The California Infrastructure and Economic Development Bank (IBank) was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities. IBank has broad authority to issue tax-exempt and taxable revenue bonds, provide financing to public agencies, provide credit enhancements, acquire or lease facilities, and leverage State and Federal funds. IBank’s current programs include the Infrastructure State Revolving Fund (ISRF) Loan Program, Expanding Venture Capital Access Program, the Climate Catalyst Revolving Loan fund, Small Business Finance Center and the Bond Financing Program.
We’re a global law firm focused on delivering innovative solutions for four sectors: Technology & Innovation, Energy & Infrastructure, Finance and Life Sciences & HealthTech.
Assured Guaranty is the leading provider of financial guaranty insurance. We guarantee timely payment of scheduled principal and interest when due on municipal, public infrastructure and structured financings. We also participate in the asset management business through our ownership interest in Sound Point Capital Management, LP and certain of its investment management affiliates.
Invest Smarter, Build Stronger with BAM-Insured Bonds.
BAM Mutual-insured bonds help investors build a better portfolio and support essential infrastructure projects. Let our exclusive focus be your strategic advantage.
Helping government & nonprofit finance teams do their best work
DebtBook helps finance teams manage debt, cash, leases, and subscriptions with modern, cloud-based software, purpose-built for governments and nonprofits.
Powered by Human Insight
We are Fitch Ratings. An award-winning provider of credit ratings, commentary and research. In this era of volatility & technological transformation, we provide clarity and insight. Human insight, enabling our clients all over the world to make better decisions.
Moody’s Ratings combines global expertise and experience with tailored, local service to provide organization-specific insight and thought leadership on credit trends in the US public sector.
We are an innovative, trusted partner to our clients with in-depth expertise in capital markets, banking and finance.
Essential Intelligence® is our central offering. It is the powerful combination of data, technology, and expertise. Our clients leverage it to view the world with greater clarity, make decisions with increased conviction, and take actions that lead to greater prosperity.
Siebert Williams Shank & Co., LLC (SWS) is an independent non-bank financial services firm that offers investment banking, sales and trading, research, and advisory services. We provide customized solutions incorporating comprehensive financial advisory, capital raising and risk management guidance with the mission of delivering the highest level of value-added services to our clients. Dually headquartered in New York and Oakland, our firm is comprised of over 135 diverse professionals spanning over 27 offices across the United States.
SWS serves a broad spectrum of clients, including corporations, governments, municipalities and institutional investors.
SWS was formed in November 2019 to merge the complementary strengths and established track records of its predecessor firms—Siebert Cisneros Shank Co., L.L.C., founded in 1996, and The Williams Capital Group, L.P. founded in 1994. SWS is wholly owned by Shank Williams Cisneros & Co., LLC (SWC).
Institutional Banking
Steadfast partner. Sophisticated solutions.
Beyond traditional banking, UMB offers deep expertise and consultative partnership across the institutional marketplace, from community banks and municipalities, to some of the largest corporations, broker-dealers and fund companies in the U.S. and abroad.
Longevity, trust, and experience with complexity: The keys to your success
Individuals and institutions rely on us to provide an elevated level of skill, service, and knowledge—for every transaction, plan, strategy, and investment. Let us introduce you to Wilmington Trust.
Blaylock Van, LLC is Wall Street’s longest continuously operated African American investment banking and financial services company, providing corporate debt and equity underwriting, sales and trading and municipal finance for over 30 years.
Chapman is a law firm focused on finance. Our firm is comprised of lawyers and support professionals with the highest level of technical skill and industry insight who care deeply about their clients, colleagues, and co-workers.
Advancing Individuals and Communities Through Innovative Financial Solutions
HilltopSecurities is a unique blend of financial strength, deep industry knowledge, and years of experience. But that’s only part of the story.
Our firm was born out of the fusion of two respected and successful firms with complementary business lines: First Southwest Company, a broker-dealer founded in 1946 and known for its municipal advisory practice, and Southwest Securities Inc., a full-service broker-dealer since 1972.
As part of Hilltop Holdings, a well-capitalized and publicly traded parent company, we’re backed by a strong and diverse financial services enterprise. One that’s focused on moving our clients forward. Nothing better represents this than our iconic buffalo mascot, “Mo,” a symbol for our collective strength, unified force, and the unstoppable momentum of an advancing herd.
KBRA is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and by offering timely and transparent ratings. KBRA provides market participants with an alternative solution by delivering in-depth research across various sectors within the US, UK and European markets. We strive to provide the investment community with the products and tools needed to make informed investment decisions.
At Morgan Stanley, clients come first. We help individuals, families, institutions and governments raise, manage and distribute the capital they need to achieve their goals.
Muni Technology Partner
For Issuers, Banks, Advisors, and Asset Managers
We combine high performance, entrepreneurial spirit, deep engagement, and an unwavering commitment to a culture of collaboration, diversity, and humanity.
Sophisticated offerings on a more personal scale.
As a global financial services firm, our focus is on providing trusted advice and tailored, sophisticated strategies for individuals and institutions.
Local knowledge. National presence.
With capabilities across many sectors and offices across the country, we’ve got you covered.
Stifel’s Public Finance professionals specialize in raising capital to build and maintain essential infrastructure in the communities they serve. From some of the nation’s largest states, cities, and counties to rural school districts and small towns and nearly everything in between, our municipal banking and underwriting groups work with issuers to develop and implement financing strategies that allow them to operate and optimize the important work they do.
The tools and resources you need to better serve your community.
Corporate Trust Services
Western Alliance Trust Company, N.A., a wholly owned subsidiary of Western Alliance Bancorporation, offers specialized loan and custody services. Clients benefit from our deep expertise in levered facilities and loan administration.
Debt Modeling, Marketing & Management
The Muni Bond Platform
Adaje is the only software platform designed to streamline the entire bond issuance lifecycle: from structuring ideas to marketing to post-issuance management and disclosure. Built for issuers, bankers, advisors, and investors. Adaje eliminates data entry, automates analysis and monitoring, connects market participants, and simplifies access to your data.
As a global financial services company, we oversee more than $55.8 trillion* in assets for our clients – managing it, moving it and keeping it safe.
For over 240 years, we have been creating new solutions that benefit businesses, communities and people everywhere.
No matter what the future brings, we’ll be ready and we’ll be working. Making money work for the world.
*As of June 30, 2025
Expect more from a financial services partner
For more than a century, our organization has fueled the success of consumers, businesses and wealth clients alike. As part of an organization that spans the American Midwest and Southwest, we’re able to deliver the kind of insights and expertise you might not expect from someone so close to home. And, with our focus on building long-term relationships and commitment to investing in our communities, you can grow right along with us.
We are a top ten advisory tax and assurance firm dedicated to customized business solutions that generate and sustain growth. We lead with purpose, and we walk with you every step along your journey.
The California Municipal Finance Authority’s (“CMFA”) mission is to support economic development, job creation and social programs throughout the State of California while giving back to California communities. By supporting our member communities and their local charities with a portion of the revenue generated through the issuance of taxable and tax-exempt bonds for public, private and non-profit entities, the CMFA is able to directly contribute to the health and welfare of the residents of California.
The CMFA shares 25% of all issuance fees directly with its member communities. In addition, a grant equal to 25% of the issuance fee is made to the California Foundation for Stronger Communities (“CFSC”) to fund charities designated by the member communities. A portion of the annual fees received by the CMFA will also be directed to charitable activities within California communities. This unique commitment to “give back” directly to the communities in which we operate sets the CMFA apart.
Fidelity Capital MarketsSM (FCM) provides innovative trading and technology solutions, and execution services across multiple asset classes for institutional investors. Our offering includes a suite of electronic brokerage products for equities, options, prime brokerage, securities lending, fixed income, municipal- and bank-issued brokered CD underwriting, and FOREX. For more than 30 years, FCM has successfully worked with asset managers, hedge funds, family offices, endowments, banks, and brokerage firms in support of their business goals. Fidelity has one of the largest retail and institutional presences; this expansive network provides institutional investors with a differentiated offering and greater access to liquidity. We can help clients maximize their investment strategies with our leading market insight, advanced technology solutions, and high-quality trade execution.
Global Investment Banking & Capital Markets
Jefferies is one of the world’s leading full-service investment banking and capital markets firms.
Providing treasury management, credit, derivative products, and investment management services through PNC Bank, National Association and capital markets products through PNC Capital Markets LLC (PNCCM), to clients in the public and nonprofit sectors.
SMBC Group
For 50 years, top companies have counted on Stradling to have the right team and skills to meet their toughest challenges 24/7, 365 days a year.
Stradling is a leading business law firm with more than 110 lawyers providing experienced counsel in critical transactions and disputes from 12 offices across California, Colorado, Nevada, Texas, and Washington. Stradling’s size, structure, and culture provide big-firm counsel with small-firm flexibility and responsiveness. That deliberate focus on client success has helped the firm attract and retain many of the most accomplished lawyers in their fields. Stradling lawyers provide clients with innovative solutions to their corporate and securities, finance, private equity, litigation, M&A, employment, tax, venture capital, privacy and data security, intellectual property, healthcare regulatory, consumer regulatory, bankruptcy, environmental, real estate, and public finance needs.
Welcome to the human side of banking. Here, people matter most. So, we’re committed to going beyond what customers would expect from a bank.
WireSafe is a seamless, reliable platform that protects sensitive wire instructions from cyberattacks.
Argent Institutional Trust Company (AITC), formerly TMI Trust Co. (TMI), is a Florida-based trust company with multiple locations to serve the trust and agency needs of the corporate and public finance markets, family offices, IRAs, churches and nonprofits, and other specialty services.
As an independent, non-depository, non-lending trust company, our focus is on our clients and delivering conflict-free solutions to meet their needs. Through our extensive history and experience, we have the necessary knowledge, flexibility, and agility to properly administer the transaction at hand.
AITC provides a full suite of traditional trustee, escrow, and loan agency services for debt capital markets transactions, M&A, project finance, direct lending, leasing, default/workout, and a broad range of associated collateral. We also offer a variety of fiduciary and tax accounting services for family offices and investment partnerships.
In addition, AITC serves as custodian for thousands of Individual Retirement Accounts for investors in traditional assets such as mutual funds, money market accounts, and other marketable securities, as well as alternative assets like privately held company stock, church bonds, and real estate.
Our specialty services include serving as trustee, registrar, paying agent, and loan agent on more than half of all the faith-based bonds and pooled loan programs in the U.S. We also provide advisory services and property brokerage to faith-based organizations, drawing upon our extensive history in this market.
Bancroft Capital is a Certified Service-Disabled Veteran-Owned Small Business (SDVOSB) specializing in Institutional Brokerage and Capital Markets services. Bancroft is founded upon a commitment to service – service to our clients, service to our country, and service to our veterans who have sacrificed on our behalf.
At Basefund, we are pioneering the future of capital markets.
Founded in 2015, our mission has been to transform how transactions are secured, executed, and managed across industries.
The name Basefund represents our core principles:
“BASE” represents our vision to be both a banking and securities exchange foundation
“FUND” signifies the essential role of capital in budgeting, financing, and spending
Today, Basefund is the first-of-its-kind secure transaction platform, purpose-built to serve as the secure layer and stack for banks, corporations, and institutions that facilitate transactions to fund the world around us.
With a leadership team bringing over 50 years of capital markets expertise, we understand the intricate needs of municipal finance, corporate transactions, and banking infrastructure. Our platform is designed to provide the ultimate foundation for B2B transactions, ensuring security, efficiency, and trust at every step.
Basefund is not just shaping the capital markets—we’re securing them.
Founded in 2001, Cabrera Capital Markets LLC is the leading Latino-owned investment bank and institutional brokerage firm providing investment banking for municipal, corporate, and advisory clients, institutional brokerage services for municipal bonds, global equities, taxable fixed income securities, preferred equities, and structured products, as well as cash management services. Cabrera’s diversified global client base includes corporations, municipalities, financial institutions, federal agencies, unions, pension funds, foundations, and endowments. Cabrera’s areas of expertise include: Corporate Investment Banking Capital Markets Corporate Advisory Public Finance Investment Banking Municipal Sales and Trading Global Equities Preferred Equities Taxable Fixed Income Structured Products Cash Management Cabrera is a certified Minority-Owned Business Enterprise (MBE).
The California Pollution Control Financing Authority (CPCFA) administers programs which incentivize capital investment in specific economic activities reflecting state and federal policy goals.
CPCFA was approved as part of the State Treasurer’s Office in 1972 and began taking action March 7, 1973. Our name references our original conduit bond projects which addressed industrial air and water pollution.
Applying our extensive product expertise and a depth of service offerings, we deliver innovative corporate trust solutions for your most complex transactions. We serve a diverse client base, including private and public companies, investment bankers, asset managers as well as governments and institutions.
Your wealth. Our priority.
We are not your typical wealth manager—we are a partner in building, preserving and growing your financial legacy. What sets us apart? A relentless focus on your best interests, a highly personalized approach and a deep commitment to making managing wealth about more than just numbers.
As part of the Franklin Templeton family of companies, a $1.6 trillion investment leader, we offer:
- A complete approach to wealth. We integrate investing, trust services, estate planning and tax optimization to create a plan for your wealth that works for you and your future generations.
- Sophisticated investment management and advisory. Whether you are a high-net-worth individual, family or nonprofit, a well-thought-out investment strategy is crucial to sustaining and potentially growing your assets. From long-term planning to short-term monitoring, we build your portfolio to be aligned with your unique needs, values and goals.
- Fiduciary guidance you can trust. As true fiduciaries, we’re not here to sell products or one-size-fits-all solutions—every decision we make is personal and designed to serve you with transparency, integrity and purpose.
- A boutique backed by strength and deep resources. Our clients benefit from the best of both worlds—a high-touch experience alongside the resources and strength of Franklin Templeton, a worldwide investment leader with 9000+ employees and 47 global office locations.
Hawkins offers governmental agencies, non-profit corporations and financial institutions exceptional legal service and sophisticated counsel in finance and infrastructure transactions. Founded in 1854 and with 90 lawyers in ten offices across the country, the firm is consistently recognized by clients and peers for sustained excellence. Our professionals practice with the distinctive collegiality and mutual respect intrinsic to traditional law firm partnerships.
Ranked first as underwriters’ counsel and second as bond counsel nationally over a 40-year span, our firm has closed $1 trillion in public finance transactions. State and local governments regularly turn to Hawkins, on the strength of our unique specialty practice and outstanding record of innovation and accomplishment, to structure new financing programs, resolve complex tax and securities disclosure questions, and advise on infrastructure procurement, project finance and public private partnership matters.
Hawkins attorneys recognize and value the public purpose at the core of our clients’ projects and programs, be it providing education or health care services, renewable energy, pure water, environmental protection, transportation, economic development, cultural opportunities or affordable housing. We craft sound and creative legal solutions to major, complex public works and capital project contract and financing challenges that serve the public interest and reflect a deep understanding of the legal and market terrain.
Providing innovative, effective and secure financial solutions for the diverse communities we serve.
Powered by The Bond Buyer’s Municipal Marketplace® or The Red Book.
Municipal Marketplace Online is the most comprehensive, authoritative, qualified & up-to-date source of information, including more than 11,000 municipal bond professionals, 850 firms, 2,000 Municipal Issuers, and 2,800 offices. This exclusive service will connect you and your firm to the companies, information and decision-makers you need to expand and grow your business. The Red Book and Municipal Marketplace Online information comes directly from recognized industry firms who first must qualify to be listed and then pay an ongoing listing fee.
Norton Rose Fulbright provides a full scope of legal services to the world’s preeminent corporations and financial institutions. The global law firm has more than 3,000 lawyers advising clients across more than 50 locations worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg, covering Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.
With its global business principles of quality, unity and integrity, Norton Rose Fulbright is recognized for its client service in key industries, including financial institutions; energy, infrastructure and resources; technology; transport; life sciences and healthcare; and consumer markets.
Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. For more information, see nortonrosefulbright.com/legal-notices.
Trusted by Tier 1 Institutions and Boutique Firms
SOLVE is a leading market data platform provider for fixed income securities. Industry-leading firms trust the SOLVE Market Data Platform, powered by Deep Market Insight™, to reduce risk for securities investments and save hundreds of hours in pre- and post-trade research and validation.
At Truist, our purpose is to inspire and build better lives and communities. That happens through real care to make things better. To meet client needs, to empower teammates, and to lift up communities.