Mark Angelov is a partner in the New York Litigation Group. His practice is focused on complex commercial litigation, municipal and commercial bankruptcy, and municipal debt restructuring.
Mark has worked on a broad variety of commercial litigation and bankruptcy matters. He has represented clients in connection with complex commercial disputes, municipal bankruptcies and workouts, large commercial bankruptcies, and out of court restructuring of municipal and public sector debt. Mark’s work included analysis of public pensions and other employee benefits in the context of distressed public sector obligors. Mark has represented clients in large municipal bankruptcies, including the Stockton, San Bernardino, and Detroit bankruptcy proceedings. Mark has expertise in the exercise of equitable and statutory remedies, including mandamus relief, as well as complex workouts and settlement negotiations. Mark’s private sector restructuring and finance work involves representation of corporate indentured security trustees and other creditors in large commercial bankruptcies and workouts, such as Caesars and Tribune Chapter 11 bankruptcies. Mark has litigated complex and novel issues, including the constitutionality of remedial fiscal government action, federal preemption, constitutional limitations on state powers, state sovereignty and immunity, and the application of Trust Indenture Act to out of court restructuring.
Prior to law school, Mark worked as a mechanical engineer for several years. He designed and built industrial production machinery, track and field and weight-lifting equipment, and theatrical scenery. He also taught a first-year design course at Columbia University School of Engineering.
In 2012 through 2016, Mark was recognized as a Rising Star by Super Lawyers Magazine.
Mark received a BS in Mechanical Engineering from Columbia School of Engineering and Applied Science in 1998, and his JD from Columbia Law School in 2006.
Seth Brumby assisted in the development and launch of Debtwire Municipals in 2011 and is currently its Deputy Editor. He has over ten years of experience writing about business and finance, including restructuring and debt capital markets. Prior to his time at Debtwire, Seth was an investigator conducting background checks on asset managers for a corporate due diligence firm. He is a graduate of the State University of New York at Albany.
Mr. Ciccarone is a Managing Director and Chief Research Officer at McDonnell Investment Management LLC. McDonnell is an institutional fixed income investment management firm located in Oak Brook, IL. Mr. Ciccarone, who has thirty-five years of investment industry experience, is responsible for managing the McDonnell investment research resources, including the management of research analysts and analytical tools to support client portfolios. In addition, he is the President and CEO of Merritt Research Services, LLC -- a municipal bond financial statement database research company serving primarily institutional clients throughout the U.S.. He is also publisher of MuniNetGuide.com, an online information resource related to municipal related data, websites, information, and commentary.
Prior to September 2001, Mr. Ciccarone served as Senior Vice President and Co-Head of Fixed Income at Van Kampen Investments Inc., where he was primarily responsible for municipal asset management. Prior to that position, he served at Van Kampen as Senior Vice President and Co-Head of Municipal Investments and Director of Research. From 1989 to 1996, Mr. Ciccarone was Executive Vice President at EVEREN Securities Inc (Chicago) and served in various capacities at its predecessor firms (Kemper Securities Inc and Blunt Ellis & Loewi. Inc) as an Executive Vice President and Director of Tax Exempt / Fixed Income Research. From 1983 to 1989, Mr. Ciccarone was a Vice President and Director of Unit Investment Trust Research for Van Kampen Merritt Inc. Prior to 1983, he was manager of municipal research at Harris Bank (Chicago).
He has received numerous awards and distinctions, including: top Buyside research director and top municipal generalist analyst from Smith’s Research & Gradings and The Bond Buyer as well as a first team All American Fixed Income Analyst from Institutional Investor magazine. In 2007, Smith’s Research awarded him a Lifetime Achievement Award for his contributions to the municipal bond industry and the National Federation of Municipal Analysts recognized him with two awards: the Excellence in Municipal Analysis recognition in 1988 and a Career Achievement Award in 2011. He is frequently cited in national and trade publications and broadcasting media on municipal bond issues.
Mr. Ciccarone is a co-founder and past national chairman of the National Federation of Municipal Analysts and past chairperson of the Standards & Practices Committee. He is currently the President of the Society of Municipal Analysts and a member of the Chicago Municipal Analysts Society. During a term in the 1990s, he represented the NFMA as a member of the Governmental Accounting Standards Advisory Council.
Gregory Clark is Debtwire’s Head of Municipal Research. In that role he publishes research on a variety of municipal market issues and topics and supports Debtwire’s journalists. Greg began his career in 1980 at Moody’s Investors Service and his other experience includes bond insurers and a hedge fund. At his own consulting firm, his clients included venture capital funds and a Big Four firm. Greg is a graduate of SUNY Oswego and the Maxwell School at Syracuse University. He is a past chairman of both the Municipal Analysts Group of New York and the National Federation of Municipal Analysts.
Philip J. Fischer is head of Municipal Bond Research at BofA Merrill Lynch Global Research. Under his leadership, the group produces municipal credit and strategy products with a focus on thematic relative value analysis. The publications provide policy, tax, and credit commentary. Fischer and his group work closely with other Fixed Income and Global Wealth Investment Management research professionals to analyze and position the municipal asset class.
Fischer brings nearly 30 years of financial experience to his role, largely in the municipal sector. He has been recognized by both Smith’s Research and the Institutional Investor as an all-star in more than 10 years. He is the author of “Investing in Municipal Bonds” (McGraw-Hill, January 2013) and numerous other pieces on the municipal market.
Prior to re-joining the firm, Fischer spent three years as a founder of eBooleant Consulting, a financial and computer consulting firm. During that time, he was also a director of Banc America Preferred Funding Corp. Before that, he spent four years as a senior technical analyst followed by 13 years as the heard of Municipal Bond Research at Merrill Lynch. He has also worked at Salomon Brothers and Citicorp Investment Bank. Fischer taught at the University of Oregon (finance and business law) and SUNY Albany (finance, investments and economics).
Fischer holds a BSChE from Oregon State University, a J.D. from Loyola School of Law and an M.B.A. (finance) and Ph.D. (finance) from the University of Oregon.
Paul Greaves brings more than 16 years of experience in the realm of public finance to his current position of Managing Editor of the team of municipal bond reporters. Having held positions in the rating agency, letter of credit bank and municipal bond insurance arenas, Paul has performed detailed analyses of a variety of sectors, including tax-backed, transportation, not-for-profits and healthcare. Additionally, he has worked on underwriting, credit remediation, municipal swaps and portfolio surveillance issues. He is a current member of the National Federation of Municipal Analysts and a Fellow with the State Academy for Public Administration.
Craig Walker brings over 25 years of investment banking experience structuring transactions for municipal and corporate clients. He has structured and closed various financing types including: lease revenue bonds, asset backed securitizations, tax increment financings, and innovative financing transactions isolating revenue streams. Since joining IFS in October 2012 to launch the public/corporate finance department within the firm, he has served as lead banker on transactions as sole/senior manager totaling over $300 million. Specializing in advising fiscally troubled cities, Mr. Walker has completed transactions totaling approximately $200 million for distressed municipal credits, providing them the liquidity needed to maintain operations of their respective cities. In November 2016, as lead banker, Mr. Walker structured and assisted in the private placement $34 million Virgin Islands Water and Power Authority Notes that funded WAPA’s Green Energy initiative of LED/SOLAR Street Lights. In addition, under Mr. Walker's leadership, IFS served as co-managing underwriter for the City of Atlanta's new NFL Stadium financing and since 2012 has served as an underwriter on transactions totaling $30 billion in par value. As lead banker Mr. Walker has worked on various structures which include general obligation, enterprise fund financings, charter schools, cash flow financings, and corporate debt. Since beginning his career in 1986 Mr. Walker has served as lead banker/underwriter on over $10 billion in debt and equity transactions in the capital markets for his clients. Clients have included City of New York, Virgin Islands Water & Power Authority, City of Atlanta, Chicago Transit Authority, City of Scranton PA, City of Compton CA, City of Selma AL, Portland Trailblazers, Amana Academy, Lambert Airport, American Water Inc., City of Chicago, and Los Angeles County.
Mr. Walker holds a Series 7 license and has a BA in Economics from the University of Illinois.
Mark Whitaker is a vice president of the Institutional Sales and Trading group at Mesirow Financial. He focuses on research and strategy for municipal securities and high yield bonds.
Mark has nine years of experience in asset management, and five years in municipal credit research. Prior to joining Mesirow, Mark was a municipal bond research analyst at Northern Trust Asset Management, where he provided fundamental credit research in support of tax-exempt fixed income products. He worked in the municipal bond department when the department received the Institutional Investor’s Investment Manager of the Year – Municipal Fixed Income Award in both 2013 and 2014. Mark is a member of the National Federation of Municipal Analysts, Chicago Municipal Analyst Society and the CFA Society Chicago.
Mark earned a BS in Finance and Business Education from Illinois State University. He is a CFA® charterholder.