Banco Popular de Puerto Rico

Richard Han manages Edward Jones’s Western Region Investment Banking operations. Rick joined Edward Jones in 2008 and has worked with states, local governments, school districts, universities, hospitals, airports, and utilities to raise over $27 billion in capital for new-money projects and refundings. Rick specializes in structuring fixed-rated municipal bonds for distribution directly to individual investors in the retail market. Rick earned a B.A. in history from the University of California at Berkeley, a J.D. from the University of Oregon School of Law (Oregon Law Review), and an M.B.A. in finance and strategy from Washington University in St. Louis. Rick maintains FINRA Series 7 and 66 licenses.

Victor Hsu is a public finance partner in the Los Angeles Office of Norton Rose Fulbright, specializing in transportation and municipal utilities.� His transit finance experience includes advising the Los Angeles County Metropolitan Transportation Authority as Borrower�s Counsel in connection with three TIFIA Loans aggregating over $1.5 billion in principal amount.� The most recent of these, the $856,000,000 TIFIA Loan for the Westside Purple Line Extension Project (Section 1), closed in May 2014 and is the largest TIFIA Loan for a mass transit project in the program�s history.Victor earned a J.D. from Yale Law School and an A.B. from Princeton University.��

Tim Reimers is passionate about project and infrastructure finance.� As a team leader for Polsinelli’s public finance and real estate finance practices, Mr. Reimers helps clients finance their capital needs.� His experience and reputation is built on innovative work in a wide range of projects financed with public securities and traditional mortgage lending.� He prides himself on understanding a client’s business and operations in order to achieve the client’s financing goals.� Mr. Reimers has experience assisting cities, counties, utility districts, ports, airports, schools, hospitals, high-speed rail, the State of California and its various agencies, as well as companies and investors, raise capital and borrow to finance projects and improve the national infrastructure.� Mr. Reimers is recognized as a leading securities and disclosure counsel.� He also has extensive experience in real estate transactional matters, including financings on behalf of lenders and borrowers, owners, property management, leasing, purchase and sales, mortgages and deed of trust matters, complex sale and leaseback transactions, loan restructuring and other workouts, development and title matters.� Mr. Reimers leads training seminars on various topics, including securities and disclosure responsibilities and compliance with SEC rules for staff and attorneys as well as opportunities for real estate lenders in the public finance markets.

Mr. Bengali has 27 years of public finance experience, the last 15 of which have been spent overseeing Stone & Youngberg’s Transportation Group (and now Stifel Nicolaus’ national Transportation Group). Mr. Bengali serves as the firm’s lead banker for the transportation programs of the Bay Area Toll Authority, the Santa Clara Valley Transportation Authority, the Orange County Transportation Authority and the San Diego Area Governments Transportation program.In addition, Mr. Bengali has worked on the transportation/transit funding programs of the Arizona Transportation Board. These assignments include the $9 billion toll bridge system debt program for BATA, the $1.5 billion sales tax Measure A program for VTA, the $700 million sales tax proposition A program for SANDAG, and the multi-billion dollar HOT lanes funding program for MTC. Mr. Bengali also led Stone & Youngberg’s team in serving as a co-manager for OCTA’s Measure M2 financing program. Prior to joining Stone & Youngberg, Mr. Bengali worked in project finance and engineering consulting, including a tenure at the World Bank. At the World Bank, Mr. Bengali structured the highway toll system lending programs for Singapore and Santiago, Chile. Prior to his work in public finance, Mr. Bengali’s engineering consulting career included design and implementation of large public works projects. Mr. Bengali earned a Bachelor of Arts degree in economics from Swarthmore College, a Master’s Degree in civil engineering from the Massachusetts Institute of Technology and a Master’s degree in business administration from the Wharton School of the University of Pennsylvania. In addition to non-recourse revenue bonds in the transportation sector, Mr. Bengali has structured numerous transactions for municipal clients where other non-recourse revenue has been pledged to achieve the financing goal. For example in structuring real-estate transactions commonly used in California that rely on a defined parcel tax; for golf course projects that rely on system revenues and power systems that rely on energy generation.

Karol K. Denniston has provided bankruptcy analysis and counsel to clients for more than 20 years. Currently, her practice is focused on municipal restructurings, including working with municipalities and creditors in connection with the pre-bankruptcy neutral evaluation process and in planning for efficient and cost-effective Chapter 9 bankruptcy filings. Ms. Denniston played a key role in the drafting and passage of Assembly Bill 506 (AB 506) that requires municipalities in California to participate in a neutral evaluation process before filing for bankruptcy. In addition, Ms. Denniston provides bankruptcy advice and counsel in connection with structured finance transactions designed to manage credit and collection risk by utilizing appropriate debt and equity structures. She frequently represents parties in Chapter 11 proceedings, most recently representing the Official Creditors Committee in the Round Table Chapter 11. She frequently advises lenders and borrowers in distressed commercial real estate restructuring transactions and often advises private equity clients on bankruptcy risk and restructuring. She is an experienced mediator and arbitrator, and has utilized all forms of alternative dispute resolution on behalf of clients to resolve matters arising in distressed multinational and domestic transactions.

Eric L. Sandler is Director of Finance for East Bay Municipal Utility District. He has over 25 years of experience in municipal and infrastructure financing. Prior to joining the District, he was Director of Finance/Treasurer at the San Diego County Water Authority. He also served as Director of Financial Planning and Acting Director of Finance for the San Francisco Public Utilities Commission. Previously, he was employed by Lehman Brothers in the municipal investment banking group in San Francisco. He has a Bachelor�s degree in Biology from Stanford University and a Master�s degree in Business Administration from the University of California, Berkeley.

Kevin Klowden is director of the California Center at the Milken Institute and a managing economist in the research group. His primary focus is on demographic and spatial factors such as the distribution of resources, business and labor in a region, the effects of public policy on these factors, and the subsequent impact on regional economies, particularly California. Klowden was the lead author of "Film Flight: Lost Production and Its Economic Impact in California" and its recent follow-up, “Fighting Production Flight”, "California’s Position in Technology and Science,” and “Charting a Course for Arizona’s Technology-Based Economy.” He has written about the role of transportation and freight infrastructure on job growth in "California's Highway Infrastructure: Traffic's Looming Cost," "Jobs for America," and the Wall Street Journal, among other publications. In addition to writing on the role of technology-based development in publications such as "North America's High-Tech Economy," he has written on and spoken about state fiscal issues including the effect of long-term obligations and international factors on municipal finances.He holds graduate degrees from the University of Chicago and London School of Economics.

Henry McLaughlin was appointed Management Analyst III to supervise the Administrative Section of the Water Division in 1994. This section includes accounting, finance, budget (operations and maintenance, capital and debt service), rate setting, personnel, safety, risk management, customer service, purchasing, the Conservation program and special projects. Prior to transferring to the Water Division, he was a Senior Budget Analyst in the Budget and Management Services Division (BMSD), a Management Analyst in the Transit Department and a Fleet Administrative Supervisor in the Fleet Management Division. Henry started his career with the City of Fresno as a volunteer in BMSD in 1984 before accepting a temporary position and then moving over to Fleet Management. He has been a permanent employee with the City of Fresno since 1986. Henry graduated from California State University Fresno in 1980 with a BS degree in Business Administration.

Tom McLoughlin manages the fixed income research team at UBS Financial Services, where he focuses on both the taxable and tax exempt markets on behalf of wealth management clients. In his current role, Tom focuses on economic policy, corporate credit, preferred securities and tax exempt bonds.Tom has spent 30 years in the credit markets and served as CEO of National Public Finance Guarantee Corp before joining UBS. Prior to his tenure at National, he held a number of positions at MBIA Insurance Corp., including head of Global Public Finance. His career also included service with Legg Mason, the GFOA, and Moody's Investors Service. He holds a bachelor’s degree from SUNY Albany and a master’s degree from George Washington University.

Marc Joffe is a policy analyst at the Cato Institute and outgoing chairperson of the XBRL US Standard Government Reporting working group.