Bonds

Siebert adds Sean Boyea as managing director in new Sacramento office

Public finance banking industry veteran Sean Boyea has joined Siebert Williams Shank & Co. as a managing director in Sacramento.

Boyea brings more than three decades of public finance experience to the minority- and women-owned heavyweight, and will launch its office in California’s state capital.

“SWS has a rich history for being opportunistic during economic downturns and recovery periods. I wouldn’t be surprised if we make other strategic hires in the near-term,” Gary Hall, partner and president of Infrastructure & Public Finance for the firm, said in a statement.

Boyea has handled $50 billion of municipal investment banking over the course of his career, according to the firm’s press release, and brings decades of experience in business development, strategic planning and client relationship expertise.

“I am delighted to join the Siebert Williams Shank & Co. team,” Boyea said in a statement.

Boyea has managed infrastructure, transportation, higher education, healthcare, and utility financings, and maintained integral relationships with key stakeholders and government entities, including the State of California, Regents of the University of California, California State University, Department of Water Resources, Los Angeles Department of Water & Power, City of Los Angeles, Los Angeles World Airports and the State of Oregon.

“We are excited to add a very experienced banker with relationships throughout California and the West Coast, thus expanding our coverage team in the region with a valuable new resource,” Grace Yuen, a SWS managing director & head of its West region, said in a statement.

Most recently, Boyea was senior vice president at UMB Bank, joining in 2020 to execute the bank’s West Coast and New York City municipal investment banking strategy.

He was a principal at the Williams Capital Group for a decade prior to the company’s merger with Siebert Cisneros Shank & Co.

Boyea has previously held roles at Goldman Sachs and Morgan Stanley, among others. He earned an executive MBA from the UCLA Anderson School of Management, and a bachelor’s degree in business & accounting from California State University, Los Angeles.

SWS in the last year was credited with 65 bond deals worth $8.1 billion, according to the firm.

Recent municipal bond deals done by SWS as bookrunner have ranged in size from $3 million to $1.75 billion for the state of California, the largest transaction ever senior managed by an MWBE firm.