IN Capital

Incapital LLC, founded in 1999 by Thomas S. Ricketts, also Executive Chairman of the Chicago Cubs, was a significant financial firm. Headquartered in Delray Beach, Florida, with additional offices in Chicago, Illinois, Incapital specialized in the origination, underwriting, and distribution of fixed-income and market-linked securities. Its robust business model focused on providing these essential securities to both retail and institutional investors. This was achieved through an extensive and well-established network comprising over 800 broker-dealers, banks, and wealth-management firms, ensuring broad market access to a diverse array of fixed-income products. With approximately 150 employees, Incapital maintained a substantial market presence in the financial sector. A pivotal development occurred in February 2021 when Incapital merged with San Francisco-based 280 CapMarkets, creating InspereX, a new fintech broker-dealer dedicated to enhancing fixed-income price transparency.