CHICAGO & BOCA RATON, Fla.--(BUSINESS WIRE)--Incapital LLC, a leading underwriter and distributor of fixed income securities, today announced that Paul Mottola has joined the firm as Head of Capital Markets. He reports directly to CEO John DesPrez and will also be a member of the Executive Committee.
In this role, Mr. Mottola will lead the Capital Markets team and drive the firm’s industry-leading InterNotes® program to offer individual investors access to new issue corporate debt.
“Paul is an accomplished executive with proven success leading and building businesses in capital markets, product origination, trading and business development,” said John DesPrez, CEO of Incapital. “He will be an essential component to our success and growth by identifying and implementing strategic initiatives to drive stronger awareness of our fixed income offerings and capabilities, including InterNotes®.”
Throughout his distinguished career, Mr. Mottola has held various leadership positions, including 20 years at Merrill Lynch, where he was Head of Equity and Fixed Income Syndicate for the Global Wealth Management Division, and six years at Barclays Wealth and Investment Management as the Head of the Trading and the Capital Markets platforms. Most recently, Mr. Mottola was a Managing Partner at PCM Management Consulting, LLC.
“Incapital has distinguished itself as an industry leader, not just through its pioneering InterNotes® program, but in the broader fixed income marketplace as well, providing fixed income solutions for both retail and institutional investors,” said Mottola. “I am honored to be joining such a sophisticated team and am inspired to drive continued success for Incapital and our clients.”
Mr. Mottola earned a bachelor’s degree in finance from Providence College; he also earned an MBA from Monmouth University. He is an approved FINRA dispute resolution arbitrator and has served on the SIFMA fixed income committee. Mr. Mottola will be based in the Boca Raton office.
Since offering the world’s first InterNotes® in 2001, Incapital has issued more than $180 billion for companies including Dow Chemical, GM Financial, Goldman Sachs, Prudential Financial and Verizon Communications. For more information about Incapital’s InterNotes® program, click here.
About Incapital LLC
Incapital was founded in 1999 and today is a leading underwriter and distributor of securities to more than 800 broker-dealers, institutions, asset managers, RIAs and banks. The firm represents more than 300 issuing entities and has underwritten more than $460 billion in securities. Since expanding the capital markets product base in 2012 to include preferred stock, Incapital has participated in the underwriting of more than $115 billion in debt and preferred stock. The firm is headquartered in Chicago, IL and has a principal office in Boca Raton, FL. Further information is available at www.incapital.com.