Black Cowrie Municipal and Not-for-Profit team serves issuers and investors in municipal securities markets. Municipal Securities is organized between Sales and Trading and Public Finance.
Municipal Securities market-side team has strong sales and trading capabilities in all areas of municipal securities and is a market leader in providing secondary market liquidity and execution. The team is committed to offering the right product to help clients meet their goals.
Black Cowrie Public Finance is a first-tier, experienced underwriter in all areas of public finance and is a market leader in assisting issuers in meeting their financing needs. The team acts as a senior manager and co-manager in both negotiated and competitive financings, as well as offering structuring and derivative advice, serving the full spectrum of municipal issuers across the U.S.
Municipal Securities Sales & Trading has the following capabilities:
- Taxable and Tax-Exempt
- High Yield Taxable and Tax-Exempt
- Taxable and Tax-Exempt Money Market Instruments
- Credit and Quantitative Analysis
- Derivatives
- Underwriting
Black Cowrie Public Finance has expertise in the following areas:
- Airports
- Education
- General obligation bonds
- Healthcare
- Housing
- Not-for-profit entities
- Public power
- State revolving funds
- Transportation
- Water and sewer
Strategy
Black Cowrie is a proven underwriter and seller of new issuance and has a Municipal Strategy team providing commentary and analysis on the municipal market.
