Rebranded TFA Capital Partners Announces Promotions

Formerly Tribal Financial Advisors, the newly rebranded TFA Capital Partners named gaming industry investment banking veteran William Newby as president, TFA co-founder Kristi Jackson as chairman of TFA Capital and David Howard as chief executive officer. Since 2009 the company has helped Indian tribes raise more than $3.5 billion of capital.

The newly rebranded TFA Capital Partners, formerly Tribal Financial Advisors, announced several recent promotions.

Gaming industry investment banking veteran William Newby has been named president. Newby has advised and led the financing for notable gaming industry transactions including Harrah’s Entertainments’ acquisition of Caesars Entertainment, MGM’s acquisition of Mirage Resorts and Mandalay Resort Group, TPG/Apollo’s acquisition of Harrah’s Entertainment and the creation of Wynn Resorts Limited. He served as gaming and leisure industry group head at Bank of America Securities, where he built its gaming banking franchise into an industry leading team. Newby also held similar roles at UBS and Jefferies Group. He formerly served on the American Gaming Association’s board of directors.

Said Newby, “I am excited to be joining TFA Capital, whose team I have known and respected since we first worked together at Banc of America. I believe they are the best of any gaming investment banking group anywhere. I look forward to bringing my insights from the world of commercial and corporate gaming to TFA Capital’s tribal clients, and to be able to leverage TFA Capital’s unique insights and expertise with my relationships in the commercial and corporate gaming arena.”

TFA co-founder, Vice Chair and Chief Executive Officer Kristi Jackson has been named chairman of TFA Capital, and will continue to lead the group’s tribal finance area. Jackson commented, “TFA Capital’s expanded capabilities are a direct reflection of what we’ve heard from our tribal clients about the need for additional support and expertise, as they explore alternate means of creating value for their communities.”

David Howard, who joined the firm when it was founded in 2009, has been named chief executive officer. He stated, “As the tribal community increasingly looks to build a diversified portfolio of businesses, including financing new revenue opportunities and M&A activity, both on and off-reservation, we know many of these will now be in the commercial gaming space. We look forward to delivering the same high level of quality advice, creativity and pragmatism our clients have come to expect when they partner with us, now across a broader range of services. We are also excited to have a banker of Bill’s caliber join TFA Capital’s leadership team.”

Headquartered in El Segundo, California, TFA Capital Partners is a recognized leader in arranging financing for Native American Indian tribes nationwide. Since 2009 the company has helped tribes raise more than $3.5 billion of capital, and has delivered more than $300 million of savings in interest payments and other costs for its clients.

In addition to capital raising and strategic advisory, TFA Capital clients now have access to independent buy-and-sell-side M&A advisory, restructuring advisory and operational consulting expertise, as well as investment banking expertise in the commercial gaming and leisure sector.

**GGBNews.com is part of the Clarion Events Group of companies (Clarion). We take your privacy seriously. By registering for this newsletter we wish to use your information on the basis of our legitimate interests to keep in contact with you about other relevant events, products and services which may be of interest to you. We will only ever use the information we collect or receive about you in accordance with our Privacy Policy. You may manage your preferences or unsubscribe at any time using the link in our emails.