Buy side

Bel Air Investment Advisors is Hightower's 14th and largest acquisition in a year, with $8 billion of assets under management including $2.8 billion of municipals.

Jennifer Johnston will replace Tom Walsh, who is retiring on Dec. 1.

Eaton Vance operates dozens of municipal bond mutual funds under the Eaton Vance, Parametric and Calvert brands.

The firm hired seven new senior-level bankers in its fixed income division.

The housing and transportation sectors had the biggest declines in municipal bond volume.

It's still insufficient for New York’s Metropolitan Transportation Authority and other struggling issuers, according to Reinvent Albany.

Preston Hollow says another court ruling proves some of its defamation claims. Nuveen counters that accusations fail to rise to defamation because many are opinion or true.

Primary market deals generated strong demand, and municipals were little changed in secondary trading.

New York's DASNY is expected to make a $1 billion private placement Friday.

The site will provide a single location for investors to access its financial and operating data.

The coronavirus has shaken the foundation of the municipal market and participants are looking cautiously to the Fed while attempting to adjust to the sustained volatility.

The pending deal with a Bank of America-led syndicate would enable the commonwealth to draw down needed finds while tax revenues are deferred.

Barber and Amoroso will work together during a temporary transition phase.

Nuveen, Friedlander, BofA offer some recommendations on COVID-19 credit and sector impact.

The 2017 Tax Cuts and Jobs Act continues to influence the composition of the municipal bond market.

Many businesses have implemented policies to limit non-essential travel, which is likely to have impacted the biennial presentation to municipal bond investors.

The Metropolitan Pier and Exposition Authority updated its latest offering statement to warn of the risk posed to its bottom line as did two systems with upcoming deals.

Eight Los Angeles agencies, with a combined $49 billion in debt, will give presentations on their projects, debt portfolios and expected new issuance.

Ted Palatucci was a U.S. Navy veteran who went on to a long career in the municipal bond industry, most recently at Andres Capital Management.

Buy side analysts are skeptical about broker-dealer concerns that the order could greatly expand the private placement market.