Loop expands public finance team

Chicago-based Loop Capital Markets LLC has brought on three new hires, including one that will open the firm’s first Philadelphia office, as part of its effort to build out its northeast and Texas public finance business.

The hires of Jaimie Scranton, Doug Adams and Christopher Dinno follow the firm’s hiring in March of four senior bankers from now-shuttered Citi and UBS.

“We’re continuing to grow our business in this dynamic landscape,” said Jim Reynolds, chairman and CEO of Loop in a statement announcing the hires. “We see tremendous
growth opportunities as we continue to serve our clients on both the issuance and investor sides.”

The firm brought on Scranton in September as managing director and head of the firm’s surface transportation sector. Scranton, who will be based in Boston, most recently was a director at Barclays. Before that she was at Jefferies, UBS and JP Morgan.

Adams joined Loop in July as a vice president and opened the firm’s newest office in Philadelphia. He comes from Echo Financial Advisory and before that worked as a public finance banker with PNC and Citi.

Dinno joined Loop in August as an associate in its New York office. Dinno comes most recently from Samuel A. Ramirez and Co., Inc, where he worked for just under three years.

“We are looking to grow nationally, emphasizing Texas and the northeast,” Loop’s head of public finance Bo Daniels said in a statement. “This new group of bankers further underscores that strategy, especially in the northeast. The market is strong right now, and we expect that to continue into next year.”

Loop is ranked 16th in senior manager rankings of negotiated transactions so far this year, with a par amount of $4.817 billion, according to LSEG.