Blue Rose’s Georgina Walleshauser promoted to Vice President
Georgina Walleshauser is promoted to Vice President at Blue Rose Capital Advisors. Ms. Walleshauser joined Blue Rose in 2017 providing modeling, analytics, market data, and research in support of the delivery of capital planning, debt and derivatives advisory, and reinvestment services to our clients. Since she joined the firm, Ms.
Blue Rose’s Brandon Lippold promoted to Vice President
Brandon Lippold is promoted to Vice President at Blue Rose Capital Advisors. Mr. Lippold joined Blue Rose in 2018 providing modeling, analytics, market data, and research in support of the delivery of capital planning, debt and, in particular, derivatives advisory services. Mr. Lippold utilized his experience from the firm’s
Blue Rose’s Maxwell Wilkinson promoted to Vice President
Maxwell Wilkinson is promoted to Vice President at Blue Rose Capital Advisors. Mr. Wilkinson joined Blue Rose Capital Advisors in 2016. In his role of Assistant Vice President, he was tasked with providing transaction execution leadership, ensuring that our clients’ debt and debt-related transactions progressed smoothly and efficiently. Mr.
Basis Points: Special Announcement – SLGS Window to Remain Open
As expected, the U.S. government’s debt limit was reached today. Treasury Secretary Janet Yellen identified this situation in a letter to Congress last week. When this situation occurs, the Treasury usually takes certain “extraordinary measures” to mitigate the increase of debt such that debt levels remain under the debt ceiling.
The Shield – 2022 Municipal Market in Review
The municipal market landscape in 2022 was a meaningful departure from what we experienced in 2021 and 2020, which were banner years for issuance of municipal debt. Municipal market issuance declined again from 2021 as rising interest rates and volatility were constant themes throughout much of the year. Taxable issuances
Basis Points – A Year in Review for Reinvestment Rates
In 2022, short-term interest rates rose significantly. This was an obvious trend that captured many headlines throughout the year. What may have been less apparent to market participants was the fact that about mid-way through the year, we began seeing consistent opportunities for positive arbitrage between 20-year tax-exempt borrowing rates
Remembering Emily Stolp
It is with great sadness that we share the news that our friend and colleague Emily Stolp has passed away. Emily was an outstanding colleague of ours for 15 years before her health conditions suddenly changed in the summer of 2021. She came to our company in 2006 after
Blue Rose Capital Advisors – Holiday Event 2022
To celebrate our year together as a company, Blue Rose Capital Advisors, along with our sister company HedgeStar, spent some quality time with each other learning the sport of curling and having a fun gift exchange. From all of us at Blue Rose, happy holidays! Contact Blue Rose: (952) 746-6050
Thankfulness for Our Team, Our Mission and A Continuing “Service” Tradition
This year has marked a return to “normal” Thanksgiving activities for my family and me, most notably the resumption of large family gatherings that were a mainstay of our pre-pandemic life. The pandemic and, even more so, true illness caused us to take a few years off from those holiday
Blue Rose Capital Advisors at a Glance!
Minneapolis, MN | November 16, 2022 | Blue Rose Marketing Blue Rose Capital Advisors is a full-service independent financial advisory firm that serves clients of all sizes and sectors, with a specialization in higher education institutions. Our services include debt advisory, derivatives advisory, reinvestment advisory, P3 advisory & additional
Basis Points – Strategizing with Reinvestment for Future Capital Needs
Not surprisingly, the FOMC meeting last week resulted in another 75-basis point rate hike to the Fed Funds rate. Based on the Bloomberg Weighted Average forecast (shown in the graph below), the current market sentiment is that rates will continue to increase through the beginning of next year. The forecasters
The Shield – Keeping Pace with Moody’s New ESG Methodology
ESG, or “Environmental, Social, and Governance” has been a hot topic of conversation across the financial world for years, with its weight and influence on investing decisions and credit profiles continuing to grow and expand. There has been considerable discussion and debate about the implications of considering ESG factors as
Basis Points – Interest Rates Continue to Increase
This month the Federal Reserve raised interest rates again by 0.75%, and we continue to see significant increases in treasury rates, particularly on the front end of the yield curve. As a result, the treasury yield curve is now significantly inverted, as showcased in the chart below. In September of
Blue Rose Capital Advisors Annual Meeting 2022
Every year the Blue Rose Capital Advisors team gathers with our affiliate company, HedgeStar, for an in-person meeting to celebrate the year we’ve had as a company. This year we traveled to Duluth, MN, to enjoy the beauty of Minnesota’s fall season. Our time in Duluth included some business
FREE Webinar: LIBOR Transition – Final Countdown
As LIBOR cessation approaches the market is now seeing a significant uptick in legacy LIBOR instruments transitioning to reference alternative indices. This presentation aims to simplify and organize the large amount of information that has been released to the market over the last few years. September 29, 2022 |
The Shield: Mergers, Acquisitions, and Hard Choices
Colleges and universities across the country are facing unprecedented pressures. Inflation and rising costs are the most recent factors that drive finance and business officers to pull their hair. Pressure from the recent job market has lured away some would-be students, as have online alternatives. Even before this year’s drop
The Shield: Rising Rates and the Inverted Yield Curve
Out of control inflation, war, geopolitical tensions, and China’s recent mortgage defaults and boycott are some of the issues that have led to market volatility this year. In a response to inflation running at its highest levels since the early 1980s, the Fed has delivered some of the biggest interest
Basis Points: Increases in Short-Term Interest Rates
The Federal Reserve raised interest rates again last week by 0.75%. Movements in the fed funds rate are closely related to short-term treasury rate movements. Historically and as shown in the graph below, the timing of increases to treasury interest rates has occurred leading up to (rather than following) the
Blue Rose’s John Elliott promoted to Assistant Vice President and Chief Compliance Officer
John Elliott is promoted to Assistant Vice President and Chief Compliance Officer at Blue Rose Capital Advisors. Mr. Elliott joined Blue Rose’s California office as an Associate in 2021. He was responsible for consulting engagements and providing analytical and research support to the lead advisory team for Blue Rose’s P3
Considerations for Reserve Funds in the Current Market
The current market is allowing borrowers to realize significant interest earnings through the reinvestment of their debt service reserve funds. Because of the relatively flat yield curve environment the issue of negative arbitrage is diminishing and, in some cases, non-existent. In many cases, reinvesting debt service reserve funds is slightly
Basis Points – Advantages to Reinvestment Structures in the Current Market
Interest rates have risen dramatically over the last six months, especially at the short-end of the yield curve. Even though we’ve seen slight tapering in rates over the past several weeks, the yield curve continues to provide significant reinvestment opportunities for issuers. Issuers that are coming to market with
Moody’s Private Higher Education Medians Reveal Mixed Trends for Private Universities in FY 2021
In fiscal 2021, private universities saw major positive developments that buoyed their credit positions in the wake of the COVID-19 pandemic. In particular, strong investment returns across the many asset classes provided for significant growth in cash and investments for most universities, and pandemic-related government aid provided support for operations.
Basis Points – Taking Advantage of Intraday Volatility
The current market continues to produce extremely volatile interest rates from week to week, day to day, and even intraday. Although such a volatile interest rate environment presents many disadvantages to all market participants, there can also be some advantages. For issuers, one of the advantages of intraday volatility
The Shield: The Rising Interest Rate Environment: Challenges and Opportunities for Borrowers
There is no question that the rapid rise of interest rates in 2022 has come much more quickly than nearly anyone anticipated. During the second half of 2021, there was growing evidence that the mounting inflationary pressures once thought to be transitory were, in fact, a bigger problem. Indeed, the
Basis Points – Significant Increase in Yields for Project Funds in the Current Market
The first increase in the Fed Funds rate since 2018 was anticipated by the market months before it occurred. This, combined with signals of further rate hikes from the Fed and both the uncertainty and the economic impacts surrounding the war in Ukraine, have caused interest rates to increase significantly
The Shield – Transitioning From LIBOR: A Year With SOFR
Blue Rose Capital Advisors is Presenting at the NACUBO Annual Meeting
Basis Points: June Market Update
The Shield – May Market Update
Basis Points: Positive Arbitrage Persists in the Market, Increasing in Certain Circumstances
The Shield – Market and Company Update
Blue Rose’s Lily Greenway passes MSRB Series 50 Exam
Blue Rose Capital Advisors Will Present at the MHEFA Annual Conference
Blue Rose Capital Advisors LLC is Excited to Announce Its Partnership with Excelsior Capital Advisory Services LLC
