In a bold move, Charlie Visconsi and Ron Van Den Handel have departed from Preston Hollow Community Capital to establish V2 Municipal Capital, a firm dedicated to sourcing high-yield municipal deals in partnership with alternative asset manager Fundamental Advisors. This new venture marks a significant shift in the landscape of municipal finance, as Visconsi and
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In a recent decision, the Louisiana State Bond Commission made a critical financial move by approving three massive bond issues totaling more than $3 billion. This decision marks a significant milestone in the state’s efforts to enhance infrastructure and public services. The commission approved a $1.33 billion to $2 billion bond, which will be backed
The Texas Water Development Board recently approved a significant bond issue of up to $1.8 billion for the State Water Implementation Revenue Fund for Texas (SWIRFT). This funding will be used to finance various local water projects across the state, including seawater desalination in Corpus Christi and a reservoir and pump station expansion in Brazoria
The recent poll conducted in California reveals the high importance that voters in the state place on environmental policy, with many indicating that it could potentially influence their choice for president. Most voters are in favor of a $10 billion bond measure that would fund flood control and climate resiliency projects. Additionally, a majority of
The recent success of the Dormitory Authority of the State of New York (DASNY) in selling $1.2 billion of revenue bonds is a testament to the robust demand for highly rated state bonds in a calm market environment. According to DASNY spokesperson Jeffrey Gordon, last week’s bond sale was a success due to the favorable
The Biden administration recently announced a $5 billion allocation for the repair of more than a dozen aging bridges across 16 states. These bridges have been identified as some of the most economically significant in America and are in urgent need of investment to ensure the safety and connectivity of whole regions. Transportation Secretary Pete
The North Carolina Local Government Commission recently rejected Cabarrus County’s requests for bonds totaling $228 million, even though the panel’s staff had recommended approval. Some members of the board expressed concerns about the county’s use of bond anticipation notes and suggested that the bonds should be subject to a voter referendum before the commission considers
As the earnings season kicks off, investors are eagerly awaiting the reports from some of the biggest U.S. banks and companies. With over 40 S&P 500 names expected to post their second-quarter results, including heavyweights like Goldman Sachs, Morgan Stanley, Bank of America, and Netflix, there is a lot at stake. Analysts are projecting an
The Biden administration recently announced that public infrastructure built with federal emergency funds must adhere to stricter flood-risk standards to combat the escalating climate risk. This new standard, years in the making, mandates that buildings and other infrastructure constructed with Federal Emergency Management Agency (FEMA) funds should either be elevated higher above local flood levels
In the realm of blockchain technology, interoperability and fluidity between different chains have long been a challenge. The recent unveiling of Dora 2.0 marks a significant advancement in the quest for a seamless multichain experience. This update, introduced by Dora, the unified search, discovery, and action engine for the multichain world, promises to bridge the