.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

2001Founded1
  • HeadquartersChicago1

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Incapital LLC is an American financial-services company that originates, underwrites and distributes fixed-income and market-linked securities to retail and institutional investors through a network of more than 800 broker-dealers, banks and wealth-management firms. Headquartered in Chicago, the privately held company maintains major offices in Delray Beach, Florida. In February 2021 it announced a merger with San-Francisco–based 280 CapMarkets to create the fintech broker-dealer InspereX.2

How it started

History

Incapital was founded in 1999 by Chairman Thomas S. Ricketts(also Executive Chairman of the Chicago Cubs) to provide securities firms and individual investors access to corporate bonds.

In 2000 the firm introduced the InterNotes programme, a continuous-offering shelf that allows corporate and agency borrowers to issue medium-term notes in US$1,000 denominations via Incapital’s web platform. By April 2008 InterNotes had channelled more than US$201 billion in retail bonds for 41 corporate issuers and several federal-agency borrowers. A 2003 variant—Inflation-Protected InterNotes—was launched jointly with Banc of America Securities to hedge retail investors against rising prices. Sovereign issuers also used the platform: in 2006 the Government of Mexico unveiled a retail funding exercise under the InterNotes banner.

From Wikipedia’s article on Incapital, shared under CC BY-SA 4.0.2

Timeline

  1. 2001Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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