Bill Carabasi has been picked to be Bancroft Capital LLC’s new director of municipal sales, the firm announced on Tuesday.
Bancroft Capital is a certified Service-Disabled Veteran-Owned Small Business (SDVOSB), operating an Institutional Broker-Dealer and Investment Advisor.
Carabasi has 37 years of sales and trading experience in the fixed income and municipal bond markets.
He was most recently at George K. Baum & Co., where he focused on the municipal bond market for the past 27 years. He began his career at Kidder Peabody & Co. in 1981.
“Bill Carabasi is a game changer for Bancroft’s municipal department,” said Bancroft Capital founder and CEO Cauldon Quinn. “Not only does Bill bring seasoned relationships and many years of experience, he is equipped with a tried-and-true process for servicing all types of municipal customers. Bill’s leadership will not only be instrumental to the growth of our municipal department but also to the training of our Veteran Candidates.”
A graduate of Princeton University, Carabasi grew up in Philadelphia. He holds FINRA SIE, Series 3, Series 7 and Series 63 licenses.
“I am excited to have the opportunity to contribute to the growth of Bancroft Capital in the coming years,” Carabasi said. “It’s an honor to join the firm and be a part of its mission to support veterans.”
Bancroft Capital has offices in Los Angeles, Chicago and New York City; its headquarters located just outside Philadelphia in Fort Washington, Pennsylvania.
