Title: Managing Director, Municipals
Firm: Bancroft Capital
Age: 38
In five years at Bancroft Capital, Michael Ivcic founded and then expanded its public finance underwriting and syndication operations from just himself to a 15-person team.
Michael has attracted and retained seasoned muni professionals to work for the firm, said
Villanova said when she met Michael she recognized he didn't have the traditional educational background in finance or economics but, "I could tell right away that his enthusiasm, strong work ethic, outgoing nature and eagerness to connect with everyone he met was going to serve him well in munis, a business where relationships still mean everything."
Bancroft Capital CEO Cauldon Quinn said, "Mike Ivcic has grown his career with a wealth of intellectual ability, a thirst to learn, and an enduring humility to understand that he does not 'know it all.' In only a few years' time Mike has built a full-service municipal operation with capabilities approaching those of a regional bank. I am humbled to have participated in the growth of his career and eager to see the heights which he will achieve."
Michael is a member of the National Federation of Municipal Analysts' Diversity, Equity & Inclusion Committee and the Government Finance Officers of America's Communication Committee.
Many Bancroft Capital professionals are U.S. military veterans. "I was fortunate to have good mentors during my transition from broadcasting [work] to business," Michael said. Now he mentors new employees and "knowing that I'm helping those who have served our country in the military is incredibly fulfilling."
During his free time Michael likes to play ice hockey, golf and listen to music, "but with three young kids my hobby time is pretty limited right now."
