- Total Return Swaps:
Synthetic financing to leverage a hedge fund’s portfolio of taxable commercial PACE bond holdings and to magnify its yield.
Synthetic secured guaranty to lower borrowing costs for affiliated affordable housing borrowers.
- Development of bilateral master ISDA documents for 2 publicly traded corporate affiliates trading with 25 financial institutions to hedge interest rate, foreign exchange, and commodities risk.
- Representation of major health care systems in connection with Treasury rate locks to hedge fluctuations in 30-year Treasury yields in anticipation of large taxable bond offerings.
- Secondary market financing for investor’s tax-exempt bond holdings through tender option bond programs, with reimbursement obligations under credit and liquidity facilities structured as derivatives.
Recognition & Accomplishments
AV Peer Review Rating, Martindale-Hubbell
Named by The Legal 500 US as "a leader in municipal capital markets with a reputation for innovation"
University of Maryland School of Law (J.D. 1977, with honors)
Smith College (A.B., Economics, 1974)
Williams College (1972-1973)
Convent of the Sacred Heart, Greenwich, Connecticut (1970, highest honors; 2019 Professional Achievement Award)
District of Columbia