The financial advisory firm Frasca & Associates LLC has added a banker and credit analyst to its team.
Juan Pittman, a former banker at Bear, Stearns & Co. and UBS Securities LLC, joined the firm, which specializes in transportation, as managing director at its new Atlanta office.
"He has a wonderful way with clients and has the ability to take complex issues and make them understandable," said Doreen Frasca, president of the firm. "We courted him for quite a while."
Prior to working as a banker, Pittman was an attorney in the public finance practice of Robinson & Pearman LLP. In 1994 he began working in the office of the chief financial officer of the Los Angeles County Metropolitan Transportation Authority and three years later was appointed by Los Angeles Mayor Richard Riordan as assistant deputy mayor of policy and finance, overseeing the Port of Los Angeles and other city agencies. Pittman earned his law degree from George Washington University and bachelor's at Howard University.
Frasca & Associates specializes in transportation and serves as a financial adviser or consultant to a number of airport clients, including Los Angeles World Airports, Hartsfield-Jackson Atlanta International Airport, Philadelphia International Airport, the Miami-Dade County Aviation Department, and the Port Authority of New York and New Jersey.
Additionally, former Fitch Ratings analyst Jessica Soltz Rudd has joined as a senior consultant who will work out of San Francisco. At Fitch, where she began in 1997 after graduating from Syracuse University with a law degree and a Master's in Public Administration, Soltz Rudd was a senior director and co-head of global infrastructure and project finance.
Soltz Rudd's work as lead credit analyst on dozens airport transactions and project financings has earned her a reputation for asking tough questions, Frasca said.
"She's great at credit analysis," Frasca said. "She's a lawyer by training and she reads documents with a very careful eye."
