Banco Popular de Puerto Rico

Mr. Lansing is a Managing Director and manages Debt Capital Markets, Investor Marketing, and Credit Portfolio for Public Finance. He has formerly run sales, trading, structuring and distribution in various products in the Investment Bank. Prior to joining JPMorgan, Mr. Lansing worked as a fixed income strategist and salesman at Merrill Lynch and served as an adjunct professor of finance at the Kellogg Graduate School of Business at Northwestern University.

As the chief operating officer of Assured Guaranty Ltd., Séan McCarthy has responsibility for strategic direction and insurance originations across the Assured Guaranty family of companies. He has also been COO since 1997 of Assured Guaranty Municipal Corp. (AGM, formerly Financial Security Assurance Inc.), as well as COO of Assured Guaranty Municipal Holdings Inc. (AGMH, formerly Financial Security Assurance Holdings Ltd.) since January 2002 . He was previously executive vice president of AGMH, which Assured Guaranty acquired in 2009.In January 2006, Mr. McCarthy became chairman of the Association of Financial Guarantee Insurers (AFGI). He also served on the Board of Directors of the Association for the Prevention of Cruelty to Animals (ASPCA).

Jon Penkower is a Program Manager with California Communities. California Communities has issued more than $45 billion in tax exempt debt since 1988. Mr. Penkower participates in various finance programs for California Communities which include industrial development bonds, 501(c)(3) bonds, multifamily housing bonds, recovery zone bonds and various municipal programs. Prior to joining California Communities, Mr. Penkower practiced law with Sheppard, Mullin, Richter & Hampton, LLP, specializing in real estate finance and tax exempt bond transactions. Mr. Penkower is a graduate of the University of Colorado at Boulder and the University of San Francisco School of Law.

Sheree Tallerman is the CEO of PlanPerfect, a premier service provider of inventive retirement plan strategies.

Scott Olmsted is the group head of the tech, media & entertainment group in global commercial banking, Bank of America Merrill Lynch. Based in Los Angeles, Scott leads a team which advises emerging growth to public companies across multiple segments of their business including capital raising and advisory, delivering the full capabilities of the bank.

Mike McDermott is a managing director in Fitch Ratings’ Global Infrastructure and Project Finance Group. He is based in New York and heads up the US transportation effort which covers both public and private airports, toll roads, seaports, transit systems, GARVEE bond programs and sports league/stadium financings. Prior to joining Fitch in 2001, Mike was an analyst at the executive office of the president, office of management and budget (OMB) in Washington, DC.

Areas of Focus Specializes in higher education and not-for-profit public finance Profile Joined FirstSouthwest in 2009 Responsible for client and project management as well as analytical and technical support for engagements including bond sizing, spreadsheet models, refunding analyses, lease-purchase analyses and debt offering documentation Responsible for conducting competitive bond sales and structures for both tax-exempt and taxable new money as well as refunding bond issues Previously worked for Public Financial Management for more than 12 years Prior to that worked three years as a financial analyst with the Municipal Advisory Council of Texas (MAC), a trade association of bond underwriters and financial advisors Worked with numerous Texas municipal entities including Bastrop County, Texas Public Finance Authority, the cities of Austin, Arlington, Hutto, Elgin, New Braunfels and Granger as well as Austin Independent School District, Lumberton Independent School District, Burnet Consolidated ISD, Granger ISD and Temple Junior College Involved in the structuring and sale of nearly $4 billion of new money and refunding bond issues Experienced in taxable and tax-exempt commercial paper programs, cash defeasance programs, escrow restructuring, credit enhancements and rating presentations Education Bachelor of Business Administration in Accounting, Texas State University Southwest School of Government Finance, Texas Tech University Licenses Held Registered Representative of the Financial Industry Regulatory Authority (FINRA)General Securities Representative, Series 7Uniform Securities Agent, Series 63Investment Advisory Representative, Series 65

Lance Etcheverry manages JPMorgan’s municipal natural gas franchise, providing investment banking services to municipal gas and electric utilities across the United States. He has advised clients on a range of transactions, including natural gas prepayments, new project financings, cash and derivative market restructurings, asset reinvestment strategies and broad strategic opportunities.Mr. Etcheverry joined JPMorgan’s municipal energy and environmental team in 1995 and then rejoined JPMorgan in 2004 after almost 3 years at an affiliate of Hunt Oil Company where he was responsible for middle-market energy related equity investments. From 1990-1993 Mr. Etcheverry served as a legislative assistant to U.S. Congressman Mike Andrews and as a research assistant to U.S. Senator Lloyd Bentsen. Mr. Etcheverry was responsible for federal legislation and regulatory policies relating to energy, environment, interior and the economy.Mr. Etcheverry earned an MBA from the University of Texas at Austin and a BS in Economics and BA in Political Science from Southern Methodist University.