Municipal Finance

When it comes to municipal finance, Ramirez has the experience, infrastructure, capital, and track record to compete with any firm in the country:

  • Ranked consistently in the top 10 nationally as a managing underwriter of municipal debt
  • A participant in one in four bond transactions
  • Acts as book runner for many of the largest municipal issuers in the U.S.
  • One of the largest sales and trading desks in the U.S., with seven dedicated traders and 19 institutional sales professionals
  • Largest municipal finance franchise among minority-owned firms with over 70 experienced professionals
  • Almost 50 years of proven track record
  • Active market maker
  • Nationwide coverage

We provide banking, underwriting, sales and trading to states, local governments, and public agencies throughout the United States. Our elite Municipal Finance team has top rankings for negotiated underwritings for issuers nationwide, and maintains an active competitive underwriting presence. Our team is supported by a high-level credit strategy group and one of the largest institutional sales and trading teams in the U.S.

Meet Our Team

For performance information email us at:
info@ramirezco.com


Banking

Headquartered in New York City with regional teams across the country, Ramirez brings to issuers a banking and underwriting approach that puts the issuer client first and foremost in everything that we do. We are driven to achieve the absolute optimum solution to any of our clients’ financing challenges. Ramirez has put together a banking team focused on innovation, rigorous quantitative analysis and credit strategy, and superior market execution. Since 2015, Ramirez has lead managed over $20.8 billion of municipal transactions and has co-senior or co-managed in excess of $266 billion of negotiated debt, representing over 20 percent of all municipal market activity.

  • Our group serves issuers nationwide from offices in Austin, Boston, Chicago, Dallas, Houston, Los Angeles, New York, Orlando, San Antonio and San Juan
  • Ramirez has served as the lead underwriter to many of the country’s largest cities and states
  • We have particular expertise in Higher Education, Housing, Public Power, Transportation, Water and Sewer Utilities and taxable municipal debt

Municipal Underwriting

Working jointly with our municipal bankers, our negotiated underwriting desk provides market insight and expertise to our municipal issuer clients. We use our deep client knowledge to aggressively price every transaction that Ramirez is managing. Coupled with a seasoned competitive syndicate operation, we have extensive transaction experience and issuer coverage from coast to coast.

John Young
Head of Underwriting
(212) 248-3870

Patricia McGrorry
Managing Director
(212) 248-3884

James Cortese
Managing Director
(212) 248-0530

Institutional Sales and Trading

Our seasoned group of 19 institutional sales professionals rivals that of any firm on Wall Street. Complemented by seven traders spanning five trading desks, the firm offers our institutional clients a comprehensive combination of products and services in the municipal market. With an average daily inventory in excess of $150 million, Ramirez traders are putting the firm’s capital to work to provide liquidity for our institutional clients in all market environments.

  • Over 45 years of proven track record in the municipal industry
  • One of the largest institutional sales and trading desks in the country
  • Active Market Maker

Alan Greco
Head of Institutional Sales and Trading
(212) 248-3892

Credit and Market Strategy

The Municipal Credit and Market Strategy (CMS) team oversees the municipal credit risk needs of the firm for primary market, secondary market and regulatory/compliance purposes. The team regularly monitors a broad universe of issuers, sectors, and macro topics impacting the municipal bond market. On the primary market side, CMS manages the flow of credit information between the new issue syndicate desk and institutional investors for all senior-managed and co-managed underwriting mandates. CMS issues a weekly Pre-Sale Summary for every Ramirez-managed transaction as well as the Municipal Market Weekly newsletter.

Peter Block
Managing Director
(212) 248-3885

TOP

To all clients:

Samuel A. Ramirez & Company, Inc. (Ramirez & Company) continues to monitor all federal, state, and local COVID-19 guidance. Currently all employees are working remotely. The firm is operating business as usual, providing all products, services and capabilities for our clients across the globe. We will continue to provide updates to you, as needed, in the coming days and weeks.

For more information, please refer to the Ramirez & Co. Business Continuity Client Disclosure: ramirezco.com/BusinessContinuity. If you have any questions, please contact your Sales or Relationship Manager or email info@ramirezco.com.

Ramirez & Company, Inc. Management

At Ramirez we firmly stand united in the fight against racial injustices and the marginalization of minority communities. As a minority owned firm we are committed to ensuring that future generations do not have to face these obstacles and we believe that we all need to work together to make America a more just and fair country. Ramirez understands that Black Lives Matter and that more progress needs to be made to change the fundamental problems of racial and class inequalities in housing, education, healthcare and our justice system. This is a critical moment in time and it is imperative we collectively take the steps to make change and move the needle.


CEO Letter to Employees Addressing this Crisis

Diversity Statement

Ramirez Charity and Community Involvement Statement

June 8, 2020

Dear Ramirez Employees:

I want to let you know that I - and all of Ramirez leadership - stand with the Black Community. We are sickened by what happened to George Floyd, Ahmaud Arbery, and the other recent victims of horrible racial violence the past few years and for many years before these events. We abhor the systemic racism and social injustices in America that Black and Brown people are subjected to. We stand with the peaceful protestors and agree that we all need to work together to make America a more just and fair country. As a first generation American Puerto Rican, I understand the issues minorities today are facing. I have been fortunate to be a successful entrepreneur, but while growing our firm I have had to confront many cases of discrimination and inequality in the American business world. Fifty years ago I remember being told not to name the firm Ramirez, because "no-one would do business with a Hispanic firm." I understand the progress that has been made, but much more progress needs to be made to change the fundamental problems of racial and class inequities in housing, education, healthcare and our justice system. This is a critical moment in time and it is imperative we collectively take the steps to make change and move the needle. There is no tolerance at Ramirez for racial discrimination of any type and, at a minimum, it is our responsibility and obligation to increase our outreach to the minority community in our charitable giving, internships, hiring, and professional development programs. To that end we will:


We will work together as a company on ideas for how to be most effective in making change. Thank you to all of you who make Ramirez a success and we welcome and appreciate your ideas.
More to come.
Sam Ramirez
Founder & CEO - Samuel A. Ramirez & Co., Inc.

Diversity Statement:

As one of the oldest and largest Hispanic institutions on Wall Street, we are proud of our origins and strive to lead the way in benefiting those most in need. Being 92% minority owned & 100% employee owned, we take pride that 100% of our regional offices are being led by a minority or military veteran. When focusing on the senior leadership roles at Ramirez & Co and Ramirez Asset Management there is an impressive 60% minority representation. We believe that this diverse workforce is a key ingredient to our success and thus over the last ten year periods 40+% of all new hires have been minorities. We have a robust internal program that provides junior minority employees mentorship opportunities with senior leaders that help them navigate the industry and advance within the firm. This pipeline of talent starts with our intern program where over the last ten years 65% of all interns have been minorities with the current class being representative of that. Overall 40+% of the total Ramirez family is composed of minorities.

We are committed to continuing to be industry leaders in the inclusion of minorities in the financial industry and firmly believe that this is a key part of our future success.

Charitable Giving Statement:

Now more than ever is the time to concentrate on giving to causes that have the potential to improve our country and create the most value for future generations. Over the last five years Ramirez has focused our giving to organizations whose missions include the education of minority populations, community support, healthcare and mentorship programs. A total of over 100 charities with 18+ unique causes were supported with almost $850k+ in total donations made. Ramirez is committed to increasing our support of organizations that are focused on racial and class inequities in housing, education, healthcare and our justice system.