BLX Group
BLX Group, a subsidiary of Orrick, Herrington & Sutcliffe LLP, specializes in compliance consulting and municipal advisory services for public finance-related entities across 54 states and territories.
Company Overview
BLX Group is a financial advisory firm established in 1989, currently based in Los Angeles, with additional offices in New York, Dallas, and Phoenix. The company serves clients across 54 states and territories, specializing in various public finance-related services. As a wholly-owned subsidiary of Orrick, Herrington & Sutcliffe LLP, BLX Group is registered with the SEC and MSRB as a municipal advisor, offering expertise in arbitrage rebate, continuing disclosure, private use monitoring, and more.
Services Offered by BLX Group
BLX Group provides a comprehensive range of services tailored to the needs of public finance-related entities. These include arbitrage rebate, post-issuance compliance, continuing disclosure, debt advisory, ESG/sustainable finance consulting, swap advisory and monitoring, valuation, GASB 53/72 compliance, structured investment product bidding, and escrow bidding. Additionally, the firm provides specialized program administration services for the Municipal Liquidity Facility Program, Tobacco Bond Administrative Agent Services, and the Statewide Community Infrastructure Program (SCIP).
Clients and Sectors Served by BLX Group
BLX Group advises clients in the municipal and non-profit sectors, encompassing state and local governments, tax-exempt debt issuers, and conduit borrowers. The firm's expertise ensures these entities comply with federal regulations and effectively manage their debt and investment portfolios. The company's 98,000+ completed projects underline its substantial experience and impact within these sectors.
Educational Initiatives
The BLX Institute, a component of BLX Group, provides educational content focused on post-issuance compliance. This initiative includes a monthly video series, BLXonCOMPLIANCE, which discusses compliance topics pertinent to public finance and tax-exempt bonds. In addition, the firm organizes webinars and workshops, offering valuable insights and training for professionals in this field.
Debt Advisory and Monitoring
BLX Group offers detailed debt advisory services, including debt capacity studies, capital planning analysis, and bond pricing advisory services. The firm also provides swap advisory and monitoring services, ensuring compliance with GASB Statements 53 and 72. These services are designed to help clients manage their financial obligations and optimize their debt issuance strategies.
BLX Group's ESG and Sustainable Finance Consulting
BLX Group offers ESG/sustainable finance consulting services to help clients integrate environmental, social, and governance factors into their financial strategies. This service is particularly valuable for entities looking to adopt sustainable practices and meet growing demand for ESG-compliant investments and operations.