Banco Popular de Puerto Rico

Phil Culpepper joined the Illinois Housing Development Authority as the Deputy Executive Director in October 2009. Culpepper is a member of IHDA’s executive team and focuses his efforts on day-to-day operations, affordable housing lending and bond finance. Prior to his appointment to IHDA, Culpepper served as the State of Illinois’ Director of Debt Management where he was responsible for nearly $26 billion of debt outstanding, was directly responsible for oversight of all state bonding authorities ‘activities and issued more than $7 billion in State debt. Culpepper has also served as a Debt Management Specialist for the Illinois Toll Highway Authority where he structured and coordinated more than $3 billion of municipal bonds and derivative transactions to support construction projects for Illinois’ Congestion Relief Program. Culpepper served as a Non-Commissioned Officer in the U.S. Army’s and holds a bachelor’s degree in economics from Loyola University Chicago.

McCoy was appointed head of BMO Capital Markets (investment banking arm of Bank of Montreal) expanding U.S. Public Finance and Infrastructure practice in October 2009; based in Chicago with current offices in New York and San Francisco the group specializes in providing debt structuring, underwriting, financial and infrastructure advisory services to all types of U.S. municipal and not-for-profit groups including state and local governments, public and private educational institutions, healthcare institutions, public power, as well as, port and transportation sectors He is a 27-year corporate finance industry veteran. Since joining BMO Capital Markets in 1982, he has held various roles of increasing responsibility. Previously he was a Managing Director in BMO’s Financial Products Group where he was instrumental in growing the firm’s Chicago-based U.S. derivatives practice. He has also worked in BMO’s Toronto and Vancouver offices in corporate and government banking where he focused on covering Crown, provincial and other government-owned related agencies. As well, he has held positions in structured finance and credit groups. McCoy holds an MBA from York University and a Bachelors Degree in Political Science and Economics from Queen’s University in Canada.

William Daly recently joined the Bond Dealers of America Association as Senior Vice-President for Government Relations.  A Washington lobbyist and public policy analyst for over thirty years, Bill represents the interests of regional broker-dealers before Congress, the executive branch and regulatory agencies.  Bill led New York City’s federal tax legislative efforts for seventeen years under four mayors and directed New York’s Washington office for Mayor Michael Bloomberg, covering the full range of the City’s issues – from homeland security to municipal finance to protection of the City’s watershed and everything in between.  In the 1990’s he served in the Clinton administration as a senior official in the Social Security Administration, working to resolve Social Security’s long-term solvency questions.  He continued at Social Security as a Senior Advisor to the Commissioner in the administration of President George W. Bush.  Returning to New York City’s DC office after Michael Bloomberg became Mayor, Bill once again focused on tax and municipal finance issues.  He graduated with a Bachelor of Arts in History from the University of Connecticut, a Juris Doctor from Boston University and a Masters of Laws in Taxation from Georgetown University Law Center.  He is married with two grown children and three grandchildren.  He and his wife, Sharon, live in Brownsville, Maryland.

Mitchell Rapaport has been a partner in the Washington D.C. office of Nixon Peabody since 1995. Before joining Nixon Peabody, Mitchell Rapaport a partner with Mudge Rose Guthrie Alexander & Ferdon. He spent his early career with the Internal Revenue Service in the Office of the Chief Counsel, Legislation and Regulations Division, and more recently in the Department of the Treasury, Office of Tax Policy. During his time at the Treasury, Mr. Rapaport assisted in drafting the proposed private-activity bond regulations, the arbitrage regulations, and the rules relating to changes of use of bond-financed facilities and management contracts.Mr. Rapaport has participated in a wide variety of tax-exempt financings, including numerous refunding transactions,�public power transactions, stadium and convention center transactions, and education, multifamily housing and solid waste disposal financings, and he has provided advice in a number of privatization transactions. Mr. Rapaport has also worked on a variety of legislative and regulatory matters. Mr. Rapaport is involved with a number of IRS audits in areas that include solid waste disposal facilities and natural gas prepayments.�In addition, Mr. Rapaport has assisted a number of clients on legislative and regulatory matters, including the Government Finance Officers Association, the Large Public Power Council, and the Regional Bond Dealers Association.� Mr. Rapaport has also represented a number of clients in connection with IRS audits, including issuers, underwriters and other market participants.� With�over 25 years of experience in the tax aspects of public finance transactions, he is nationally recognized in his fieldMr. Rapaport is an active member of the National Association of Bond Lawyers, having served as Chair of the Association’s General Tax Matters Committee and of its Washington Seminar.

Mr. Marz principal responsibilities for Hilltop Securities Inc., and First Southwest Asset Management, Inc are in the credit and rate risk management space. Additionally, in his leadership role as Head Risk Officer within the capital markets area, Mr. Marz also oversees the Structured Finance Department, which includes working within the mortgage space, State Housing Agencies and Structured Products groups, Mr. Marz is provides expertise as an advisor on macro, strategic and tax issues surrounding governmental and non-profit entities. � �ProfileHas more than 30 years experience in capital markets, asset based financing, structured products, derivatives.Joined First Southwest in 1993.Has principal management responsibility for the firm’s Capital Markets risk management, Housing and Structured Finance Group, and is a member of the investment committee for First Southwest Asset Management, Inc.�Serves as a member of the Firm's executive committee and as a Director of First Southwest Asset Management, Inc.'s investment committee.Prior to joining First Southwest, served as a managing director for institutional fixed income at Bear Stearns & Co.Previously, he served as a fixed income Mortgage Product Manager for Goldman Sachs & Co., in both Dallas and New York.Is a co-editor with Dr. Frank J. Fabozzi, on The Handbook of Non-Agency Mortgage-Backed Securities.Married lives in Dallas, Texas has 3 adult children living in New York, Colorado and Texas�

After graduating Princeton in 1949, Jim Lebenthal took the glamour road with dream jobs at Life Magazine, NBC, Disney, Y&R, and Ogilvy & Mather. He joined the family municipal bond business in 1963 at age 35. That was before landlords in the South Bronx started walking away from buildings that were worth less than the bills for back taxes. It was before NYC began borrowing for daily operating expenses. It was before the City declared a moratorium" on the repayment of $1.6 billion municipal notes, and before the flag touched the ground in Washington, Oregon, and Idaho, the home states of the Washington Public Power Supply System. It was also before inroads were made on the hallowed exemption of munis from the federal income tax. Municipal bonds still had 25 glorious years to go before the Supreme Court would knock tax exemption off its constitutional high horse and rule in South Carolina v. Baker that municipal bonds were tax free only by the grace of Congress and not by any constitutional right.Appearing in Lebenthal & Company radio and TV commercials, Jim applied the same explicatory skills that he once had used to IBM mainframe computers on the map, to putting tax free municipal bonds within the reach and comprehension of the individual investor. And for his pains, Jim has won lifetime achievement awards from the National Federal of Municipal Analysts and The Bond Market Association (predecessor to SIFMA) Jim temporarily retired in 2006, when Lebenthal's parent company, Advest was sold to Merrill Lynch.He returned to the municipal bond business 3 years ago as co-founder with daughter Alexandra Lebenthal of the new broker/dealer Lebenthal & Co., LLC and their new Wealth and Family Office Management firm, Alexandra & James.Jim is the author of "Confessions of a Municipal Bond Salesman" (John Wiley & Sons, Inc. Publisher) and "Lebenthal On Munis - Straight Talk About Tax-Free Municipal Bonds for the Troubled Investor Deciding, 'Yes...' or 'No!'" (Morgan-James Publishing LLC) "

Peter Coffin is President and Portfolio Manager at Breckinridge Capital Advisors, a Boston-based fixed income investment manager with over $24 billion in assets under management. Peter has over 30 years of experience in the investment industry. Before founding Breckinridge in 1993, Peter was a Senior Vice President with Massachusetts Financial Services (MFS), where he managed municipal bond portfolios and served on the MFS Fixed Income Policy Committee. As a committee member, he shared oversight of all the firm’s fixed income strategies. Peter began his career as an analyst, first in the Bond and Money Market Group of the Connecticut National Bank, and then in Aetna’s Bond Investment Division. Peter received a BA with honors in classical studies from Hamilton College in 1982 and serves on the college’s Board of Trustees. He also serves on the board of The Trustees of Reservations and is President of the Frontier Nursing University Foundation. Peter was previously on the board of the Forum for Sustainable and Responsible Investment (US SIF) and the Municipal Securities Rulemaking Board (MSRB). Peter recently received an FSA Credential from the Sustainability Accounting Standards Board (SASB), which seeks to develop and disseminate sustainability accounting standards that help public corporations disclose material, decision-useful information to investors. Peter speaks regularly at conferences on topics related to the management of fixed income portfolios and sustainable investing, and his commentary on those subjects is often reported in the press.

Ted Molin is a Managing Director at RangeMark Financial Services, Inc.  He is responsible for business development in connection with RangeMark’s public finance strategic initiatives.  Prior to joining RangeMark, Mr. Molin served as a First Vice President, Public Finance - West Region, at Ambac Assurance Corporation from 2000 to 2009, where he was responsible for public finance deal origination, pricing and market relationships in the western half of the United States, with a particular focus on higher education, land-based, lease-backed and transportation financings.  Previously, Mr. Molin was a Vice President in the company’s Public Finance - South Region from 1999 to 2000, with similar responsibilities.  He served as Vice President and Assistant General Counsel in the Specialized Finance Group from 1995 to 1999 and Vice President and Assistant General Counsel in the Municipal Financial Services Group from 1990 to 1995.  In both capacities he had primary legal responsibility for a broad range of financial transactions.  From 1981 to 1990, Mr. Molin was an attorney at the law firm of Hawkins, Delafield & Wood in New York, NY, where he served as bond counsel and underwriters' counsel in public finance transactions.  Mr. Molin graduated cum laude from Amherst College in 1978 and from the University of Virginia School of Law in 1981.  He is a member of the Municipal Analysts Group of New York, the National Federation of Municipal Analysts and the New York State Bar Association.