About CastleOak

The CastleOak Advantage

Boutique expertise at scale

CastleOak Securities, L.P. is a boutique investment bank focused on the capital markets serving a broad array of corporate, governmental and institutional clients.

The firm has grown to approximately 75 professionals, with an average of 24 years of experience, across a total of 6 offices.

Headquartered in New York City, the firm specializes in primary and secondary sales and trading of fixed income, equity, and money market securities.

National Minority Supplier Development Council (NMSDC) certification

Headquartered in New York City, the firm specializes in primary and secondary sales and trading of fixed income, equity, and money market securities.

Global electronic equity trading platform offering clients 24/6 market access that assisted in repurchasing over $650M shares of stock for over 25 corporate clients.

Since its founding in 2006, CastleOak has assisted its clients on public offerings totaling over $5 trillion.

CastleOak Complementary Distribution

Differentiated Distribution Network

CastleOak's distribution network helps issuers diversify their order book with Tier II-IV investors. These tiers are often overlooked due to their smaller size or more restrictive trading styles.

CastleOak specializes in delivering issuers differentiated distribution through unparalleled ties to unique investors who are minority-owned, public and emerging investment managers.

We proactively target long-term holders to help issuers meet their investor diversification objectives and complement our bulge-bracket peers' focus.

Key Metrics

$5T+

Capital Raised for Clients

2006

Year Founded

~75

Professionals

Office Locations

100%

Employee Owned

History & Milestones

2006

CastleOak is founded by David Jones, Nathaniel Christian and Philip Ippolito

Broker-Dealer approved by FINRA; strategic partnership with Cantor Fitzgerald
Approved as underwriter for the Federal Home Loan Banks and Freddie Mac

2007

Expanded into equities
Received first share repurchase mandate
First lead-managed corporate underwriting

2009

Named by the Federal Reserve Bank of NY as 1 of 4 non-primary dealer TALF Agents

2010

Approved as underwriter for Fannie Mae and Farmer Mac
Hired a leading Treasuries, Agencies and Money Market team

2011

Established money market fund portal, Money Fund Access in partnership with State Street Global Markets

2012

NASDAQ Closing Bell ceremony commemorating milestone of assisting clients in raising over $1 trillion in securities

2013

Became the first and only minority-owned underwriter of IFC debt; became an underwriter of TVA debt

2015

Surpassed $2.0 trillion mark in underwriting

2016

Launched electronic bond trading platform (DirectPool) in partnership with Bloomberg, L.P.
Added Quantitative Program Trading in Equities

2017

Launched International Trading in Equities
Launched CastleOak equity trading algorithms

2018

Advisory Assignment from Fortune 500 company to evaluate strategic alternatives for non-core business

2019

DirectPool rolls out high yield trading capability and expands into a new product market

2020

Became 100% employee-owned with Executive Partner buyout of strategic investor (Cantor Fitzgerald)

DirectPool achieves 40% YOY volume growth rate

2021

CastleOak US Government and Prime Money Fund Share Classes established in partnership with Morgan Stanley Investment Management

Brand refresh of website and marketing materials, opening of new NY headquarters
Enhanced employee benefits package

2022

Surpassed $4 trillion in underwriting
Announced new charitable giving component to Money Fund Share Class products

2023

Expanded electronic trading capabilities with Bloomberg into US Treasuries

2024

Launched PCA business

2025

Expanded New York headquarters

2026