Banco Popular de Puerto Rico

Sara Brown has worked in municipal finance since 1996, beginning her career as a policy analyst and lobbyist in Washington DC first for Public Securities Association (PSA, the predecessor to the Securities Industry and Financial Markets Association) and then for the National Association of Local Housing Finance Agencies (NALHFA). She moved into investment banking in 1997, focusing mainly on cities, counties and special districts in California. Ms. Brown joined Stone & Youngberg (which was later acquired by Stifel) in 2000, serving as investment banker to agencies throughout the State of California and other western U.S. states. Her assignments while at Stone & Youngberg/Stifel have covered a range of financing structures available to municipalities, however she has particular expertise in tax increment, land-secured (community facilities district, assessment district and public improvement district), water and wastewater enterprise and general fund financings. Since joining the firm, she has been actively involved in bringing to market more than 240 successful California financings totaling nearly $5 billion. Included in this total are development/redevelopment financings for the California Cities of Santa Monica, Irvine, Tustin, Malibu, Camarillo, Burbank, Fontana and Riverside, as well as the Counties of Santa Cruz, San Bernardino and Riverside (among others). She was the lead banker on the first (and, to date, only) land-secured community facilities district financing within the State of Hawaii. Ms. Brown graduated from Syracuse University with a bachelor’s degree in Economics and Applied Statistics. She received a master’s degree in Public Sector Financial Management from the University of Maryland.

As a member of the Tax-Exempt Municipal Team located in Orlando, Fla., Andreson leads a credit team that focuses on credit research and investment strategy for a group of tax-free municipal bond funds and separately managed accounts.� He is responsible for sector and security recommendations that add value to the overall portfolio management process. Previously, Scott was a Senior Vice President and the Head of Municipal Bond Research for The Hartford�s Investment Management Company�s Municipal Group, and other positions included a First Vice President at Ambac, a Senior Securities Analyst for RiverSource Investments at Ameriprise Financial, and a Director in Fitch Ratings� Global Power Group, based in Fitch�s San Francisco�s officeScott has more than 20 years of credit experience and has published and spoken on industry and investments relevant to municipal securities. He earned a Bachelor of Science from North Dakota State University and a Master of Public Administration from the University of Southern California. He is a current board member of the National Federation of Municipal Analysts.

Cynthia Friedlander is the Director, Fixed Income Regulation within FINRA Regulatory Operations. Ms. Friedlander is responsible for directing FINRA’s policies and national programs related to fixed income securities, including related regulatory matters in FINRA District Offices. Specifically, she is responsible for the design, development and delivery of fixed income policy guidance to staff throughout FINRA, as well as to member firms, and is one of FINRA’s primary representatives in fixed income regulatory matters with the Municipal Securities Rulemaking Board (MSRB) and the Securities and Exchange Commission (SEC). Ms. Friedlander represents FINRA at government agency, SRO, and industry and advisory meetings and is a staff liaison to FINRA’s Fixed Income Committee.� She holds a bachelor’s degree in government from the University of Virginia and an M.B.A. with a concentration in finance from George Mason University.

Jessica Giroux is General Counsel and Managing Director, Federal Regulatory Affairs for the Bond Dealers of America. She is responsible for member engagement, outreach to regulators and staff on Capitol Hill, research, analysis and information collection regarding regulatory initiatives derived from efforts at FINRA, the MSRB and the SEC as well as overseeing legislation on Capitol Hill.Prior to joining the BDA, Jessica served as Chief of Staff and Counsel to New York State Senator James Alesi where she led the office’s legislative initiatives, including drafting bills for consideration by the full Senate. �Jessica also spent four years in the DC offices of former NYC Mayor Michael Bloomberg where she was senior legislative staff focusing on issues related to transportation, energy, environment, census and immigration.Jessica obtained a bachelor’s degree in Political Science from the State University of New York at Albany a law degree from Albany Law School of Union University.� She is admitted to the New York State and U.S. Supreme Court Bar.

Jonathan Stern is a Managing Director at Fundamental Advisors LP, a leading alternative asset manager dedicated to the municipal markets.� Mr. Stern focuses on distressed and special situation investment opportunities across a variety of subsectors including housing, healthcare, infrastructure, tribal gaming, and state & local governments.� Additionally, he oversees the private equity platform�s market-driven opportunities portfolio.� Mr. Stern graduated from Bucknell University with a BA in history.�

Jonathan Bowles is the Executive Director of the Center for an Urban Future, a Manhattan-based think tank dedicated to independent research about key policy issues facing New York and other cities. During his 12 years at the Center, he has been the architect of the policy agenda for the Center and is responsible for making it one of New York's most innovative and influential organizations and one in which its policy ideas are well-respected and widely used by policymakers, business leaders, and nonprofit practitioners.At the Center, Jonathan has authored more than two-dozen reports, including a widely acclaimed 2007 study about the significant impact immigrant entrepreneurs are having on cities' economies, an influential study about New York City's innovation economy and a report about how to retain and grow New York's middle class. He has been asked to be a guest contributor for the New York Times, the Daily News and The Council on Foreign Relations on a range of urban issues including New York City's need to diversify its economy and immigrant entrepreneurs. His research about key economic trends facing New York and its five boroughs, the value of small businesses to cities, and the economic impact of industries ranging from air cargo to biotechnology has been covered in publications ranging from the New York Times and USA Today to The Economist. Jonathan is a frequent moderator and speaker at conferences and panel discussions on urban policy in New York and nationally.In November 2008, the New York Times' City Room blog featured him in their "Ask the Expert" column, in which he fielded questions from readers for one week about the challenges facing immigrant entrepreneurs. He served on Manhattan Borough President Scott Stringer's Small Business Task Force in 2008 to examine the threats facing mom and pop retailers in the borough. In 2006, City Hall News named him one of 35 "Rising Stars Under 40" and in 2005, Time Out New York named him "New York's Finest Troublemaker."Before joining the Center, he worked as research director for former New York State Senator Franz Leichter and spent time as a freelance journalist.

Mark Kim is Chief Financial Officer for DC Water, an independent authority of the District of Columbia with an annual operating budget of $460 million and a 10-year capital improvement program of $3.8 billion. Mr. Kim has overall responsibility for DC Water's financial management and policies, including: accounting operations and financial reporting; budget development and adoption; treasury; debt; investment management; payroll; accounts payable; and risk management.Previously, Mr. Kim served in the Office of the New York City Comptroller, where he was Deputy Comptroller for Economic Development. He has spent the last decade in the public finance industry, having also served as New York City's Assistant Comptroller for Public Finance, and earlier as an investment banker at several leading global financial institutions. In these roles, Mr. Kim has raised in excess of $50 billion in the capital markets.Mr. Kim holds a Ph.D. in public policy from Harvard University; J.D. from Cornell Law School; and B.A. from Northwestern University. He resides in Washington, D.C. with his wife and two children.�

Melissa Dykes has served as Chief Financial Officer since March 2013. She provides leadership to ensure the financial health of JEA, resulting in access to capital at low cost for JEA�s customers. She is responsible for all aspects of JEA�s finances, including treasury, financial reporting, budgeting, supply chain management, and shared services. She has lead responsibility for ensuring compliance with all reporting, regulatory and tax requirements for JEA.Prior to joining JEA as Treasurer in 2012, Melissa was CFO at NTE Energy, a portfolio company of a large energy private equity firm. She also was a principal in a renewable energy development company, and Vice President of Investment Banking at JPMorgan. During her career, she has been responsible for over $26 billion in new debt issuance, including financings for many municipal electric and water systems across the country. Melissa is a graduate of the University of Florida.

Linda Murphy is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc. She is a credit analyst and team leader on the municipal research team in the Fixed Income Division. Prior to joining T. Rowe Price in 1998, Linda was employed as a consultant for Ambac Assurance Corporation. She also worked for Connie Lee Insurance Company, a municipal insurance provider. Linda earned a B.S. and an M.B.A. in finance from the University of Michigan.