Rockfleet's public finance business is national in scope. Rockfleet has participated in 1,800 issuances totaling over $314 billion in 41 states.
We offer expertise in both taxable and tax-exempt municipal securities transactions, in sectors including capital improvement, general purpose, healthcare, higher education, housing, K-12 education, public improvement, transportation, and utilities.
Marketing strategies and distribution capabilities are the areas in which Rockfleet can add value to an issuer's financings.
The firm’s institutional distribution capabilities center around its high concentration of relationships with 2nd and 3rd tier investors, including wealth managers, investment advisors, trust departments, and smaller insurance companies, who have emerged and remain a key source of demand for primary and secondary product. National and state specific mutual funds and larger insurance companies remain important components in any marketing strategy. Rockfleet distributes new issue information to over 3,400 individuals at institutions that buy municipal securities.
Rockfleet’s retail distribution centers around what is commonly called “professional retail” or “conduit retail.” Rockfleet’s target market is 2nd and 3rd tier investors, including wealth managers, investment ad-visors, etc. These “retail conduits” (i.e., mutual funds, money market funds, close-end funds and ex-change traded funds), together with individual investors, comprise the majority of all holders of municipal securities.