UBS Wealth Management Americas raised its firepower in areas that escaped the chopping block under the new tax law, hiring a trio of executives with experience in stadium and public power finance.

Peter Hill
Peter Hill, UBS' head of public finance, announced the hires in an internal memo Monday.

“As we continue to strengthen our public finance business, I am pleased to announce the following new additions to our banking team,” Peter Hill, head of public finance, said in an internal memo Monday afternoon. “Chris Melvin, Keith Hausman, and David Moffett bring to the firm expertise in both traditional public finance investment banking as well as sector expertise in project finance.”

Through the end of last year, UBS had added 37 new employees since announcing in 2017 that it would re-enter the public finance business to tap “increased demand for double and triple tax exempt securities in the current rising interest rate environment.” The latest hires come after Congress backed off plans to eliminate tax exempt stadium finance and private activity bonds as part of the tax law that takes effect this year.

Chris Melvin, managing director, UBS.
Chris Melvin

Melvin joins UBS as a managing director based in New York. He will be focused on governmental clients in the western region and stadium and project finance nationally.

Melvin previously was an investment banker at UBS and most recently served as an attorney at Nixon Peabody. He has senior managed many public power, infrastructure and project financings. He is recognized as a leader in the financings of sports facilities, having worked on over 28 professional facilities as a banker, advisor and negotiator, for sports franchises and for municipal entities. He has participated in a number of M&A transactions and rounds out his client portfolio with multiple client relationships in California.

Keith Hausman, executive director, UBS.
Keith Hausman

Hausman joins UBS as an executive director based in New York. He will provide key coverage of infrastructure and public power clients in Texas and the central region as well as focusing on project finance nationally. Hausman joins us most recently from Oxford Advisors LLC, where he served as the President and CEO. Prior to founding Oxford Advisors, he served as both a management consultant at Hewitt Associates and as a public power banker at JPMorgan. He has served as lead banker on over $25 billion of public sector, public power and electric cooperative financings. He has also served as an advisor to several public utility commissions, regulators, rate payers, and utilities, and has unique experience in restructurings, M&A transactions, and securitizations.

David Moffett, executive director, UBS.
David Moffett

Moffett joins UBS as an executive director based in Atlanta. He comes with deep relationships working in the southeast region and public utility sector. Moffett brings to the firm over 15 years of experience working as a public finance banker, most recently at Jefferies. Prior to his banking career, he worked in strategy and consulting at Georgia Pacific Corporation and Price Waterhouse Coopers.

He will be focused on building the firm's traditional banking business in the Southeast as well as its public power and project finance business nationally. His expertise in project finance includes renewable energy micro energy projects, real estate, and economic development districts.

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