Municipal Market Analytics has recently dismissed Robert Donahue and Matthew Posner.
Donahue, a managing director at the firm, worked at MMA from May 2012 to this July. At MMA he did extensive reporting on Puerto Rico for MMA's Weekly Outlook, worked with banks, and helped with some other publications, including the MMA Investor.
Donahue was one of the most prominent and active analysts of Puerto Rico's government finances in the municipal market.
"I'm grateful for the opportunities to work at MMA and to provide my insights to my clients," Donahue told The Bond Buyer. The work was rewarding and satisfying, he said.
"I wish MMA the best," Donahue continued. "I will seek other opportunities to utilize my skills in the municipal bond markets." Donahue said he planned to teach a course in the fall.
Posner worked at MMA from Jan. 2008 to this August, first as a director and then as a managing director. In this role he led the firm's Washington, D.C., relationships concerning municipal finance issues and was the head writer of the firm's intraday market coverage. Posner also wrote a weekly report aimed specifically for municipal issuers.
MMA was founded as Municipal Market Advisors in 1995. It changed its name to Municipal Market Analytics in January.
The Concord, Mass.-based firm was established in 1995 and is a leading source of muni market analysis and commentary and has been called on for testimony at congressional hearings exploring muni market structure and infrastructure finance. The firm does not execute transactions, advise issuers on specific transactions, or manage investments.
MMA president Tom Doe did not respond to requests for comment.
