Banco Popular de Puerto Rico

John Hirschfeld is the co-founder and CEO of Class Green Capital Partners, a New York City based firm that combines financial, sustainability, real state, and municipal expertise. Class Green has recently executed “green monetizations” for the City of Newark, NJ ($73 million) and Providence, RI ($35 million), which provided low-cost, general-purpose funding, while improving the energy and operating performance of the cities’ buildings.John has executed over $10 billion of real estate and related transactions, held senior positions at Citigroup and several leading real estate firms, and practiced law.John graduated from Harvard College and Fordham Law School.

Jim Maley heads up the law firm of Maley & Associates, a law firm with over twenty five years of experience representing private and public entities in economic development and land use projects, and is an experienced trial attorney. His redevelopment work has been recognized with an Achievement in Planning Award from the New Jersey Planning Association. Since 1996, Jim Maley has served as the Mayor of the Borough of Collingswood, where he has held elected office since 1989. During his tenure as Mayor, the Borough has a series of redevelopment successes in commercial and residential projects. In 2011, Forbes magazine named Collingswood one of the 10 Most Transformed Communities in America. The Borough's latest success is a transit-oriented downtown mixed-use development– the Lumberyard – being developed by the Borough that was awarded a Smart Growth Award for Downtown Redevelopment from New Jersey Future and an award from the American Planning Association. The Borough's downtown has been named one of the Great Places in America by the American Planning Association - the first place in New Jersey to receive the distinction - and Collingswood's Farmer's Market has been named America's Favorite Farmers Market by the American Farmland Trust.

Carol S. Kostik was reappointed Deputy Comptroller for Public Finance by New York City Comptroller John C. Liu in January 2010, after having been initially appointed to this position by Comptroller William C. Thompson, Jr. in 2006. Ms. Kostik directs City debt policy and issuance on behalf of Comptroller Liu for such credits as New York City General Obligation, Transitional Finance Authority and Municipal Water Finance Authority. During her tenure, Ms. Kostik has overseen $45+ billion of debt issuance. In May 2010, she received the annual Public Sector Award from the Municipal Forum of New York. Before joining the Comptroller’s office, Ms. Kostik was SVP and CFO of the NYC Housing Development Corporation and CFO of the Nassau County Interim Finance Authority. Previously, she was a vice president in Merrill Lynch & Company’s public finance department. Ms. Kostik holds a BA degree in political economy from Williams College and an MBA from Stanford University’s Graduate School of Business.

John C. Germain, Director, Mr. Germain is a member of our Housing Finance Group specializing in Military Housing Finance. He has over two decades of experience in complex residential and commercial real estate finance nationwide. His in-depth experience includes mortgage origination and analysis of single-family, multi-family and commercial, conventional and affordable debt and equity products. John began his real estate career with the Bank of New York's Mortgage Banking Group from 1991 to 1995. In 1995, he served as Director of Multi-family Finance for the New York State Housing Finance Agency, an issuer of mortgage revenue bonds for multi-family affordable housing in New York State. In 1997 he was appointed by the governor of New York to run the State of New York Mortgage Agency's Mortgage Insurance Fund, a $5 Billion multi- and single-family mortgage insurance fund. In 1998 he joined Lehman Brothers Public Finance Group where he first syndicated section 42 equity followed by joining their Housing Investment Banking Group. He is currently a Director with Barclays. He has financed both new issue and refundings of military housing transactions across all three divisions of the military. During his banking tenure, he has closed over $3.1 billion of Military Housing Privatizations including West Point, Navy Hawaii and The Air Force Academy. He has also financed an additional $2.9 billion of multi- and single- family debt and equity transactions. Mr. Germain received his B.A. from the University of Vermont and as a Registered Municipal Securities Principal he currently holds the Series 7, 52 and 63 certifications.

Untitled DocumentNewOak Capital MD Bruce Spectorheads NewOak’s Credit Markets and Fund Analytics function which focuses on delivering independent at-risk portfolio audits, structural analyses, and asset valuations on complex, primarily non-securitized, assets, including hard-to-value debt instruments, LP and GP fund interests, and distressed and illiquid credits.  His group provides municipal research coverage and ongoing valuations on behalf of a wide range of investors.  Bruce has 23 years of experience in fixed income and credit markets across numerous sectors including, corporate, financial, municipal, utility, oil and gas, petrochemical, healthcare, media, telecom, and shipping.  Prior to NewOak, Bruce was a consultant to BlackRock in connection with the evaluation of the multi-billion Euro and Pounds Sterling credit portfolios in the Irish Banking System, and before that led U.S. Debt Capital Markets and leverage loan trading at Fortis Securities.  He received a B.A. from the University of Pennsylvania and an M.B.A. from the Fuqua School of Business at Duke University. NewOak is a premier financial advisory firm involved in providing independent complex asset solutions. The firm’s services include litigation support, asset pricing/valuations, research, and portfolio purchase and exit strategies.  Its clients include many of the world’s leading financial institutions, asset managers, pension funds, and international law firms.

Ted Risher, a Senior Associate at BBPC, has more than 15 years of experience in managing real estate and infrastructure development projects, focusing on the structuring of mutually beneficial partnerships between public, private and institutional clients. Mr. Risher provides full-service, project life-cycle advisory services including concept feasibility and economic analysis, underwriting and financial modeling, deal structuring and closing support, and ownership representation in all phases of development. In addition to coordinating the services of the infrastructure business team at BBPC, Mr. Risher works with clients engaged in various development initiatives on improving financial performance, mitigating risk, and properly leveraging government and institutional credit. Prior to his tenure at BBPC, Mr. Risher worked for both public and private development organizations, structuring and closing transactions for projects all over the country and has managed development portfolios valued in excess of US$1 billion.

Paul Haley is a Managing Director at Barclays and heads up the firm’s housing group providing primary coverage to State Housing Finance Agencies across the country.  Paul was previously a Senior Vice President with Lehman Brothers and from 2001-2008, he led our tax exempt banking effort in the Northeast leading the firm to its’ #1 ranking in seven of those years.  Mr. Haley previously served as an Assistant District Attorney in Massachusetts and further served the Commonwealth as a State Legislator and from 1996 to 2000, he served as the Chairman of the House Ways and Means Committee presiding over the passage of five annual state budgets and numerous capital spending plans including the financing of the Central Artery/Tunnel Project, commonly known as “The Big Dig.” After graduating from Harvard with a degree in Economics in 1976, Paul volunteered for service in the U.S. Navy and earned his wings as a Naval Aviator in 1978.  He made several deployments as an F-14 Pilot to the Mediterranean Sea aboard the USS Eisenhower (CVN 69) with a home base at NAS Oceana, Virginia Beach. Upon his release from active duty in 1983, Paul embarked on a 27 year career in the Naval Reserve logging over 1,000 hours as a transport pilot and providing operational planning support to Second Fleet in Norfolk, Virginia.  He served as the Commanding Officer of four separate reserve component entities and his last assignment was as the Deputy Commander, Readiness Command Mid-Atlantic.  As the senior Reserve officer in the region, he served the needs of 21,000 sailors from West Virginia to Maine until his retirement in June of 2007.  His personal military awards include the Legion of Merit, the Meritorious Service Medal, the Navy Commendation Medal and several unit commendations and expeditionary medals.   

As Vice President of Solar Development, Aaron is responsible for business development, deal structuring, and transactional negotiations of large SolarCity projects.  He uses a vertically integrated approach in all phases of solar PV development to optimize economic outcomes for government and private sector clients.  Aaron’s recent work on “SolarStrong” (a financing package specifically structured for privatized military housing properties) is among the first debt+tax equity financings in the solar distributed generation market for a large portfolio of geographically diverse solar systems.  This innovation has significantly lowered customer costs of fully financed, distributed generation solar systems.   Prior to joining SolarCity, Aaron was a Senior Vice President of Development at global real estate developer Lend Lease Corporation.  With a focus on Public-Private Partnerships, Aaron led teams of diverse real estate development, finance, legal, asset & property management, and design & construction professionals through the business development and deal structuring of transactions throughout the United States.  His accomplishments included numerous privatizations of military family housing projects ranging from $250M to $2.2B in transactional size, and leading the Lend Lease business through its then largest rooftop and ground-mounted distributed generation renewable energy projects.Past career experience also includes a regional Design-Build Director role for Montgomery Waston Harza, and service as an Officer in the US Navy’s Civil Engineer Corps.In 2007, Aaron was recognized as one of Building Design + Construction Magazine’s “40 under 40”, selected in recognition of outstanding leadership in commercial construction.  Aaron holds a M.S. degree in Environmental Engineering from the University of California, Berkeley, a B.S. degree in Civil Engineering from California State Polytechnic University, San Luis Obispo and is a licensed Professional Civil Engineer.

John McCray-Goldsmith is an investment banker at Barclays, where he leads the firm’s western region transportation infrastructure finance practice. A fifteen-year veteran of the municipal bond market, his work with California mass transit agencies includes financings for several of the entities that will be receiving the first injection of high speed rail connectivity funds which were approved by the California Transportation Commission in June, 2012. From 2006 to 2008, he served on the financial advisory team to the California High Speed Rail Authority. A frequent flier on the San Francisco to Los Angeles corridor, he looks forward to enjoying a one-seat high-speed train ride from the Transbay Terminal to Union Station in his lifetime.