We believe that the U.S. municipal market serves a vital role in financing state and local governments and the building of schools, roads, water treatment, power generation and other vital public infrastructure. Yet the municipal market also suffers from inefficiencies and lack of financial transparency that increase the cost of public borrowing, decreasing the scope and quality of public services and increasing the burden on taxpayers.

The necessity for new approaches to finance the country’s public infrastructure needs has never been greater. It is the partnership’s goal to assist municipal borrowers to obtain cost-effective financing for essential infrastructure projects. We are committed to providing market access and lowering borrowing costs for public entities through the efficient use of public and private capital, while maintaining a sound credit culture that emphasizes prudent underwriting, transparency of financial performance and safety for investors in public infrastructure.