Lisa Fenner

Lisa M. Fenner

Managing Director at KPMG LLP

Location:
333 Bay Street Suite 4600Bay Adelaide Centre, Toronto, Ontario, Canada
Company:
KPMG LLP
HQ Phone:
(416) 777-8500

General Information

Experience

RBC

Vice President  - Goldman , Sachs & Co.

Recent News  

Panelist: Lisa Fenner
Lisa Fenner is a Managing Director in KPMG's Infrastructure Advisory practice. She has over 16 years of financial advisory and underwriting experience, primarily focusing on surface transportation issuers. She also has significant experience in advising clients on public/private partnership transactions. Prior to joining KPMG LLP, Lisa was with Goldman Sachs and RBC Capital Markets, and primarily provided advisory services to municipal transportation issuers at both the state and local level.

Read More

Last week, the Dallas Regional Mobility Coalition invited Lisa Fenner of KPMG, an expert from Australia in transit public-private partnerships, to speak about the promise of such arrangements.
What they heard, if they listened hard to get beyond Fenner's optimism for PPPs in general, was that finding a private partner to develop the Cotton Belt will be exceedingly challenging. Fenner told me after the meeting that most of the transit-related PPPs around the world that she used as examples in her presentation had either been much smaller endeavors than the massive Cotton Belt proposal, or had involved significant, upfront infusions of tax dollars to help shore up the initial financing. But Fenner told me after the meeting that any private investor will look very closely - and critically, frankly - at any source of revenue tied to property value increases. Typically, she said investors are able to borrow very little against such guarantees, meaning they play only but roles in securing the financing necessary for a rail line. The one source of revenue they do tend to rely on, she said, was dedicated sales tax funding.

Read More

Last week, the Dallas Regional Mobility Coalition invited Lisa Fenner of KPMG, an expert from Australia in transit public-private partnerships, to speak about the promise of such arrangements.
What they heard, if they listened hard to get beyond Fenner's optimism for PPPs in general, was that finding a private partner to develop the Cotton Belt will be exceedingly challenging. Fenner told me after the meeting that most of the transit-related PPPs around the world that she used as examples in her presentation had either been much smaller endeavors than the massive Cotton Belt proposal, or had involved significant, upfront infusions of tax dollars to help shore up the initial financing. But Fenner told me after the meeting that any private investor will look very closely -- and critically, frankly -- at any source of revenue tied to property value increases. Typically, she said investors are able to borrow very little against such guarantees, meaning they play only but roles in securing the financing necessary for a rail line. The one source of revenue they do tend to rely on, she said, was dedicated sales tax funding.

Read More

Browse ZoomInfo’s Directories