Banco Popular de Puerto Rico

Chris Roberts is an Executive Director and heads the Los Angeles office of J.P. Morgan’s Public Finance department. Chris joined J.P. Morgan in June 2008 after a ten-year career at Bear Stearns. Prior to Bear Stearns, Chris worked for six years in the public finance group at Ernst & Young LLP. Chris has extensive experience in structuring and executing financing and credit plans for a diverse collection of municipal security structures, including: water, wastewater, power, transportation, pension obligation, general fund, lease revenue, certificates of participation and tobacco securitizations.Specific to utilities, Chris’ current efforts focus on assisting his clients in the structuring and marketing of their credit in the most effective way as they look to provide their customers a low-cost, sustainable water and power supply that meets California’s regulatory and economic demands. Chris’ utility experience includes leading the financing plans for some of the largest and most complex capital plans on the west coast. His clients include The Metropolitan Water District of Southern California, San Diego County Water Authority, Irvine Ranch Water District, Santa Clara Valley Water District, Sacramento County Water Agency, Sacramento Regional County Sanitation District, Sacramento Municipal Utility District, Transmission Agency of Northern California, Modesto Irrigation District, M-S-R Public Power Agency, the Cities of Santa Clara and Riverside and Municipality of Anchorage. Chris received his Bachelor of Science in Finance from the University of Arizona and holds FINRA Series 7, 53 and 63 licenses.

Mark Z. Jacobson is Director of the Atmosphere/Energy Program and Professor of Civil and Environmental Engineering at Stanford University. He is also a Senior Fellow of the Woods Institute for the Environment and Senior Fellow of the Precourt Institute for Energy. He received a B.S. in Civil Engineering with distinction, an A.B. in Economics with distinction, and an M.S. in Environmental Engineering from Stanford University, in 1988. He received an M.S. in Atmospheric Sciences in 1991 and a PhD in Atmospheric Sciences in 1994 from UCLA. He has been on the faculty at Stanford since 1994. His work relates to the development and application of numerical models to understand better the effects of energy systems on climate and air pollution and the analysis of renewable energy resources. He has published two textbooks of two editions each and over 125 peer-reviewed scientific journal articles. He received the 2005 American Meteorological Society Henry G. Houghton Award for "significant contributions to modeling aerosol chemistry and to understanding the role of soot and other carbon particles on climate." He co-authored a 2009 cover article in Scientific American with Dr. Mark DeLucchi of U.C. Davis on how to power the world with renewable energy. He has also served on the Energy Efficiency and Renewables Advisory Committee to the U.S. Secretary of Energy.

Mr. Dawley has served 20 years in the municipal finance industry. He is currently the Manager of Morgan Stanley’s public finance office in Los Angeles. He focuses primarily on financings for public power, utility and general governmental issuers. Previous firms include Merrill Lynch, Banc One Capital Markets and J.P. Morgan Securities. Before his career in the investment banking industry, Mr. Dawley served as Deputy Chief of Staff to Los Angeles Mayor Richard Riordan. He received his B.A. in Political Science form the University of Michigan and his M.P.P. from the University of Southern California.

James A. Tracy was named SMUD’s Chief Financial Officer in April of 2004. Tracy oversees the Accounting and Treasury departments and is also responsible for risk management, strategic planning, enterprise performance management and developing the District’s budget. Tracy joined SMUD in 1989, and has previously served as Director of Business Planning and Budget and as Treasurer. Before coming to the District, Tracy served as a principal analyst for eight years with R.W. Beck and Associates in Sacramento. He has also worked for the Missouri Public Service Commission. Tracy holds a bachelor’s degree in business administration and a master’s degree in economics from the University of Missouri at Columbia.

Edie Behr is a distinguished public finance professional with significantmanagement and analytical experience. She is currently Vice President/SeniorCredit Officer and Manager of Moody’s Higher Education and Not-for-ProfitTeam. She oversees a team of 17 analysts that conduct research and assigncredit ratings to close to 800 colleges, universities and other not-for-profitorganizations in the United States. Edie also has direct lead analyticalresponsibility for rating a diverse portfolio of institutions, including ivy leagueuniversities, large public university systems, complex academic medical centers,and nationally prominent not-for-profit organizations. Prior to assuming hercurrent role, Edie served in a similar leadership capacity for Moody’s U.S. StateRatings and Regional Ratings Teams. This experience is particularly meaningfulas she has developed a special expertise on state relations with universities. Edieis a member of Moody’s Public Finance Franchise Committee which sets creditpolicies across all sectors of the firm’s public finance enterprise. While at Moody’s,she has authored a number of special comments and is the primary point personfor issues related to Build America Bonds and state government aid interceptprograms. During her tenure on the Higher Education and Not-for-Profit Team,she has authored reports about topics including fiscal exigency, disclosure, andresearch funding.Prior to joining Moody’s in 2003, Edie served as Executive Director of theNew Jersey Health Care Facilities Financing Authority and as President of theNational Council of Health Facilities Finance Authorities. From 1984 to 1994,she worked as an investment banker and financial advisor to states, counties andmunicipalities as well as state and local authorities and school districts.Edie holds a Bachelor of Fine Arts from the University of Cincinnati and earnedan M.B.A. from New York University. She is a frequent lecturer and a member ofseveral industry associations.

Paul Rizzo is Managing Director of the Healthcare and Higher Education Group at Assured Guaranty. Mr. Rizzo has more than twenty years of experience in public finance. Prior to joining Assured Guaranty in early 2012, he was a Senior Municipal Bond Evaluator for high yield municipal securities with Bloomberg. He was also the Manager of Radian Asset Assurance’s public finance group, responsible for overseeing the credit quality, legal structure and potential returns on municipal bonds insured by the company. Previously, Mr. Rizzo was employed by Ziegler Capital Markets, where he provided investment banking, financial advisory, and risk management services to healthcare and senior living organizations. Earlier in his career, he spent seven years with Standard & Poor’s Ratings Services assessing credit risk for a variety of not-for-profit organizations, including the healthcare and education sectors.

Nathan Bays serves as counsel to the Health Management Academy, an educational services and consulting company that provides strategic advice to integrated hospitals and health systems. He is also counsel to the Academy Advisors, a policy analysis and development organization that analyzes federal policy issues of importance to hospitals and health systems. Prior to joining the Health Management Academy, Nathan was as an attorney in private practice, providing regulatory, transactional and corporate counsel to health systems and corporate clients. He has worked with health systems and providers on issues ranging from Stark and Anti-Kickback compliance to capital markets financing and mergers & acquisitions. A native of Tennessee, Nathan holds a Juris Doctor from Wake Forest University School of Law, and a Bachelor’s degree in Finance from East Tennessee State University.