In an exciting development in the municipal bond industry, a pair of seasoned professionals has recently left Preston Hollow Community Capital to establish their own firm, V2 Municipal Capital. This new venture aims to partner with alternative asset manager Fundamental Advisors to source high-yield municipal deals. The founders, Charlie Visconsi and Ron Van Den Handel, bring years of experience and expertise to the table, signaling a significant shift in the market dynamics.
Charlie Visconsi and Ron Van Den Handel have announced the formation of V2 Municipal Capital as an independent firm that will collaborate with Fundamental Advisors. With a focus on sourcing deals that align with borrowers’ objectives while providing robust protections for invested capital, V2MC aims to specialize in asset-based lending. The firm will cater to traditional municipal issuers in sectors such as health care, housing, education, and infrastructure, offering tax-exempt and taxable deals to meet their financing needs.
Prior to launching V2 Municipal Capital, Charlie Visconsi served as the co-head of originations at Preston Hollow, leading transactions totaling $1.3 billion. With a background at Morgan Stanley and extensive experience in public finance, Visconsi brings a wealth of knowledge to the new firm. On the other hand, Ron Van Den Handel, formerly a managing director at Preston Hollow, has a solid track record in deal origination across various sectors. His tenure at Deutsche Bank and Raymond James has equipped him with the skills needed to source high-quality municipal deals.
Visconsi highlighted the gap in funding that exists in the municipal bond market, particularly for tax-exempt and taxable projects. V2MC aims to bridge this divide by leveraging its market relationships to structure innovative solutions that benefit borrowers while safeguarding investments. By identifying opportunities where traditional capital markets, commercial bank funding, and agency financing fall short, the firm seeks to deliver value-added propositions to its clients.
By teaming up with Fundamental Advisors, a reputable player in the municipal market specializing in special situations and public purpose assets, V2 Municipal Capital gains access to additional resources and strategic insights. Fundamental’s commitment to providing flexible and creative capital solutions aligns well with V2MC’s mission to address the evolving needs of municipal borrowers. The partnership marks a new chapter in both firms’ growth trajectories.
The establishment of V2 Municipal Capital represents a significant development in the municipal bond market, signaling a fresh approach to deal origination and financing. With a focus on high-yield opportunities and customized solutions, the firm is poised to make a meaningful impact on the industry. As Visconsi and Van Den Handel embark on this new venture, their combined expertise and strategic vision are likely to steer V2MC towards success in the evolving landscape of municipal finance.