Loop Capital completed the acquisition of fixed income investment management assets of Smith Graham.

Loop Capital, a full-service investment bank, brokerage, and advisory firm, completed the acquisition of fixed income investment management assets of Smith Graham, a provider of investment advisory services. Financial terms were not disclosed. “At Loop Capital, we view market volatility as an attractive opportunity to increase the number of solutions we offer our clients and partners. 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,” Jim Reynolds, Loop Capital Chairman and CEO.