FHN Financial Bolsters Municipal Market Presence with Key Hires
Monday, Oct 21, 2024 1:01 pm ET
1min read FHN Financial, a prominent player in the municipal finance sector, has recently announced strategic hires aimed at expanding its capabilities and expertise in the Project Finance sector of the municipal market. The firm has recruited Howard Manning as Managing Director and national lead banker for Project Finance transactions, Stan Rosendahl as Executive Director to expand coverage across sectors nationally, and Alana Zimmerman as Executive Director to work as the lead execution banker for the Project Finance team.
These strategic hires align with FHN Financial's recent investments in the Midwest and Northeast regions, where the firm has been actively expanding its presence. By strengthening its team with industry veterans, FHN Financial seeks to enhance its expertise in specialized municipal sectors, particularly in healthcare. Ajay Thomas, Senior Managing Director and Head of Public Finance, expressed enthusiasm about the new team members, stating that they will add depth, structuring expertise, and transaction execution capabilities to the public finance business.
FHN Financial Capital Markets, a division of First Horizon Bank, operates 27 offices across the United States, with Municipal Underwriting and Trading Desks in multiple cities and Public Finance offices in 12 locations. This extensive network enables the firm to provide comprehensive services to issuers and institutional investors through various business lines, including public finance, underwriting, sales, and trading of fixed income products, supported by credit and portfolio strategy, economic outlook, and analysis.
The expansion of FHN Financial's capabilities in the Project Finance sector of the municipal market is a strategic move that positions the firm to better serve specialized transaction issuers. With the addition of these experienced professionals, FHN Financial is well-equipped to offer innovative solutions, pricing expertise, and investor access to issuers in need of financing options. As the municipal industry continues to evolve, FHN Financial's commitment to growth and expertise ensures its position as a formidable solutions provider.
These strategic hires align with FHN Financial's recent investments in the Midwest and Northeast regions, where the firm has been actively expanding its presence. By strengthening its team with industry veterans, FHN Financial seeks to enhance its expertise in specialized municipal sectors, particularly in healthcare. Ajay Thomas, Senior Managing Director and Head of Public Finance, expressed enthusiasm about the new team members, stating that they will add depth, structuring expertise, and transaction execution capabilities to the public finance business.
FHN Financial Capital Markets, a division of First Horizon Bank, operates 27 offices across the United States, with Municipal Underwriting and Trading Desks in multiple cities and Public Finance offices in 12 locations. This extensive network enables the firm to provide comprehensive services to issuers and institutional investors through various business lines, including public finance, underwriting, sales, and trading of fixed income products, supported by credit and portfolio strategy, economic outlook, and analysis.
The expansion of FHN Financial's capabilities in the Project Finance sector of the municipal market is a strategic move that positions the firm to better serve specialized transaction issuers. With the addition of these experienced professionals, FHN Financial is well-equipped to offer innovative solutions, pricing expertise, and investor access to issuers in need of financing options. As the municipal industry continues to evolve, FHN Financial's commitment to growth and expertise ensures its position as a formidable solutions provider.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
_cbf77e8c1748017079428.jpeg)
