McNeil joins SCSCO as Mid-Atlantic managing director
Derek McNeil has joined Siebert Cisneros Shank & Co. as managing director for the Mid-Atlantic region in the municipal finance division, the firm announced on Tuesday.
McNeil, a 21-year public finance veteran, is coming to the firm from Morgan Stanley, where he was executive director of the infrastructure group and lead banker covering Connecticut, New Jersey, Pennsylvania, Washington, D.C., and Atlanta, along with many housing issuers.
McNeil, 46, is rejoining the nation’s top minority- and woman-owned investment bank, having worked there as a senior vice president from 2003 to 2009, with a focus on housing.
He will work out of the firm’s New York office at 100 Wall St., where he will be the senior originator for the municipal bond business in the Mid-Atlantic region, as well as New Jersey.
“I am so delighted to welcome Derek back to the firm,” said CEO and Chairwoman Suzanne Shank. “His talent, experience and deep connections throughout the Mid-Atlantic region will be extremely valuable as we continue to provide our clients with the highest level of service.”
Prior to joining Morgan Stanley, McNeil was a managing director at Loop Capital, leading financings in the Northeast and Mid-Atlantic. He also served as associate at Dain Rauscher within its housing group and as a financial analyst at Merrill Lynch.
“Derek has a long-established record of engendering confidence from issuing clients and financial advisers,” said Gary Hall, SCSCO partner and head of investment banking. “I’m happy to have him as a teammate, rather than a competitor.”
McNeil is from Brooklyn and lives in Englewood, N.J. A graduate of Connecticut College, he earned an Executive MBA from Rutgers University.
“Coming back to Siebert is like coming back home,” McNeil said. “I am excited to be joining such a capable and highly effective team. I look forward to expanding our business in the Mid-Atlantic and building on the great success this firm has achieved.”
Dual headquartered in New York and Oakland, SCSCO has 17 offices across the U.S. The firm has transacted over $1.4 trillion of municipal bonds and $1.1 trillion of corporate bond and equity transactions since its founding in 1996.
In 2010, it became the first minority-owned firm in America to rank among the top 10 senior managers of municipal bonds, according to Thomson Reuters. In 2017, the firm ranked as the No. 1 minority- and woman-owned municipal finance firm and for 19 straight years before that.