Philadelphia 100 & Inc. Regionals Northeast, 2022


Bancroft Capital Managing Director of Municipals Michael Ivcic Recognized as One of The Bond Buyer’s Rising Stars for 2023

Posted: August 9, 2023

Bancroft Capital Managing Director of Municipals Michael Ivcic has been recognized among The Bond Buyer’s Rising Stars 2023.

 The Bond Buyer’s Rising Stars program, now in its eighth year, annually recognizes municipal finance professionals who have made a lasting impact on their community while exemplifying excellent leadership, outstanding collaboration skills, innovation, and creativity in their roles. These honorees, all younger than 40 years of age, are involved in a wide range of specialties within the municipal finance sector.

“Every year, this list of standout professionals reinforces that the future of the municipal finance business is in good hands,” said Michael Scarchilli, Editor-in-Chief of The Bond Buyer. “Thisyear’s honorees are emblematic of the brightness of the industry’s future, and of the depth of great talent that permeates this industry.”

Ivcic is responsible for spearheading Bancroft Capital’s entry into the new issue municipal market. He comes to Bancroft from Drexel Hamilton, where he spent five years in the municipal finance and syndicate department, including the last four as the Head of Syndicate. During his time at Drexel Hamilton, Ivcic oversaw the firm’s syndicate and RFP efforts, working closely with issuers, accounts, and other syndicate desks through each transaction. His experience there, coupled with his experience in a previous career as a news anchor and sports broadcaster, provides Ivcic with exceptional abilities to market any new issue offering to both salespeople and buy-side accounts. Ivcic is a graduate of the University of Dayton and hold Series 7, 52, 53, and 63 licenses from FINRA.

“We could not be more proud of Mike, or more grateful for his daily and long-term, significant contributions to this company and its mission,” said Bancroft Founder and CEO Cauldon Quinn.

 Co-founded in 2017 by Quinn, a disabled Navy veteran, Bancroft Capital is a certified Service-Disabled Veteran-Owned Small Business (SDVOSB) headquartered in Fort Washington, PA. As a for-profit company, Bancroft rises above the competition on the merit of value-added content and leadership derived from industry veterans with 40+ years of industry pedigree; and on the foundation of a commitment to offer meaningful training and employment to service-disabled veterans through Bancroft’s signature Veteran Training Program (VTP).

The Bancroft Veteran Training Program

Bancroft funnels profits, earned through its hard work and extensive knowledge, toward its commitment to helping restore disabled veterans to their rightful place as leaders in our society and communities, but first and foremost as providers for their own families. Launched by Bancroft Capital in 2019, the VTP puts disabled veterans and first responders in a position to develop a skill set capable of supporting a new career as Institutional Traders and Investment Bankers.

For more information about Bancroft’s Veteran Training Program, please visit

Bancroft Capital has also been recognized by the Philadelphia Business Journal as a Soaring 76 company; has been named to the Philadelphia 100 list in 2021 (as the #1 fastest growing company in the region) and in 2022; and was recognized by Inc. as a fasting growing company in the Northeast Region by Titan 100 in 2021.

Bancroft holds significant certifications and affiliations which illustrate its national significance in the veteran, higher education and business sectors, including: Service-Disabled Veteran-Owned Small Business (SDVOSB); Elite SDVOB Network, Veterans in Business Networking for Success (VIB Network), National Veteran Business Development Council, (NVBDC); Disability: IN; NaVOBA Service-Disabled Veteran’s Business Enterprise; Goldman Sachs 10,000 Small Businesses; Merck Drexel Advanced Leadership Program for Diverse Suppliers; Villanova University; and DeSales University.



About The Bond Buyer

The Bond Buyer is the only independent information resource serving the entire municipal finance community. Its comprehensive paid-subscription package of news, analysis and data is unique in the industry, serving a complete spectrum of senior industry professionals, through its website, e-newsletters and alerts, and daily print edition.