Baird Launches California Public Finance Group, Hires John Baracy as Managing Director to Lead Expansion
Baird, an employee-owned international broker-dealer, has announced the launch of its California Public Finance group and the appointment of John Baracy as the managing director to lead the team. California’s booming economy prompted Baird’s expansion plans, with the company recognizing the need to find the right person to spearhead this new venture. Baracy’s extensive experience and strong relationships in the K-12 education sector were key factors in his hiring, given Baird’s national leadership in K-12 funding.
Baird’s California Expansion Aims to Tap into Thriving K-12 Market
With its recent launch of the California Public Finance group, Baird is making a strategic move to capitalize on the vast opportunities in the state’s K-12 market. By appointing John Baracy, an industry veteran, as the managing director and the California K-12 market lead, Baird aims to strengthen its position in the sector. The company is currently among the top three to top five in municipal underwriting for K-14 (including community colleges) by the number of issues.
Baird Adds Another Feather to its Cap with California Public Finance Unit
Baird has marked another milestone with the establishment of its California Public Finance group, positioning itself as a leading player in the market. The company’s solid reputation in underwriting and its strong presence in California with over 70 associates across various departments will serve as a strong foundation for this new venture. With a focus on attracting top talent and finding the right individuals to join its team, Baird aims to further expand its reach in other sectors while enhancing its ability to serve clients effectively.
John Baracy Brings Years of Experience to Baird’s California Public Finance Group
John Baracy, the newly appointed managing director of Baird’s California Public Finance team, brings a wealth of experience and knowledge to the company. With over 25 years in municipal finance and a track record of working on significant financings, Baracy is poised to lead the team to success. His understanding of the complexities of the California K-12 market and his expertise in developing tailored financing solutions make him an invaluable asset to Baird.
Baird Reinforces Commitment to California with New Public Finance Team
Baird’s decision to establish a California Public Finance group demonstrates the company’s dedication to serving the California market. The appointment of John Baracy as the managing director reflects Baird’s intention to expand its foothold in the state and create a negotiated presence. Baracy’s arrival brings a fresh perspective and opens the door to attracting more top bankers from other firms to join the Baird platform, ultimately benefiting both the team and their clients.
Baird Eyes Growth in California Public Finance Market with Specialized Team
Baird’s launch of a specialized California Public Finance group is a strategic move aimed at capitalizing on the immense potential in the market. With John Baracy at the helm, the team will focus on providing tailored financing solutions for California K-12 school districts, ensuring the highest level of service and expertise. Baird’s unparalleled track record, particularly in underwriting, combined with Baracy’s extensive experience, sets the stage for the firm to carve out a significant presence in the California public finance market.
Analyst comment
Positive news. With the launch of its California Public Finance group and the appointment of John Baracy as managing director, Baird aims to tap into the thriving K-12 market. This strategic move will strengthen Baird’s position in the sector and enhance its ability to serve clients effectively, ultimately leading to market growth.
