California bond attorney Jade Turner-Bond jumps to Orrick

Jade Turner-Bond, who joined Orrick, Herrington & Sutcliffe, as a partner
Jade Turner-Bond, who joined Orrick, Herrington & Sutcliffe, as a partner, will help to bolster the firm's work on public-private partnership financings.
Orrick, Herrington & Sutcliffe

Public finance attorney Jade Turner-Bond has come full circle, returning to Orrick, Herrington & Sutcliffe, where she began her career.

Turner-Bond, who will be a partner at the firm, said she will focus on public-private partnerships, particularly in the social infrastructure sector.

Jenna Magan, co-head of Orrick's public finance practice, called Turner-Bond an energetic go-getter, and a natural leader trusted by California's issuers and underwriters. "We are very happy to have her on our team," she said.

After graduating from University of the Pacific's McGeorge School of Law in 2010, Turner-Bond worked for Orrick for a year as a contract attorney before leaving to work as legal counsel in the California Treasurer's Office for three years. Next, she became a partner at Nixon Peabody in its project and public finance practice in 2021.

A well-known figure in California public finance and a 2021 Bond Buyer Rising star, she said her move to Orrick began after a conversation with Justin Cooper, Orrick's co-head of public finance.

"Justin and I were chatting about what the future of public finance looked like," Turner-Bond said. "We had the same ideas about what needed to change in the industry to better serve clients."

One thing that appealed to Turner-Bond is Orrick's practice of collaborating with the firm's non-public finance-focused teams to serve the needs of public finance clients. She also has been working on the next generation of public-private partnerships and saw Orrick moving in the same direction, she said.

Orrick, a full-service global firm, has 100 lawyers and other professionals, including 37 partners, working in 10 offices in its public finance practice, according to a spokeswoman.

The firm — which consistently tops the bond counsel rankings in public finance — also has deep expertise in complementary practices, like its energy and infrastructure and securities teams, which gives her the opportunity to collaborate with those practices to better serve her clients, Turner-Bond said.

"It's a positive that Jade has such nice relationships with traditional clients in southern California and was looking to do more complex infrastructure deals where she can call on our energy and infrastructure team," Magan said.

The public finance team's vision is to "continue our work and the depth we have established in traditional public finance with cities and counties," but to also serve clients on financings that might not fit the model of traditional public finance by working closely with the firm's energy and infrastructure team, Magan said.

Turner-Bond has over 15 years of experience advising on the structuring, development and financing of infrastructure projects across all asset classes, with particular focus on water and waste facilities, transportation and social infrastructure. She has worked as bond, disclosure, underwriters', developers', lenders' and investors' counsel on a broad spectrum of taxable and tax-exempt structures.

Turner-Bond was underwriters' counsel for Morgan Stanley, co-lead manager with Loop Capital, on the $517 million lease revenue bond priced in May 2024 to support Riverside County's 450,000-square foot behavioral health campus, which broke ground last month. The debt was sold through the California Enterprise Development Authority, a conduit issuer.

Turner-Bond said she is most interested in working on "social infrastructure" projects like that one, which will provide a spectrum of mental health services including outpatient, short-stay, residential treatment and supportive housing.

She was part of the Nixon Peabody team that was underwriters' counsel on the California Endowment's $300 million social bond offering in January 2021, which provided grant funding for nonprofit organizations, projects, and programs advancing social justice initiatives. She also was disclosure counsel to the Los Angeles County Metropolitan Transportation Authority for its $545 million offering of Proposition C sales tax revenue bonds, which The Bond Buyer recognized as its ESG/Green Financing Deal of the Year in 2019.

Turner-Bond has also been a leader in efforts to foster greater diversity, equity, and inclusivity in public finance and the broader business community. She has mentored junior attorneys, served as the partner chair of Nixon Peabody's Black Resource Group and sits on the board of directors of GRID 110, a non-profit that connects Los Angeles-based start-ups, particularly those led by women and minorities, with a community of entrepreneurs, mentors, and funding.

"Jenna and I have known Jade for over a decade — she is a practitioner of the highest quality, respected by our clients, with a passion for both innovation and mentoring," Cooper said. "It's hard to imagine a better fit."

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Career moves Public-private partnership California Law and regulation Public finance Attorneys
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