UBS WMA Bolsters Its Muni Ranks
UBS Wealth Management Americas started to fill openings in its newly revived public finance business, with 19 employees joining the firm.
The hires include 13 in the New York City office, four in Chicago, one in Baltimore, and one in San Antonio.
“We are continuing to strengthen our Public Finance capabilities to more holistically serve our high net worth and ultra-high net worth clients’ liquidity, longevity and legacy goals,” said Peter Hill, head of public finance for UBS, in an internal memo Wednesday. “Critical to our success will be the talent and expertise of our team members who will be strategically located across our markets to provide coverage and expertise where it makes sense for our advisors and clients.”
The following professionals have joined or will be joining WMA Public Finance in the New York office:
Ed Tishelman joins as managing director and head of public finance strategies. He will coordinate banking pitches and RFP responses with tailor-made market and marketing strategies. Tishleman has broad
industry experience including 16 years as a municipal bond trader, managing sales and underwriting at J.P. Morgan, leading underwriting at Bank of America, running the municipal finance group at TD Securities and as a managing director at the municipal advisory firm Mohanty Gargiulo.
Michael Lexton will be joining as a managing director and the head of the transportation group. He comes to UBS from RBC where he was the head of the transportation group. His responsibilities included oversight of traditional financing for all modes of transportation and the development of public-private partnership financings. Prior to this he was in the public finance business at J.P. Morgan, Bear Stearns, and Merrill Lynch.
Eric Golynsky come to UBS as an executive director in the firm’s transportation finance group and will provide investment banking services to municipal transportation and infrastructure clients nationally. He brings over 12 years of dedicated transportation finance experience across all modes, senior managing over $15 billion of financings across the country. He also helps lead business development with project sponsors and developers to deliver P3 financing solutions. He is rejoining UBS, where he began his career in public finance, after spending nine years at BAML, Siebert Brandford Shank and PNC Capital Markets.
Giles Nicholson will be joining as executive director and lead quantitative banker. He was most recently at Wells Fargo in the public finance division and has also worked at Barclays, Lehman Brothers and J.P. Morgan.
Jake Plunkett joins as an executive director and northeast regional banker. He most recently worked at New York Life and prior to that he worked at numerous firms including Cadwyn Point Partners as the senior managing director heading up the capital markets group; at Raymond James as managing director & head of the short term products group and co-head of the Northeast public finance group; and as a VP at Goldman Sachs in the New York State banking group.
Mark Price joins as an executive director and northeast regional banker. He most recently worked at Loop Capital Markets as the head of strategic infrastructure finance and before that, he worked at various other firms including UBS and PaineWebber.
Timothy Veitch joins UBS as an associate and is coming over J.P. Morgan where he covered some of the largest municipalities in the Northeast, along with infrastructure and transportation issuers.
Conor Lanz joins the public finance team as a director within the New York banking team. He is an internal transfer most recently working as chief of staff for Bob McCann, Chairman UBS Americas. Prior to that, he held roles in the WMA and Americas COO group, as well as in communications & branding.
Amanda Parker joins the firm as a director within the transportation group. She began her career at Siebert Brandford Shank & Co. where she focused on the transportation industry within public finance and she is coming over from PNC where she was a transportation specialist.
Christopher Heine joins the firm as a quantitative associate and recently graduated from the United States Naval Academy.
Carlos Vazquez joins the firm as a public finance analyst. He began his public finance career at J.P. Morgan as an investment banking analyst. He has additionally worked as a bond finance analyst at NY State Homes and Community Renewal. Most recently, he worked on finance structuring for Northeast issuers at Samuel A. Ramirez & Co.
Henry Gadsden joins the team as a public finance analyst after completing UBS WMA’s 2-year rotational graduate talent program. As a GTP, he rotated through various business areas of the firm, including fixed income research, OTC equity derivatives and structured products.
Nicole Pey joins public finance as an analyst, after also completing the twoyear UBS WMA GTP program. As a GTP analyst, she worked in six different businesses across WMA including the equity advisory group and the chief marketing office.
Additionally, the following individuals have joined or will join the firm’s Chicago office:
Beth Coolidge is joining the firm as managing director and head of the Midwest region, in a move that was announced back on July 26.
Allison Pink has joined the firm as director and regional Midwest banker. She joins from PNC Capital Markets where she provided capital markets financing solutions to large government and higher education clients located in Illinois, Wisconsin, Missouri, Indiana, and Minnesota. While at PNC, she and Coolidge served as senior managing underwriter on four transactions for the City of Chicago and Chicago Public Schools totaling approximately $1.4 billion in total par.
Liberty Ziegahn joins the firm as a director and regional Midwest banker. She joins from William Blair – who recently scrapped its muni department, where she was an investment banking VP.
Nicholette Cameron has joined the firm as a public finance analyst. She joins from PNC Capital Markets and prior to that Fifth Third Securities.
Hill also announced that James ‘Jay’ H. Redd, Jr. has joined the firm as managing director and regional banker northeast. He will be based in Baltimore and is coming from Municipal Resource Advisors, LLC a firm he founded in 2011.
Frank Sánchez-Reed will join the firm as an executive director as the head of the southwest banking business. He will be based in San Antonio and has spent his career in the public finance arena and most recently was a public finance banker at Morgan Stanley.
“We are excited about the addition of this strong talent to our business. We continue to experience heightened interest across the regions and are confident that we are attracting the best in the industry,” said Hill.
This is the latest in a string of moves that started back in April when Hill left Wells Fargo where he had been since 2009. He then hired Angelia Schmidt as managing director and head of public finance underwriting in June.
UBS Wealth Management head of public finance Peter Hill said the talent and expertise of the firm’s team will be critical to its success.