Municipal-finance and investment advisor PFM Group, Philadelphia, says it's raised expansion capital -- it hasn't said how much -- from investors including ICV Capital Partners LLC of New York and the Michigan Employees' Retirement System Strategic Opportunity Fund LP.
PFM, which employs 400, owns Public Financial Management Inc., which advises state and local pension funds, and $35 billion-asset portfolio manager PFM Asset Management LLC, according to a statement by PFM chief executive F. John White. Services include structured products and arbitrage rebate, along with other specialized fields. Clients include Philadelphia, Pittsburgh, Washington DC, Nassau County NY, and New Orleans, among other communities.
The firm's 54 managing directors will retain equity stakes in the company, accoridng to a statement by ICV Capital managing director Taurus Richardson. Griffin Financial Group LLC, of Reading and King of Prussia, acted as "exclusive financial advisor" in the deal. TriState Capital Bank of Pittsburgh and Susquehanna Bank of Lancaster provided debt financing.
- Bloomberg News
- New York Times Dealbook
- Washington Post Economy Watch
- U.S. propaganda
- Dealbreaker
- Edgar SEC Filings
- Emma Bond Filings
- ACG Philadelphia Deals and Dealmakers
- Seeking Alpha CEO call transcripts
- FCC Documents on Comcast-NBC Universal merger
- Jones Philadelphia Skyline Report
- Grubb Business Real Estate
- Studley Business Real Estate
- Plan Philly
- Penn Praxis
- Technically Philly
- Llenrock real estate blog
- Pennsylvania state budget
- New Jersey state budget
- Philadelphia city budgets
- Delaware 2010 budget
- U.S. budget
- Pennsylvania State Employees Retirement System
- February
- January
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008







