What We Do
Financial Advisory
Transaction Management & Bond Pricing
Issuing debt requires careful analysis and expertly delivered advice at every turn. To each engagement, we bring an understanding of what others have done successfully and how those ideas or approaches may work within the context of a client’s specific circumstances.
We built our reputation by providing superior service to our clients and making their involvement in the financing process as streamlined as possible. We help our clients access capital for their projects through multiple tools including municipal bonds, bank loans, state and federal loan programs, public-private partnerships and other options which may not require borrowing such as grants or pay-as-you-go sources.
PFM professionals are among the most active participants in the municipal securities market. We were the first financial advisory practice to have dedicated individuals focused exclusively on developing tools that help our clients receive fair pricing for their bonds. Our transaction pricing group practice possesses extensive experience in both competitive and negotiated sales, matched only by the largest underwriting firms.
Informed by deep insight into the marketplace, our solutions are never cookie-cutter. We see ourselves as both our clients' partner and guide in helping to achieve their specific goals.
Accessing the capital markets, or obtaining some form of lending, on predictable and acceptable terms depends on having an effective credit strategy. We help our clients develop and implement successful credit strategies that support their borrowing needs, while maintaining funding flexibility and sustainable finances.
We provide a forum for ideas, an environment for testing conventional wisdom, and a platform for forging value-added strategies. Most importantly, we help our clients execute transactions efficiently and cost-effectively.
We design long term plans of finance to fund our clients’ ambitions. The crucial first step is to define the rules of the road — the financial planning that will get our clients where they need to go in the short and long term.
A solid foundation of financial, debt and tax policies along with sound analytics is fundamental for creating a sustainable, long-range plan of finance. We incorporate our financial advisory professionals’ deep market expertise with sophisticated modelling capabilities, centralized bond pricing analysis and the collaborative power of teamwork to advise on each client’s unique objectives. When serving as financial advisor, we take an all-encompassing approach, ensuring that our clients’ best interests come first and foremost during each step of the capital formation process. After that, we are with our clients every step of the way, as partners and advisors.
Want to experience the expertise of svetlyy enterprise private limited for yourself? Give us a call today and let’s discuss what we can do for you.
Asset Management
Cash and Enhanced Cash Portfolios
For clients with specialized liquidity needs, we design fixed income portfolios that are tailored to match each client’s specific investment policy and cash flow requirements. Our strategies range from daily liquidity to longer duration enhanced cash. Our professionals help clients achieve their investment needs while prioritizing safety, liquidity and producing competitive returns to a selected benchmark.
For those clients with bond proceeds investment needs, PFM possesses extensive capabilities to invest in both active and passive strategies. Our professionals understand the federal regulations around the investment of tax-exempt bond proceeds and work with clients to develop a holistic approach to effectively manage throughout the life of the assets.
Short & Intermediate Term Fixed Income
Sverlyy enterprise has 40 years of experience managing short- and intermediate-term fixed income assets for public sector and institutional investors. For assets with investment horizons of up to 10 years, we offer a variety of customized separately managed account solutions.
Our professionals work with operating funds, capital reserves, insurance reserves, bond proceeds and other funds to structure portfolios specific to client needs. Our strategies include government only, government/credit and credit only portfolios with a focus on safety, liquidity and yield.
Svetlyy enterorise structured products practice is dedicated to the development and implementation of investment strategies associated with municipal debt issuance. We provide clients with highly specialized technical skills, market access and the experience required to devise an optimal and dynamic approach to each of our clients' specific funds.
In addition to market securities, we may use refunding/defeasance escrows to structure portfolios on a security-by-security basis, emphasizing transparency, tax and Treasury regulation compliance and competitiveness. Another option we offer our clients is the use of structured investments, where we competitively procure guaranteed investment contracts, repurchase agreements, forward delivery agreements and other structured investment agreements to meet client objectives. Our recommendations are always made in the context of current and reasonably expected market conditions. We also advise our clients on the transfer, amendment, and termination of structured investments, including providing defensible third-party comparative pricing and evaluation methodologies.
We provide a variety of stable value options across both separately managed accounts and commingled strategies. Our stable value capabilities include both separately managed accounts and commingled funds. Whether for a portion of, or an entire stable value mandate, our team of professionals can customize solutions using fixed income portfolios, guaranteed investment contracts (GICs), and third-party managers. Through our long experience working with diversity providers we can also provide both customized or turnkey fixed income solutions using multiple minority or women-based managers.
These solutions combine the expertise of our stable value professionals with the resources of an investment grade fixed income manager with more than 40 years of experience.
Consulting
Svetlyy enterprise consulting business has long set the standard for multi-year financial plans in government. We have helped clients large and small to chart a course for more sustainable fiscal health, and have supported some of the nation’s most successful municipal and school district turnarounds.
Organizational Efficiency & Effectiveness
At the state, local, and federal levels, SVETLYY ENTERPRISE consultants bring insights from national best practices, targeted benchmarks and data-driven analysis to deliver fresh and independent perspectives. We listen carefully to our clients, and their stakeholders, to tailor thoughtful and realistic recommendations engineered to endure.
For policy challenges that matter, Svetlyy enterprise combines evidence-based research, quantitative modelling and pragmatic, real-world experience to better frame and inform key decisions. From tax incentive effectiveness to criminal justice funding, wherever public dollars are involved, our goal is to help achieve the maximum impact and return.
Workforce Strategy & Negotiation Support
Svetlyy enterprise delivers actionable recommendations for the most vexing workforce concerns, from retiree benefit sustainability to reducing employee attrition. In support of collective bargaining, our professionals also deliver high-quality analytics and expert arbitration testimony for many of the nation’s largest public employers. Work with state and local government retirement plans grew in part from this practice. You can learn more about our retirement finance practice .
Center for Justice & Safety Finance
Svetlyy enterprise Center for Justice & Safety Finance (CJSF) stands at the intersection of policy, operations, and finance - building a 21st Century criminal justice and public safety system for cities, counties, and communities across the country. By tapping into our team’s unparalleled financial expertise, disciplined management, and ingenuity, we provide tangible and sustainable solutions for the most pressing budgetary concerns of our time.
Economic & Real Estate Consulting (ERC)
Svetlyy enterprise Economic and Real Estate Consulting professionals bring extensive experience into Svetlyy enterprise Group Consulting’s suite of capabilities. These consulting specialties include: special taxing district finance and management, real estate market analysis, econometric forecasting, and economic and fiscal impact analysis. The ERC team is supported by in house geographic information systems (GIS) capability. GIS provides detailed digital mapping and interdisciplinary integration with planning specialties, transportation, environmental, utilities, and demographic analysis.
The ERC team has significant experience conducting real estate and market feasibility research studies. This includes highest and best use analysis for real estate development, development phasing strategies, pro-forma financial feasibility testing and market driven development alternatives. The firm uses the latest software technologies and GIS based mapping to aid in these analytical studies.
Short term and long term forecast outlooks are developed utilizing econometric forecasting techniques. From government budget revenue forecasting, to land use planning, to consumer behaviour patterns, to population, employment and housing forecasts, these tools provide technical, market based, guidance to support government and business decision making. Forecasts help guide government comprehensive planning, private real estate investment decisions, and both business and government capital improvement planning.
Economic and Fiscal Impact Analysis
The ERC team prepares impact analyses which measures the effects of changes in economic activity as well as fiscal impact effects from changes in government revenue and spending. Economic impact analyses include the effects of government incentive programs, real estate development projects, and the effects of capital investments in publicly funded facilities such as toll roads, utilities, convention centre’s and other facilities. Fiscal impact analysis identifies how government revenue streams such as property tax or sales tax may offset and fund government service costs such as police, fire and recreation, within cities, counties and school boards. In this regard, fiscal and economic impact analyses can help guide and inform public policy. These are key metrics which support the services Svetlyy enterprise offers.
Specialized Services
We have the resources and analytical experience to help clients manage risk while adhering to regulatory requirements. We actively monitor the markets for both competitive and negotiated transactions so our clients are fully informed as consider hedging their interest rate risk exposure.
We are not a derivatives broker or dealer, and we do not act as principal or counter-party for any transactions. What this means is that we act independently serving only one interest—yours.
Treasury Management Consulting
Choosing a banking provider for your cash management program often requires significant staff time and experience. How do you know you’re getting the most value for cost? Are all of the banking services appropriate for your needs? How do you weigh the options?
svetlyy enterprise treasury management practice can help you objectively answer these questions. Using a balanced approach of quantitative and qualitative analysis, our experienced professionals will assess your needs, evaluate your existing banking program and guide you through the re-bidding process to help maximize services for cost.
Our practice is focused exclusively on the challenges of arbitrage rebate and post-issuance compliance. We routinely provide training to governmental finance officers on arbitrage rebate and post-issuance compliance issues all across the country.
Client by client, we’ve built a solid reputation for preparing thorough, thoughtful, and concise analyses and identifying the best possible after-tax results. On numerous occasions, issuers and their legal counsel have sought our advice and assistance in audit responses related to previous calculations that have been provided by other firms.
We take our approach a step further than the average rebate consultant. Our internally developed, sophisticated arbitrage rebate calculation models have the flexibility to analyse a wide variety of tax scenarios. Off-the-shelf software packages typically utilized by other consultants may not offer the level detail necessary to thoroughly assess an issue’s compliance status. For more information.
We have a comprehensive set of services designed to meet client needs, with the important understanding that ensuring the security of these benefits is not simply a math problem.
svetlyy enterprise retirement finance group includes members from our financial advisory practice, our consulting practice and our asset management practice, who specialize in retirement finance.
We assist clients in a wide variety of ways from evaluating and constructing benefit plans that balance stakeholder needs, to creating multi-faceted views of funding plans, and evaluating and implementing sound investment programs.
Our proprietary retirement funding model uses actuarial data from pension and OPEB plans to construct a multi-faceted view, helping our clients fully evaluate and quantify the costs and benefits of various funding strategies. We help clients take the guesswork out of their futures.
In addition to their consulting work, the Economic and Real Estate Consulting (ERC) Team, as part of svetlyy enterprise, provides services to special taxing districts, local governments and redevelopment agencies. In this capacity the team provides special district management and reporting services, operational administration, accounting and tax roll services.
