Our services.
From strategic advisory to market execution, we support our clients across every stage of the financing process.
Municipal Advisory
Our Municipal Advisory practice is grounded in a combination of quantitative rigor and experienced judgment, enabling us to deliver tailored solutions to public agencies across the country. We advise clients through the full lifecycle of a transaction, providing clarity and structure in increasingly complex financial environments.
Drawing on deep expertise across capital markets, credit strategy, and quantitative analysis, we help clients evaluate options, manage risk, and make informed decisions that align with both immediate needs and long-term objectives. Our work spans a broad range of sectors—including infrastructure and transportation, utilities, education, and general government—giving us a comprehensive view of the challenges and opportunities facing public entities today.
Through a hands-on, client-focused approach, we build lasting partnerships and deliver strategies designed to support sustainable outcomes for the communities our clients serve.
Transportation
May 2026
San Francisco International Airport
$1,148,305,000
Second Series Revenue Refunding Bonds
Series 2026 AB
Co-Municipal Advisor
Utilities
General Government
Education
May 2026
San Francisco International Airport
$1,148,305,000
Second Series Revenue Refunding Bonds
Series 2026 AB
Co-Municipal Advisor
May 2026
San Francisco International Airport
$1,148,305,000
Second Series Revenue Refunding Bonds
Series 2026 AB
Co-Municipal Advisor
May 2026
San Francisco International Airport
$1,148,305,000
Second Series Revenue Refunding Bonds
Series 2026 AB
Co-Municipal Advisor
Public Finance & Capital Markets
Our public finance practice is built to deliver tailored financing solutions across a wide range of structures, scales, and market conditions. From complex bond offerings to smaller capital financings, we evaluate each engagement with a comprehensive view of our clients’ objectives.
Grounded in deep insight across municipal finance, credit strategy, and quantitative analysis, we develop strategies that balance cost, flexibility, and long-term performance. Our approach is disciplined, transparent, and designed to adapt to the unique needs of each transaction.
We maintain active engagement with institutional investors to enhance market access, transparency, and long-term financing success. This helps support efficient market execution and broadens investor participation to our clients.
Whether navigating complex financings or straightforward issuances, we bring clarity, precision, and accountability to every stage of the financing process.
Transportation
Pennsylvania Turnpike Commission
$482,075,000
Turnpike Subordinate Revenue Refunding Bonds
First Series of 2026
Co-Manager, Underwriting | March 2026
Chicago O'Hare International Airport
$612,235,000
General Airport Senior Lien Revenue Bonds
Series 2026A (Non-AMT)
Co-Manager, Underwriting | February 2026
Utilities
California Department of Water Resources
$546,050,000
Central Valley Project Water System Revenue Bonds
Series 2026A
Co-Manager, Underwriting | February 2026
Los Angeles Department of Water and Power
$977,650,000
Water System Revenue Bonds
Series 2025C
Co-Manager, Underwriting | November 2025
General Government
State of California
$2,394,000,000
General Obligation Bonds and Refunding Bonds
Co-Manager, Underwriting | March 2026
Inglewood Joint Powers Authority
$56,360,000
Lease Revenue Bonds
Series 2025
Co-Manager, Underwriting | November 2025
Education
Hazelwood School District
$31,915,000
General Obligation Refunding Bonds
Series 2026
Co-Manager, Underwriting | January 2026
The Regents of the University of California
$2,000,000,000
General Revenue Bonds
Series 2025 CD
Co-Manager, Underwriting | December 2025
“Public finance is about more than transactions; it’s about enabling communities to invest in their future.”
– Vincent McCarley, CEO