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Douglas J. Kilcommons is a Managing Director in the Public Finance team at Kroll Bond Rating Agency (KBRA). He is responsible for assigning and maintaining debt ratings on municipal issuers including tax-supported state and local government credits, as well as revenue-supported credits including transportation/project finance, higher education and health care. Doug also serves as rating Chair for Public Finance Credit Committee and is actively involved in methodology development and refinement.
Prior to joining KBRA, Doug served as a Senior Credit Officer and Executive Loan Committee member at First Republic Bank. In this role, Doug was responsible for approving loans to nonprofits, including educational and cultural institutions and social service providers. He also partnered closely with business bankers to tailor solutions to the unique needs of nonprofits and participated actively in the firm’s targeted client calling effort. In April 2020, Doug was asked to manage the credit process for the U.S. Small Business Administration’s Paycheck Protection Program (PPP) loans and served as senior credit approver on several complex PPP bankruptcies and loan workouts. Doug also mentored business banking support analysts at First Republic, notably on accounting for tax-exempt organizations and on underwriting fundamentals.
Previously, Doug held senior positions at Wells Fargo Bank, most recently as National Credit team manager for the Education/Nonprofit Banking team. In this role, he was responsible for extending credit to college, university, and nonprofit clients, monitored a $6.9 billion portfolio of loan commitments, and managed a team of portfolio managers. He also held senior positions at Moody’s Investor Service, where he headed the Public Finance Local Government Surveillance team, and at Fitch Ratings, where he was managing director of the Education/Nonprofit and Tax-Exempt Housing sectors. While at Wells Fargo, Moody’s and Fitch, Doug refined analytic policies and practices, authored risk acceptance criteria and rating methodologies, and oversaw development and implementation of credit monitoring and surveillance systems. Doug also held positions at Radian Asset Assurance, Neuberger Berman, and Barclays. He began his career as a municipal analyst at Standard & Poor’s, focusing on enterprise credits, including higher education, health care, and transportation.
Doug holds a B.S. in financial management from the State University of New York at Binghamton and an MBA in investment management from Pace University.
Maria Sazon has been a Director in the Public Finance Underwriting Team of Assured Guaranty since July 2013, specializing in higher education financings and various tax backed, special districts, and enterprise credits. Previously, Maria was a Vice President and senior municipal research analyst in the Fixed Income Group of asset management company AllianceBernstein for 13 years. As a generalist with focus on education bonds, Maria was responsible for investment recommendations for the short-term, intermediate-term, and long-term tax-exempt portfolios. Additionally, Maria has experience in public charter school financings and policies as Senior Director of Facilities Initiatives at the National Alliance for Public Charter Schools in Washington, D.C. and subsequently, as Director of School Finance at the State University of New York (SUNY) Charter Schools Institute, the largest charter school authorizer in the state of New York.
Maria is a member of the Board of Governors of the National Federation of Municipal Analysts.
Maria holds a B.S. Degree in Business Management from Saint Peter’s University where she graduated Summa Cum Laude and a M.B.A. in Finance from Fordham University.
Daniel Solender is responsible for the oversight of all of Lord Abbett’s Tax-Free Fixed Income investment activities, including portfolio management, research, and trading. He also serves as the lead Portfolio Manager for the firm’s Tax-Free Fixed Income strategies. In addition, Mr. Solender serves on the firm’s Investment and Management Committees.
Mr. Solender joined Lord Abbett in 2006 and was named Partner in 2008. His previous experience includes serving as Vice President and Portfolio Manager at Nuveen Investments; Principal and Portfolio Manager at Vanguard Group; and Financial Analyst/Assistant Manager, Research and Product Development at Citibank. He has worked in the financial services industry since 1987.
Mr. Solender has been featured in a number of financial media outlets, including The Wall Street Journal, Investor’s Business Daily, Barron’s, USA Today, Bloomberg News Service, Reuters News Service, and Dow Jones Newswires, and has appeared on Bloomberg Television, BNN, CNBC, and First Business Morning News. He earned a BA in history from Columbia University and an MBA from the University of Chicago. He also is a holder of the Chartered Financial Analyst® (CFA) designation.
Adam Gordon is a partner in Nixon Peabody’s Project Finance and Public Finance group. His practice concentrates on infrastructure, economic development, and project finance.
Adam serves as bond counsel, disclosure counsel, underwriters’ counsel, and bank counsel on tax-exempt and taxable bond issuances. He has worked on private activity, nonprofit, housing, transportation, pooled lending, waste management, and public power financings, and has written and published articles on public finance topics.
Justin Marlowe is a Research Professor at the University of Chicago’s Harris School of Public Policy, where he also serves as Associate Director of the Center for Municipal Finance. He has published five books – including the forthcoming Public Debt Management: Strategy and Evidence (Cambridge University Press) – and dozens of articles on the municipal bond market, infrastructure finance, governmental accounting, and local fiscal policy. He regularly works as an expert witness in federal and state courts, and has served on technical advisory bodies for the California State Auditor, the Governmental Accounting Standards Board, and the Chicago Metropolitan Agency on Planning, among many others. He is a Fellow of the National Academy of Public Administration and co-hosts (with Liz Farmer) the popular Harris School-sponsored podcast “The Public Money Pod.” He holds a Ph.D. in political science and public administration from the University of Wisconsin-Milwaukee.
Dan Seymour covers credits primarily in the Northeast region. He previously covered credits for US state ratings. He joined Moody’s in 2011 and has experience in a diverse portfolio of states, localities, utilities, transit systems, and special tax credits.
Prior to joining the Ratings and Process Oversight Group within Credit Strategies and Standards, he was a lead analyst for US states and before that, US local governments. Before joining Moody’s, he was a reporter from the Associated Press and the Bond Buyer Newspaper.
Dan holds a BA from Rowan University and a Master’s degree from Baruch College. He is a Chartered Financial Analyst charterholder.
Gabrielle Facquet is an Executive Director in Morgan Stanley’s Public Sector Group, where she provides quantitative coverage and structuring leadership for municipal issuers, including serving as lead banker for the City of New York and Port Authority of New York and New Jersey, among others. Since entering public finance more than 12 years ago, she has structured and executed over $50 billion of senior-managed financings across a wide range of issuer types and security structures.
Prior to joining Morgan Stanley in 2023, Gabrielle worked at Jefferies and BofA Securities, where she also led quantitative coverage for a wide range of high-profile issuers, such as the City of New York and the Commonwealth of Massachusetts. Her experience spans major states and cities, as well as municipal transportation, airport, utility, P3 and higher education credits across the country.
Among her other interests, she also serves as Vice President of the Associate Board for the Municipal Forum of New York. Gabrielle earned both her B.S. and M.S. in Operations Research & Information Engineering from Cornell University.
