As part of a continuing effort to increase its municipal business, M.R. Beal & Co. has announced the hiring of public finance veterans Loren Carlson and Edward Chan, who bring more than 40 years of combined experience as managing director and vice president, respectively, to the New York-based investment bank.

Carlson, who came out of retirement to join the firm’s Charleston, S.C., office on July 26 and whose public finance career spans 30 years, is responsible for developing new business and deal execution in the Southeast region. Chan, a 10-year professional who joined the firm on Aug. 4, is concentrated on marketing, structuring and executing both tax-exempt and taxable bond transactions from its New York headquarters.

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