David Herrera Email & Phone Number

Chicago, IL, US

Renewable Energy Evolution (REE) is a leading renewable energy advisor, developer and certified Approved Vendor within the State of Illinois Solar for All (ILSFA) and Illinois Shines (ABP) programs.REE is the #1 market leader within the ILSFA program, having procured 31% market share of the Illinois State renewable energy credit (REC) allocation for.

The group seeks unique investment opportunities where we believe investment can outperform tradition markets or its peer group by capturing excess or otherwise unseen alpha.We adapt to the marketplace and explore opportunities advising, consulting, and co-investing in unique domestic and cross-border investment opportunities. Entrepreneurial ventures.

• disruptive next generation Concentrated Solar Power (CSP) technology
• over $1 billion USD Solar field development pipeline for 2020
• led financing/funding for all Solar Field development projects - debt/equity placement, capital structure optimization, partnerships, Joint-ventures
• led pricing, underwriting, project due diligence and economic feasibility on a per project basis
• through my personal network sourced more than three million dollars ($3,000,000) in “pre-revenue" business loans
• advised a change in accounting firms resulting in tax savings of over $2,000,000

Proposed Smart City District adjacent to O‘Hare International Airport Chicago, Illinois, USAProject Footprint: 50 acres. (including 14-acre lake)Projected Development Cost: $1.5B

• Contract Role: Aviation Private Equity
• Portfolio company of The Carlyle Group dedicated to aviation finance and related investments
• Consulting engagement supporting Executive Management with all financial modeling and investment analytics on transactions globally: Americas, Asia-Pacific, Africa, Europe and Middle East
• Deal structuring optimization and cash-flow modeling to ascertain the highest risk-adjusted returns on a deal-by-deal basis
• Created financial models for $100MM fund: investment return projections, operating expense (OPEX) budget and assets under management (AUM) forecasting and analytics
• Drafted Letters of Intent (LOI’s) and Nondisclosure Agreements (NDA's) on a transactional basis for the firm

• Contract Role: Land, Development, Construction/Project Funding ~ $3.5BN Development Project
• The nation’s single largest adaptive reuse project
• Reported to world-renowned British developer and owner Bill Davies
• Created financial models for a $3.5BN commercial real estate development project located in Chicago; known as The Old Main Post Office (http://ipdamerica.com)Media Article - 1).

Chicago, IL, US

• Contract Role: Corporate Treasury Management - $5BN AUM publicly traded Real Estate Investment Trust (REIT)
• Consulting engagement, supporting the Vice President of Treasury with quantitative modeling (Microsoft Excel) and treasury support services
• Highly quantitative role; deconstructing existing corporate and portfolio level models; redesigning, creating and customizing newly devised quantitative models for Executive Management
• Quantitative models included: corporate debt model ($2.2BN), revenue model ($800MM) and underwriting model (~$5BN)
• Regression tested and validated quantitative modeling results through-out the model build process for accuracy
• Created user training manuals illustrating how end-users should use the newly created bespoke models on a go-forward basis

Zurich, CH

• Contract Role: Global Fixed Income
• Consulting engagement supporting the Global Head of Fixed Income IT
• IT/change management initiatives across diverse fixed income and currency product types: CHF, EUR, GBP, JPY, USD
• Served as a project manager/senior business analyst within an Agile Scrum IT development team (consisting of 5 members)
• Organized and led meetings with product owners, business representatives and IT developers globally to define requirements and created user stories
• Reviewed, analyzed, and tested capital markets data within the main data warehouse/repository system for accuracy

Charlotte, NC, US

• Contract Role: Global Counterparty Risk
• Supported the Global Counterparty Risk Management Control group with the management and surveillance of derivative exposures across diverse product types: Credit Default Swaps, Foreign Exchange, Interest Rate.
• Created new operational risk and control reports/presentations overseeing legal documentation processes required for the enforceability of “close-out netting” across multiple sovereign states, jurisdictions, and.
• Participated on conference calls with attorneys globally to discuss country and investment regime specific legal opinions, regarding the enforceability of “close-out netting”
• Close-out netting is an essential risk mitigant; reducing the risk-weighting of derivative contracts, which inherently flow-through to Capital Adequacy Ratios (CARs) defined/implemented by the Dodd-Frank Act and Basel.

Arlington, VA, US

• Contract Role: Municipal Bond Mortgage-Backed Securities
• Reported to the Managing Directors assigned to the engagement
• Served as a structured finance and real estate subject matter expert (SME) on an engagement with one of the largest banks in the USA; area of focus was within the clients’ municipal mortgage-backed securities.
• Read, reviewed, and abstracted municipal mortgage-backed security (MBS) bond indentures to ascertain respective MBS structure, mechanics, flow-of-funds (waterfall), and deal terms for reverse engineering/cash-flow.
• Created diagrams and PowerPoint presentations summarizing MBS structures, mechanics, flow-of-funds, and deal terms
• Liaised with the client and fellow team members to discuss the diverse range of MBS structures within the portfolio, differentiating characteristics, applicable documentation, and cash-flow modeling strategies

Chicago, Illinois, US

• Responsible for Interest-Rate Derivatives Hedging Desk (Front-Office/Deal Team) ~ $3BN Derivatives Hedging Book
• Reported to the Senior Vice Presidents of Public and Structured Finance; our group of four professionals generated over $15MM in annual revenue for the bank.
• Responsible for all facets of revenue generation via two product types: interest-rate derivatives and municipal bond issuance. Approximately, 80% of our group’s revenue was generated from interest-rate derivative.
• Analyzed client interest-rate risk exposures and proposed a diverse range of derivative-based hedging solutions at different risk tolerance and price levels. Transactions ranged from $1MM - $10MM in size. Clients.
• Performed cash-flow modeling, structuring, pricing, and liaised with Northern Trust relationship managers nationwide to facilitate contract, legal documentation, and transactional execution
• Drafted legal documentation required for the execution of interest-rate derivative transactions: ISDA Schedules and Dodd-Frank trade reporting/central clearing disclosures

Bangalore, Karnataka, IN

• Consultant: Banking and Capital Markets Group (Global Bridge Team)
• Infosys is one of the largest consulting firms in the world, having a presence in over 85 countries and generating over $8BN in annual revenues. Infosys is a leader in business technology outsourcing for the Global.
• Member of the Global Bridge Team, a new vertical for Infosys, consisting of roughly 125 banking and capital market professionals worldwide
• Subject matter expert (SME) on an engagement in Chicago with Allstate Investments, LLC (over $100BN AUM); area of focus was within Allstate's real estate lending (whole loans) and investments portfolio, which exceeded.
• SME on an engagement in New York with Morgan Stanley; focus was within the client’s debt/equity capital markets and investment banking controls, reporting, and Sarbanes-Oxley (SOX) processes and procedures documentation
• Consulted asset management and investment banking clients regarding business processes and respective IT solutions

Oak Brook, IL, US

• Private Placements, Mezzanine and Joint Ventures Team ~ $3.5BN in Levered Assets
• Inland American was the largest non-traded Real Estate Investment Trust (REIT) in North America with over $12BN in AUM. Our REIT raised $8.9BN in equity, the most ever for a non-traded REIT. I was part of a Joint.
• Managed diverse commercial real estate (CRE) investment transactions: mezzanine loans, joint ventures, Acquisition & Construction (A&C) loans, tranches of notes (i.e. A/B/C notes), whole loans, loan participation.
• Performed, analyzed and completed a diverse range of investment performance/valuation methodologies on CRE investments: Book Value, Fair Value, Relative Value, DCF, IRR, NPV, ROI, preferred returns, carried interest.
• Principal analyst overseeing Inland American’s $250MM preferred equity joint venture (JV) investment with Lauth Property Group (then the 13th largest developer in the U.S.
• The JV was a $1.3BN diverse CRE acquisition, construction, and development fund containing 72 CRE assets: raw land, ground-up construction, and stabilized assets.

Hamilton, Bermuda, BM

• Structured Finance (Deal Team) ~ $7BN in AUM
• XL Asset Funding (XL) was 1 of only 5 AAA/Aaa/AAA rated GIC providers in North America. Our platform raised over $8BN in capital from 2002-2008 through the issuance of debt capital market GIC and Funding Agreement.
• Group generated roughly $45MM in annual profit/net income in 2007 with 22 employees generating over $2MM in annual profit per employee
• Performed cash-flow modeling, credit analysis, due diligence, underwriting, structuring, pricing, bidding, and contract negotiation on bespoke GIC opportunities associated to a diverse range of debt security.
• Analyzed and assessed the economics, mechanics, flow-of-funds, use of bond proceeds, and structural risks associated with various debt security issuances/bond-funding structures: asset-backed securities (ABS), auction.
• ~85% of our GIC transactions were derived from the funding of municipal construction projects: airports, bridges, conventions centers, low-income housing, roads, school districts, water projects, etc.

New York, NY, US

• Developed a database of historic Morgan Stanley IPO investment returns, analyzed investment returns, and developed benchmarks for IPO investment return/growth forecasting
• Conducted and gathered research on mid-level market construction firms within the Midwest region for potential acquisition and/or takeover

US

• Oversaw and updated the banks property insurance database: builders risk, general liability, workers compensation
• Indirectly reduced construction risk on lending activity by minimizing insurance delinquencies
• Assisted loan officers and credit analysts with loan origination documentation
• Miscellaneous duties: Printed, copied, scanned, and filed credit and collateral files

Bachelors Of Business Administration With Dual Degrees In, Economics And Finance

High School