FAIRFIELD, Conn., April 9, 2019 /PRNewswire/ -- HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce that Siamac Afshar joins the firm in the Philadelphia, PA office as Vice President, Investment Banking. Prior to Sims, Siamac was a Vice President with Acacia Financial Group, an independent municipal advisory firm, where he spent the past 12 years managing projects and analytics for governmental entities, and issuing authorities across the U.S. In addition to being involved in over $125 billion principal amount issued, Siamac led the firm's Open Market Securities escrow bidding practice and acted as the quantitative lead for the firm's derivatives practice, which he helped develop. Before his work with Acacia, Siamac spent four years with Public Financial Management (PFM).
Gained through his work on large and complex financing transactions, Siamac brings a diverse range of relevant experience and technical expertise in tax-exempt and taxable financing, interest rate hedging and proceeds investment. Past work also includes furthering research and policy initiatives with the Internal Revenue Service and Government Accounting Standards Board rules relating to derivative and interest rate hedging transactions. Serving as the day-to-day contact for numerous clients, Siamac was also responsible for the oversight, training and mentoring of junior colleagues, who have graduated to advanced roles. Beyond his direct client work, Siamac has worked collaboratively with underwriters, lenders and other finance team members.
In his free time, Siamac enjoys volunteering with local no-kill animal shelters and taking part in the vibrant local Philadelphia Theater community.
Siamac earned a Bachelor of Science in Business Administration, Finance from the University of North Carolina.
"We are excited to welcome Siamac Afshar to the HJ Sims banking team. Siamac brings a wealth of knowledge and expertise to our firm; his strong public finance background and his outstanding analytical and transaction management skills will be a tremendous asset to our clients. We are also excited to expand our derivative advisory and escrow bidding capabilities under Siamac's leadership. Most importantly, Siamac has been a trusted advisor to his clients, a trait we greatly value and share," said Aaron Rulnick, Managing Principal.
ABOUT HJ SIMS: Founded in 1935 on Wall Street, HJ Sims is a privately held investment bank and wealth management firm with $2.2 billion of assets under management. HJ Sims is known as one of the country's oldest underwriters of tax-exempt and taxable bonds, having raised $25+ billion for projects throughout the US. The firm is headquartered in Fairfield, Connecticut, with nationwide investment banking, private client wealth management and trading locations. HJ Sims is not affiliated with Orchard or HSL. Visit www.hjsims.com/ourstory. Investments involve risk, including the possible fluctuation of principal. Past performance is no guarantee of future results. Member FINRA, SIPC. Follow HJ Sims on Facebook, LinkedIn, Instagram and Twitter.
CONTACT: Tara Perkins, Assistant Vice President | 203-418-9049 | firstname.lastname@example.org
SOURCE HJ Sims