Public Finance has been a core business at Cabrera since the firm’s inception in 2001. As such, the Public Finance department receives the full support of senior management including the commitment of company capital to support our clients at the time of pricing. Cabrera has a long history of providing capital and balance sheet to support our issuer clients and are ready and willing to do so.
The Public Finance Department is staffed by finance professionals having a diverse array of experience from both the issuer and public finance side. The banking team has successfully priced and closed transactions in a significant number of sectors in the credit spectrum. In the past five years Cabrera has led or co-led over 50 transactions for over $20 billion in par and co-managed over 300 transactions for well over $150 billion in par. The public finance bankers are supported by talented and experienced analytical staff specializing in bond finance.
Cabrera’s Public Finance robust primary market activity has been a mainstay in the Midwest since the early days of Cabrera Capital, ranking in the top of the negotiated lead, co-lead and co-managed rankings. However Cabrera has also had the privilege to serve some of the largest and most sophisticated state and local governments in the country. Our public finance group covers clients from Texas, California, New York, New Jersey, Pennsylvania, Washington DC, Florida and Arizona, amongst others. More importantly, we have served most of them numerous times, an affirmation of the quality work product we provide. From this repeat business and our ever-expanding new client list, the Public Finance group continues to grow.
Recently Cabrera has committed to growing our Public Finance practice with strategic hires in both California and Texas, including our Head of Public finance based in Texas. This commitment to our Public Finance Department provides our clients with not only a firm with a proven track record of success in the primary market, but also a proven track record of supporting our public finance clients in the secondary municipal bond market as well. Cabrera’s municipal bond traders have traded over $2 billion annually (2021 and YTD 2022) in municipal bonds in the secondary market. Our Public Finance team works closely with our trading and underwriting desk to provide current market data to our clients on a regular basis. Please contact Mario Carrasco at firstname.lastname@example.org to be added to our mailing list to receive this information.
We thank you for your support and look forward to working with you in the future.