Texas Capital is expanding its public finance team with the addition of five industry professionals, the Dallas-based financial services firm announced Friday.
The public finance business was launched in May with
The move came as the
The firm said the expanded team collectively brings more than a century of experience and reinforces its commitment "to being Texas' premier full-service financial services institution."
Bech Bruun, who joined Texas Capital as an Austin-based executive director of public finance, previously held executive director roles at Academy Securities and UBS.
Randy Moshier, a Houston-based public finance executive director, was a senior vice president of capital markets at Frost Bank.
"In his current position, Randy assists government and nonprofit municipal bond issuers raise capital for public and capital improvements and manages the firm's responsibilities during municipal underwriting engagements," Texas Capital said.
Timothy Herburger, a Dallas-based public finance executive director, comes from UBS, where he was a senior vice president for municipal sales in middle markets and wealth management. His position includes sales, trading, and underwriting of municipal debt with a responsibility for establishing relationships with investors and counterparties for new issuance distribution and to provide liquidity, according to Texas Capital.
Kevin Jackson, also a Dallas-based public finance executive director, spent seven years building Stephens' Texas underwriting and trading business and is now tasked with establishing and growing Texas Capital's underwriting and trading business.
Del Barnes joined Texas Capital's Dallas office as a vice president of public finance after serving in the same role at JPMorgan.
"Del supports clients across various industries aiming to enter public capital markets," the firm said.
The latest hires bring the headcount to 20 professionals in Texas Capital's public finance and government, nonprofit, and institutions groups.
