BondResource Partners Splitting Practice

The two partners of arbitrage rebate consulting firm BondResource Partners LP have mutually agreed to split their practices, they announced last week.

The partners, Joan M. DiMarco and Dianne Stewart, and the law firm Ballard Spahr Andrews & Ingersoll LLP formed BondResource in 2002.

DiMarco will continue her practice at BondResource Partners, which will become a division of PFM Group LLC. She will be the managing director of BondResource and a managing director of PFM Asset Management LLC, working out of Philadelphia.

Stewart has partnered with Ballard Spahr to form Avant Strategic Partners, an arbitrage compliance and consulting firm. Avant will be based out of San Antonio.

"The current economy is certainly creating challenges for bond issuers, but it is also creating opportunities to dig deep and develop creative solutions," Stewart said in a statement. "Knowing that Ballard Spahr takes a similar approach to excellence in customer service made this partnership all the more appealing."

 

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