Banco Popular de Puerto Rico

Torsten Slok joined Deutsche Bank Securities in the fall of 2005 and is a senior member of the Global Economics Team. Prior to joining the firm, Dr. Slok worked at the OECD in Paris in the Money and Finance Division and the Structural Policy Analysis Division. Before joining the OECD he worked for four years at the IMF in the Division responsible for writing the World Economic Outlook and the Division responsible for China, Hong Kong and Mongolia. Dr. Slok studied at Princeton University and University of Copenhagen. He has published numerous journal articles and reviews on economics and policy analysis.

Grant Holland, the director of WSA’s public-private initiatives practice, began his career in 1982 as chief assistant to the chairman of the Arizona Corporate Commission, the state’s public utility commission. In this role he worked with policy makers, lawyers, bankers, and other decision makers, and this experience in dealing with high-level people in government and private industry provided the background he needed to begin working with public-private partnerships. Since then he has held executive and management positions in the infrastructure and development industries. He worked for InterWest Company, which in the mid-1990s managed the development of toll road projects including several in Minnesota, Washington, California, Arizona, and South Carolina in which Wilbur Smith Associates participated. He was recruited to join WSA in 2001 as a senior project manager with the toll finance and technology group, and he initially specialized in privatization work. He has focused primarily on large public-private partnerships for transportation, and has also participated in P3 and privatization efforts for parking and water/wastewater ventures. He has been involved in projects with a combined value of more than $30 billion. Grant identified public-private initiatives as an emerging niche market and positioned WSA to take advantage of the opportunities it offers. He developed and now leads WSA’s alternative delivery systems practice, providing advisory services on P3 procurement and development to state and other public agencies and overseeing work for private P3 clients. He has been successful in helping a number of state departments of transportation to focus on public-private partnerships and approach them in a more thoughtful manner, and he is one of only a handful of professionals who has worked with a nation to develop P3 and public toll authority processes. He led a team in developing a network of 5,800 kilometers of toll roads for the Republic of India connecting the major metropolitan areas of Delhi, Bombay, Madras, and Calcutta.

Brian McGough, Managing Director and Head of Healthcare Group, has over 20 years of healthcare and public finance investment banking experience. Mr. McGough has been involved in over $25 billion of tax-exempt and taxable financings, project financings, derivative structures, pooled financings, mergers, acquisition and divestitures for healthcare entities ranging from multistate systems and academic medical centers to community hospitals across the U.S. The U.S. Bank healthcare banking practice is focused on asset liability management, strategic capital planning and capital raising, debt restructuring, credit analytics and investor strategies. Mr. McGough received his B.S. from Bradley University and his law degree from Northern Illinois University. He remains admitted to practice law in a variety of jurisdictions including the United States Tax Court and United States Supreme Court. Mr. McGough has served on the boards of a variety of corporations and previously served as a member of the Board of Trustees of Bradley University.

Joe Seliga is a partner in the Chicago office of Mayer Brown and is a member of Mayer Brown�s Global Infrastructure and Government & Global Trade practices.Joe has extensive experience in complex government transactions, particularly in the infrastructure sector. Joe advises on path-breaking road, bridge, airport, port, public parking, mass transit, convention center and lottery concession and public-private partnership transactions, including many "Deal of the Year" award-winning transactions, serving in different transactions as either government entity counsel, sponsor�s counsel or lenders� counsel.In addition to his transactional work, Joe represents clients in various state and local government matters, including in the areas of ethics, election and campaign finance law, economic development incentives, public utility franchise and tax issues and legislative drafting and statutory interpretation. Joe acted as counsel to the Chicago 2011 Transition Committee, the Chicago 2011 Inaugural Committee and the Illinois Inaugural Committee 2011 and is currently serving on the Illinois Campaign Finance Reform Task Force as an appointee of Governor Pat Quinn.Before joining Mayer Brown�s Chicago office in 2001, Joe served as Law Clerk to the Honorable Danny J. Boggs, US Court of Appeals for the Sixth Circuit. After receiving his undergraduate degree, he worked as Resource Development Director of the Southwest Youth Collaborative in Chicago.

Michael Zezas is Morgan Stanley’s Chief Municipal Strategist.� He’s been recognized by Institutional Investor Magazine as a member of its All-America Fixed Income Research team, is a Smith’s Research & Gradings All-Star 1st Team member, and is a member of SIFMA’s muni policy committee.Michael joined Morgan Stanley in 2007 in the role of Head of Credit Analysis for the US Investment Group, a buy-side asset manager, and was responsible for municipal and corporate credit portfolio strategy and management.� Prior to joining the firm, he was a credit analyst in the public finance group at Fitch Ratings, and started his career as a Coro Fellow in Public Affairs.Michael earned a BA in Political Economy from Georgetown University and a MPA from the LBJ School of Public Affairs at the University of Texas at Austin.� He is a CFA charterholder and a member of the CFA Institute, the New York Society of Securities Analysts, the National Federation of Municipal Analysts, and the Municipal Analyst Group of New York.

Mr. Cagle has been with the City of Phoenix Aviation Department since 2007. The City operates Phoenix Sky Harbor, Deer Valley and Goodyear Airports and is part owner of the Phoenix Mesa Gateway Airport. Mr. Cagle currently oversees all financial functions of the airport system including the operating budget, airline rates and charges, the PFC program, and debt management. Mr. Cagle served on the leadership team tasked with securing FAA approval for the collection and use of PFC’s for the PHX Sky Train. This $1.5 billion transportation project will connect all airport facilities with the area’s light rail system. He also led the team through the issuance of approximately $900 million of airport revenue bonds for vital airport projects, and maintained Sky Harbor’s AA-, Aa3 (S&P, Moody’s) senior lien credit rating.