Baird Adds Craig Hrinkevich, Establishes Public Finance Operations in Northeast
RED BANK, N.J., July 12, 2019 – Baird, an employee-owned, international wealth management, asset management, investment banking/capital markets and private equity firm, announced today that it has added Craig Hrinkevich as Managing Director in its Public Finance Group. Hrinkevich will work from both Baird’s Blue Bell, Pa. office and Red Bank, N.J. office, formally establishing public finance operations in the Northeast and building upon the existing municipal underwriting and sales and trading operations in Red Bank.
Hrinkevich brings more than 25 years of experience to Baird. He most recently served as a Managing Director at Wells Fargo Securities, and has held various public finance investment banking roles at Wachovia Securities, A.G. Edwards & Sons, Inc. and First Albany Corporation. Over the course of his career, Hrinkevich has developed creative financing solutions for a variety of high-profile and local issuers in the Northeast region and throughout the country. He has developed banking, credit and analytical expertise by working with a variety of issuers, including states, state agencies, bond banks, state revolving funds, public and private higher education and not-for-profits, healthcare, municipal and investor-owned electric and water/sewer utilities, local towns, cities, school districts and transportation entities. He has also structured complex debt financings, such as general obligation, appropriation, moral obligation, asset securitization, and short-term debt as an advisor, underwriter and placement agent. He is a graduate of Rutgers College, and earned a master’s degree in governmental administration from the University of Pennsylvania.
“We are very excited to welcome Craig and expand our Public Finance operations in the northeast,” said Brian Brewer, Director of Baird’s Public Finance group. “Craig’s expertise and breadth of experience with both local government and larger issuers will be a tremendous asset and strengthen Baird’s existing municipal operations in the Northeast. He joins Charlie Massaro and his municipal underwriting team.”
Hrinkevich added: “Baird has a highly-respected public finance group, top-notch underwriting capabilities and is growing. I am excited to be a part of the team and look forward to developing creative solutions that best serve our clients.”
Baird Public Finance continues to grow through strategic recruitment efforts nationally. Hrinkevich is the fourth senior hire joining Baird in recent months. Earlier this year, Bruce Sorenson joined the firm in Minnesota, Kevin Mullen joined in Milwaukee, and Osee Pierre joined in Chicago. To date, Baird Public Finance has more than 70 associates located in 16 offices across the country.
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 1,075 municipal issues totaling nearly $25.5 billion. According to Ipreo MuniAnalytics and for the 10th consecutive year, Baird ranked as the No. 1 municipal underwriter by number of issues in 2018. For the first half of 2019, Baird ranked as the No. 8 municipal underwriter by par amount, according to Bond Buyer. Since 2009, Baird has provided services to municipal issuers in all 50 states as well as Washington D.C.
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 more than 3,700 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.