Banco Popular de Puerto Rico

Ms. Jones joined Raymond James in 2005 to head the Firm’s Houston based Public Finance operation. She has over 30 years of experience with municipal issuers including cities, counties, tollroad authorities, regional mobility authorities, school districts, charter schools, public power agencies, higher education entities and state agencies. She has structured a multitude of transactions for general obligations bonds backed by ad valorem taxes as well as revenue bonds secured by a wide range of revenues such as utility system fees, sales taxes, hotel occupancy taxes, vehicle registration fees, student fees, toll fees and parking fees. �Ms. Jones is a highly seasoned senior investment banker experienced with various municipal issuers throughout the State of Texas and the Southwest. Ms. Jones is a graduate of Valparaiso University with a Bachelor of Science degree in Business Administration, with a concentration in Finance. Ms. Jones is a founding Board Member of the Texas Chapter of Women in Public Finance. She is a past Board Member of the Greater Houston Convention and Visitors Bureau as well as a past member of the Board of Directors for The Municipal Advisory Council of Texas.�

Mr. Gordon is a managing director in the Dallas headquarters of Estrada Hinojosa with 30 years of professional experience including twelve years in public finance. He is the Lead or Co-Lead Banker to numerous municipal clients including airports, cities, counties, higher education institutions, school districts, toll road authorities, and transit authorities. He has served as a Lead Banker on approximately 400 financial advisory or underwriting transactions with a combined par value of nearly $20 Billion.Mr. Gordon serves as the lead financial advisory banker for the firm to DFW International Airport and previously served as the lead banker to Denver International Airport and the Houston Airport System.� He has helped complete over 70 fixed and variable rate airport financial advisory transactions for a combined par value of over $12 billion. Other transportation clients where Mr. Gordon serves as the lead financial advisor banker include Cameron County Regional Mobility Authority, Dallas Area Rapid Transit (DART) and the Metropolitan Transit Authority of Harris County (Houston Metro).Prior to joining Estrada Hinojosa, Mr. Gordon served as a senior vice president and chief technology officer at a commercial real estate and construction company where he managed the development of financial and project management software to support the company’s clients and was on the company’s executive committee. He has also held other business, technology and engineering leadership positions in the financial software, manufacturing and logistics industries.In addition to his business experience, Mr. Gordon served five years in the U.S. Army as a commissioned officer and Army helicopter pilot in the U.S., Honduras and Korea. His duty assignments included tours as Flight Operations Officer, Logistics Officer and Budget Officer.Mr. Gordon received his B.S. degree in Engineering Management with a minor in Civil Engineering from the United States Military Academy at West Point and his M.B.A. from Savannah State College. He has also conducted additional postgraduate work at Southern Methodist University and Portland State University.� He is a Registered Representative and Registered Municipal Principal of FINRA as well as a Registered Investment Advisor.� He is actively involved with a number of charitable and civic organizations and serves on a number of boards including the Municipal Advisory Council of Texas (MAC).

Daryl L. Fowler was re-elected to a second term as the constitutional county judge of DeWitt County in 2014 without opposition. He entered public service in 2011 following a career in the insurance and financial services industry that began in 1982 as an account executive at E. F. Hutton & Company in Fort Worth.Texas Railroad Commissioner David Porter appointed him to the Eagle Ford Shale Task Force in 2011 and in 2012 he was appointed to the TxDOT Energy Solutions Task Force where he served on the Finance Subcommittee.During the 83rd and 84th sessions of the Texas Legislature he organized a coalition of counties in the Eagle Ford Shale that advocated funding solutions to pay for the damages to county roads caused by oil and gas exploration. His efforts led to the passing of landmark legislation including SB 1747 (83-R), HJR 1 and Proposition 1 (83-S1), and HB 2521 (84-R) that redirect state revenues toward state and county road construction efforts in the energy sector.Under his leadership as chief budget officer, the commissioner’s court has adopted tax and budget policies that lowered the property tax rate by 28 percent, appropriated more than $78 million toward road and bridge efforts, and authorized the early redemption of two series of county-issued debt.His formal education includes a BBA degree from Texas Christian University in 1982 and a certificate in Petroleum Land Practices from TCU in 2008.In addition to being a constitutional county judge, he manages a family-owned cattle ranch south of Yoakum and is a deacon in his church. He and his wife, Lisa, have three children.

Jeff is a Principal and Managing Director of the firm and serves as a voting member of the investment committee. He joined Sage in 2003 and is the senior portfolio manager and trader for the tax-exempt fixed income strategies. He began his career in the Municipal market at MFS Investment Management in Boston in 1999 and has extensive experience in portfolio management, municipal credit analysis and security trading.� During his time at Sage, several of the Firm’s municipal strategies have been ranked in the Top 10 by both PrimaGuide SMA and Lipper Universes.� Jeff received his B.S. in Business Administration from Villanova University in 1997, is a Chartered Financial Analyst, and is a Chartered Market Technician.� �He is a member of the CFA Institute, the Market Technicians Association, the National Federation of Municipal Analysts and the Southern Municipal Finance Society.

Jake advises Promontory clients on a wide range of securities-related regulatory, compliance, and enforcement issues. Prior to joining Promontory in 2015, he served as associate general counsel to the Public Company Accounting Oversight Board, and previously spent several years at the SEC, most recently as senior special counsel in the office of the general counsel. Jake began his career as an enforcement lawyer in the SEC’s New York office. He holds a B.A. from Wesleyan University and a J.D. from Boston College Law School.

Ms. Yee has over 25 years of investment portfolio management and financial trading experience acquired while directly managing the investment portfolios of two $25+ billion asset size regional banks and a very large global energy company.As the Director of Investment Management of Associated Bank, N.A., she is the senior portfolio manager of the regional banking company’s $6.2 billion investment portfolio.� Associated’s investment portfolio consist of over $1 billion in par value of Bank Qualified (BQ) municipal securities and approximately $5 billion of taxable agency residential mortgage backed securities and agency commercial mortgage backed securities.� Her other experiences and responsibilities include the management of the bank’s approximate $535 million of Bank Owned Life Insurance (BOLI) which are invested in general account and separate account investment strategies.Additional experiences includes wholesale funding, equity and debt issuances, optimization of bank regulatory capital as it relates to investment portfolio products and strategies and over 25 years of interest rate derivative swap experience.� Current employer, Associated Bank, N.A., past employers, FirstMerit Bank, N.A., BP America, (American corporate affiliate of the British Petroleum Company), KeyBank, N.A., and AmeriTrust, N.A.Ms. Yee completed the Executive Master of Business Administration (MBA) program of the Weatherhead School of Management - Case Western Reserve University, Cleveland, Ohio and a Bachelor of Science degree from Baldwin Wallace College, Berea, Ohio. ���

Mr. Slack has been an investment professional for more than 30 years, primarily serving institutional clients in a fixed income sales capacity. Mr. Slack joined RBC Capital Markets in 2008 to form the Institutional Middle Market Sales Division, now a team of more than 40 sales professionals.Prior to joining RBC Capital Markets, Mr. Slack served as a Managing Director, Principal with Bear Stearns & Co, Inc. for 20 years where his duties included Senior Institutional Fixed Income Sales in addition to a role in Sales Management.Mr. Slack holds a Bachelor of Business Administration in Finance from The University of Iowa.Mr. Slack holds Series 7 and Series 63 securities licenses.�

Steven J. Murphy joined the Kentucky Communications Network Authority in 2015 to assume the role of Chief Financial Officer.Steve relocated to Lexington, Kentucky after retiring following a 34 year career with Standard and Poor’s, to be near two of his three daughters who attended the University of Kentucky.�At the time of his retirement, Steven was a Senior Managing Director and the Head of Standard and Poor’s U.S. Public Finance Department.In that role, he led the department responsible for rating over 19,000 publicly rated entities, including:� U.S. States and Local Governments, Public and Private Higher Education, Not for Profit Health Care, Tax Exempt Housing, Municipal Utilities, Municipal Structured, Public Power, Airports, Ports and Toll Roads and Infrastructure.Previously, Steven was the head of the State and Local Government Ratings Group. Before that, he led the department’s Municipal Enterprise Ratings Group. He has significant experience analyzing many types of debt structures. .Steven is a member of several state Government Finance Officers’ Associations, the National Federation of Municipal Analysts, the Society of Municipal Analysts, the Municipal Forum of New York and the Municipal Analysts Group of New York.Steven has a bachelor’s degree in Finance and Accounting from St. John’s University and completed graduate studies at the University of Virginia.

Ronald Bordelon is the Chief Facilities Officer for the Louisiana Department of Education Recovery School District and oversees all aspects of the $1.8B School Facilities Master Plan for Orleans Parish, the largest school disaster recovery program in US history. As former Chief Executive of a privately-held real estate development firm, and appointment by the Governor of Louisiana to the State Board of Commerce and Industry, Ron brings a unique blend of both public and private sector approaches to disaster recovery and large construction programs.Admitted in both State and Federal Courts as a real estate and construction expert, he is supported by multi-state licenses in real estate, appraisal, construction, and various professional certifications.Ron holds a Bachelor of Science degree in Business Administration, a Master of Science degree in Human Resource Development, and is ABD earning a Ph.D. in Global Leadership and Organizational Development, presenting at international conferences in London, United Kingdom and Montreal, Canada. Ron developed both Corporate Facility Planning and Commercial Financing Strategy curriculums as part of a Master of Real Estate program, and serves as an Associate Professor for Villanova University in the Graduate School of Arts and Sciences.