MINNEAPOLIS, May 1, 2019 – Baird, an employee-owned, international wealth management, asset management, investment banking/capital markets and private equity firm, announced today that it has added Bruce Sorensen as Managing Director to its Public Finance group.
Sorensen brings more than 30 years of industry experience to Baird. Over the course of his career, he has developed expertise in many areas of public finance, including local government, economic development, sales tax, tax increment, project revenue, New Markets Tax Credit, and charter school finance. In 2007, Sorensen established Piper Jaffray's charter school finance business and served for over 10 years as the senior banker on charter school financings totaling in excess of $700 million. He attended the Institute of Technology at the University of Minnesota and earned a bachelor’s degree in economics in 1989 from St. Cloud State University.
"We are thrilled to welcome Bruce to the Public Finance team," said Brian Brewer, Director of Baird’s Public Finance group. "His depth of industry experience will be a tremendous asset to Baird as we continue to grow our presence and service offerings nationally."
Sorensen added:"Baird is a great fit for me, both professionally and personally. I'm excited to work alongside this team of seasoned Public Finance professionals and to be joining the leading charter school finance firm in the country."
Baird Public Finance continues to grow through strategic recruitment efforts nationally. Most recently, Kevin Mullen joined the Public Finance team in Milwaukee, and Osee Pierre joined in Chicago.
For more information on Baird Public Finance, please visit www.rwbaird.com/publicfinance.
About Baird Public Finance
Baird is a full-service broker-dealer firm that provides municipal underwriting and financial advisory services to K-12/ISD Education, Charter Schools, Municipalities, Counties, Special Districts and Authorities, States, Developers, Higher Education and Healthcare entities. In 2018, Baird served as the underwriter, placement agent or advisor on more than 1,075 municipal issues totaling nearly $25.5 billion. According to Ipreo MuniAnalytics, Baird ranked as the No. 1 municipal underwriter by number of issues in 2018. Specific to the Midwest, Baird ranks No. 1 in several categories in 2018 including overall based on number of issues and by par amount for issues $100 million or less. Since 2009, Baird has provided services to municipal issuers in all 50 states.
Celebrating its 100th anniversary in 2019, Baird is an employee-owned, international wealth management, asset management, investment banking/capital markets, and private equity firm with offices in the United States, Europe and Asia. Baird has approximately 3,500 associates serving the needs of individual, corporate, institutional and municipal clients and $208.2 billion in client assets as of Dec. 31, 2018. Committed to being a great workplace, Baird ranked No. 16 on FORTUNE’s 2019 100 Best Companies to Work For list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations. For more information, please visit Baird’s website at www.rwbaird.com.
For additional information contact:
Baird Public Relations