Industry Leading Banker Joins HJ Sims to Head Education Sector Expansion

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Apr 20, 2016, 02:37 ET

BLOOMINGTON, Minn., April 20, 2016 /PRNewswire/ -- HJ Sims welcomes Jay Hromatka, an industry leading Banker to head HJ Sims' expansion in the education sector. Hromatka will be working in the Bloomington, Minnesota office. Jay brings 30 years' worth of experience in banking and fixed income investment banking to the HJ Sims team. He has worked with a wide range of issuers and borrowers across the country. For the past 19 years, he has worked exclusively in the education sector, structuring and underwriting charter school transactions for a diverse group of charter schools.

Jay has been the lead banker and has underwritten in excess of $1 billion of facility financing for more than 100 charter schools across the country. In addition to his banking experience, he serves as a board member for a national, non-profit community development financial institution (CDFI). This CDFI focuses on helping charter schools finance, build and expand their school facilities—with a special emphasis on new schools that serve low-income families.

Prior to joining HJ Sims, Jay was with Piper Jaffray for six years. He is a graduate of the University of Minnesota and lives in Minneapolis with his family.

"I am excited to join a firm that has an impressive reputation and solid history in the financing industry. I am eager to help grow the business and to assist many new clients in executing the right financing solution for their projects," says Jay.

"We could not be more enthused to welcome such a talented banker to our team," said William B. Sims, Managing Principal. "Jay will continue the firm's growth strategy in the education sector by helping our clients find creative financing strategies to see their visions become a reality."

For more information about creative financing solutions for education sector projects, please contact Jay today in Bloomington, MN office at 952-683-7506 or by email [email protected].

ABOUT HJ SIMS

Founded in 1935 on Wall Street, HJ Sims is celebrating more than 80 years of service as a privately held investment bank and broker-dealer with approximately $1.8 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 approximately $21 billion for projects throughout the US. The firm is headquartered in Fairfield, Connecticut, with investment banking, private client wealth management and trading offices in Maryland, Florida, Minnesota, New Jersey, Pennsylvania, Texas and Puerto Rico. Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, is custodian of all client assets. For more information, please visit: www.hjsims.com/ourstory. Investments involve risk, including the possible fluctuation of principal. Member FINRA/SIPC^®. Follow HJ Sims on Facebook, Twitter and LinkedIn.