Bond Logistix -
[Cached Version]
Published on: 3/1/2005
Last Visited: 2/27/2009
LOS ANGELES - MARCH 30, 2005 - Bond Logistix LLC (BLX), a SEC-registered investment advisory firm that provides financial, investment and regulatory compliance services to state and local governments, announced that founder George Majors has returned to the firm as managing director of its growing swap advisory practice.
He is based in Bond Logistix’s New York office.
Majors, one of the original founders of Bond Logistix, has nearly 20 years experience in optimizing governmental debt and investment strategies, and is nationally recognized for his expertise and innovation in developing tax-advanced strategies and capital market product applications.
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In his new capacity at BLX, Majors will focus on assisting clients with evaluating, structuring and implementing interest rate swap-based borrowing and asset/liability management strategies.
Swaps and related financial tools have become increasingly common in the municipal market place over the past several years because of their potential to improve economics, enhance flexibility and reduce interest rate risk.
"As an advisor and consultant to hundreds of state and local governments, Bond Logistix has experienced a steady increase in the demand for swap services and at the request of existing clients, has assisted with evaluating, acquiring and terminating various interest rate swaps," said Majors.
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Craig Underwood, president of Bond Logistix, said, "With derivatives experience from both the advisor’s and principal’s perspective added to his banking, investment advisory and tax compliance background, George brings a wealth of experience and skill that will greatly enhance our swap advisory practice."