WASHINGTON — Long-time municipal market participant Scott Trommer is joining the financial advisory firm Public Financial Management Inc. after nearly seven years of analyzing transportation credits for Fitch Ratings. “I’ve had a great experience at Fitch, and worked with a great group of people, but the opportunity at PFM is tremendous and something that I am looking forward to,” Trommer said.Trommer, who starts his new job Monday, will join a team of 10 financial experts who will “focus almost exclusively on transportation credits and financing,” PFM team leader David Miller said.Miller noted that Trommer’s background — which along with rating debt issuers also includes financial planning — fits well “with our core transportation team.”Through the third quarter of 2007, PFM completed 37 transportation deals totaling $4.2 billion and was ranked number one among financial advisers in the transportation sector, according to Miller.Trommer will remain in New York, where he has been based for Fitch. He had been co-head of Fitch’s transportation group and oversaw the assessment or development of ratings for toll roads, transit agencies, and states leveraging federal transportation funds. He also was responsible for developing rating guidelines and special reports for surface transportation credit issues, as well as providing the required credit assessment for many projects seeking federal credit assistance and evaluating public-private partnership concessionaire proposals.Prior to joining Fitch in 2001, Trommer was a senior manager with KPMG Consulting’s transportation advisory practice where he provided financial and strategic planning services to transit agencies, state departments of transportation, the Federal Transit Administration, and toll agencies.Before that, Trommer was a manager of policy development with New York’s Metropolitan Transportation Authority and a transit planner with New Jersey Transit.He holds a bachelors degree and a masters degree in regional science from the University of Pennsylvania.
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