Board of Directors
Municipal Underwriting Team
Head of Public Finance, East Region
Juliet Stiehl manages the Eastern Region for BAM’s public finance group and is based in BAM’s New York City headquarters. Juliet joined BAM at its inception in 2012 and previously served roles as a senior underwriter on the East Region team as well as Head of Recruitment and BAM’s Rotating Analyst Program. Prior to BAM, Juliet worked at Assured Guaranty in the Public Finance Group and started her career in public finance in FSA’s Rotating Analyst Program. She serves on the board of Northeast Women in Public Finance and is a member of various industry organizations including, Women in Public Finance, Ladies First, MAGNY, and the NFMA. She was in the Bond Buyer’s inaugural class of Rising Stars and honored as a Trailblazing Women in Public Finance by the NEWPF and The Bond Buyer in 2019. She holds a B.A. in Government from Harvard University.
Head of Public Finance, Texas Region
Greg Pacifico is a senior underwriter in BAM’s Eastern Regional Group and Head of Texas, based in Austin. He joined BAM in 2012 from Assured Guaranty, where he was an analyst in the Public Finance Group. He is a graduate of New York University with a B.A. in Economics.
Todd E. Tomich
Head of Public Finance, West Region
Todd Tomich manages the 18-state Western Region for BAM’s public finance group and is based in the Santa Monica office. He joined BAM from Assured Guaranty, where he was a Vice President in the International Infrastructure and Public Finance Group, underwriting transactions that included P3s, utilities, airports and toll roads. Prior to that he held similar positions with FSA, which he joined in 2004 as an Associate. Before joining FSA, Todd served as an aide to US Senator Jon Corzine of New Jersey and held credit analyst positions with The Alison Company in Newport Beach, California and Merrill Lynch’s private client group in New Haven, Connecticut. Todd graduated from Yale University with a B.A. in Economics.
Managing Vice President, Head of Primary and Secondary Markets
Bryan Baebler is responsible for BAM’s capital markets pricing desk and primary and secondary markets business. He joined BAM in April 2013 from Barclays, where he was a Vice President on the Municipal Primary Syndicate Desk for three years. Prior to that, he was a Short-Term Municipal Securities Trader at Barclays/Lehman Brothers and before that a Municipal Securities Trader in the Fixed Income Group at Vanguard Group. Bryan earned his B.S. in Applied Economics and Management at Cornell University in Ithaca, NY.
Managing Vice President, Public Finance, West Region
Mark Capell is a senior underwriter at BAM, covering the Western Region. Prior to joining BAM, he was a Director of Assured Guaranty, Western States, and, prior to that, he held a similar position at FSA. Earlier, he was a Director at Fitch Ratings from 1998 through 2004. He holds a B.A. from U.C. Davis and a Masters in Public Administration from the University of Southern California.
Vice President, Capital Markets
Morgan Fahy is a member of BAM’s Capital Markets team and works with institutional investors and municipal bond traders to identify and execute insurance transactions, particularly in the secondary market. Ms. Fahy joined BAM from Citi, where she was Vice President in the Institutional Municipal Sales Group. She has previous experience in corporate investment-grade credit and began her career as a financial analyst at PepsiCo. She is a graduate of Fordham University with a degree in Finance
Managing Vice President, Capital Markets
Christopher Flosi is a member of BAM’s Capital Markets team and works with institutional investors, underwriters, and traders to identify and execute insured transactions in the primary and secondary markets. He joined BAM as a credit analyst in 2012 and previously worked at Bank of America Global Capital Management and State Street Global Advisors. He is a graduate of Iona University and earned an MBA from the Suffolk University – Sawyer School of Business
Jill is a senior member of BAM’s legal team. She joined BAM from FGIC, where she was Director and Senior Counsel. Prior to joining FGIC in 2004, she served as Vice President and Assistant General Counsel at AMBAC and, prior to that was a Partner at Orrick, Herrington & Sutcliffe, where she was a counsel to sponsors and advisors of unit investment trusts and mutual funds and a bond counsel and underwriters’ counsel in municipal transactions. Earlier she was an attorney at Hawkins, Delafield & Wood and an Assistant Counsel at The Equitable Life Assurance Society of the United States. She got her undergraduate degree at Georgetown University and J.D. from the Georgetown University Law Center.
Eashaa Parekh is a member of BAM’s Public Finance Legal team, reviewing and analyzing transactions both as part of the underwriting and closing process. Prior to BAM, she was an associate in the Capital Markets group at Cooley LLP and O’Melveny and Myers LLP. Eashaa earned a B.A. from Syracuse University and a J.D. from the George Washington University Law School.
Managing Vice President, Public Finance, East Region
Alexis Platis is a senior underwriter in BAM’s Eastern Regional Group. She joined BAM in 2012 from Assured Guaranty, where she was an assistant vice president in public finance, and began her career in the municipal bond insurance industry at CIFG. She is a graduate of Vassar College and earned a Master’s Degree in Public Administration from New York University.
Vice President and Actuary
Les Richmond’s role in our credit underwriting group is to evaluate the pension plans and liabilities of the municipal entities BAM guarantees. Prior to joining BAM, he was with Hay Group, where he was a Senior Principal and recently the Project Leader of a four-year engagement to audit the five New York City Retirement Systems. He also conducted special pension studies for the New York City Office of the Comptroller. Prior to that, he was a Senior Vice President of Aon Consulting, which he joined in 1986, with responsibility for providing actuarial consulting on post-retirement health and life insurance benefits and pensions. He is an Associate of the Society of Actuaries, an Enrolled Actuary, a member of the American Academy of Actuaries, Fellow of the Conference of Consulting Actuaries, and a member of the American Society of Pension Professionals and Actuaries. He holds a B.A. in Mathematics from Rutgers College.
Kevin Roberts, CFA
Vice President, Public Finance, East Region
Kevin Roberts is a Vice President and senior underwriter in BAM’s Eastern Regional Group with a regional focus in the Northeast and Midwest as well as a sector focus on Airports. He joined BAM in 2017 from Wells Fargo Bank N.A., where he was a credit analyst in the Government Banking division. He holds a B.A. from Columbia University and is a CFA® charterholder.
Andrea Rodriguez is a member of BAM’s Public Finance Legal team, reviewing and analyzing transactions both as part of the underwriting and closing process. Prior to BAM, she was an associate in the Capital Markets group at White & Case LLP. Andrea has a B.S. from St. John’s University and a J.D. from Fordham University School of Law.
Vice President, Public Finance, East Region
Jill Schmidt is a senior underwriter in BAM’s Eastern Regional Group. She joins BAM from Assured Guaranty, where she was a Vice President in Public Finance. Prior to joining Assured Guaranty in June of 2010, she was a Director in the Global Power Group at Fitch Ratings. Before that, she spent five years at FGIC, where she was a Vice President, Surveillance and prior to that, she was a research analyst at Moody’s Investors Service, Inc. She is a graduate of Clarkson University and holds a Master’s Degree in Business Administration from Baruch College. She is a member of the Municipal Analysts Group of New York, the National Federation of Municipal Analysts and Women in Public Finance.
Shelby San Vicente
Vice President, Public Finance, West Region
Shelby San Vicente is a senior underwriter at BAM, covering the Western region. Prior to joining BAM, Shelby was an Analyst in the U.S. Public Finance Group at Moody’s Investors Service. Prior to Moody’s, Shelby held several private wealth management positions at UBS and Fisher Investments. She has a B.S. in Business Administration from Notre Dame de Namur University and an M.B.A. from Columbia Business School.
Deputy General Counsel
Brian Siper joined BAM from Assured Guaranty, where he held a series of positions, including Counsel in the Public Finance area. Prior to that, Brian was Senior Counsel and Director of Public Finance and Project Finance North America at Financial Guaranty Insurance Company, and before that an Associate at King & Spalding LLP. He earned a B.A. from Binghamton University and a J.D. from the Albany Law School of Union University.
Senior Advisor, Public Finance
Scott Sollers is based in the San Francisco office. A veteran municipal bond investment banker, he was previously a managing director at Stifel Nicolaus & Co. He was Chairman of Stone & Youngberg, the largest California-based underwriter of municipal bonds, prior to that firm’s acquisition by Stifel in 2011. He is also a former Chairman of the Municipal Securities Rulemaking Board.
Managing Vice President, Public Finance, East Region
Howard Spumberg is a senior underwriter in BAM’s Eastern Regional Group. He comes to BAM from Assured Guaranty, where he was a Director in the Public Finance Group, and, prior to that, held the same position at FSA. Prior to joining FSA in 1998, he was Associate Director of Public Finance Ratings for S&P, where he recommended ratings for a wide variety of tax-backed and revenue supported debt obligations. Earlier, he was a Municipal Bond Evaluator and Research Analyst at J.J. Kenny Co., Inc. He has a B.S. degree in Business Administration from Bucknell University and an MBA in Finance from Fordham University.
Managing Vice President; Head of Higher Education
Alexander Vaisman is a senior underwriter in the Public Finance Underwriting Group and covers the Western Region in addition to managing underwriting for public higher education credits nationwide. Prior to joining BAM, he was an Associate Director in the U.S. Public Finance Group at Fitch Ratings. Alexander is a graduate of Macaulay Honors College at Hunter College and earned a Master’s Degree in Public Administration from the Robert F. Wagner Graduate School of Public Service at New York University and a Master’s in Business Administration from the Haas School of Business at the University of California, Berkeley.