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Preston Hollow Capital Adds to Originations and Asset Management Teams

November 26, 2019, 07:15 AM

Preston Hollow Capital, an independent specialty municipal finance company based in Dallas, TX, announced the hiring of three senior professionals in its Originations and Asset Management groups.

Associate Director Ryan Chiriboga joins a growing originations team, while Patrick Allen (Senior Asset Manager) and Michelle Harris (Asset Manager) will complement the surveillance and asset management functions of the firm.

“Continually adding strength in these roles is critical to our success,” said Jim Thompson, Chairman and CEO of Preston Hollow Capital. “We’re confident that the additions of Ryan, Patrick and Michelle will add value as the firm continues to grow.”

Chiriboga joins Preston Hollow Capital as an Associate Director focused on the firm’s asset origination activities. His primary responsibilities include the evaluation and structuring of the firm’s investments. He brings over 13 years of municipal finance experience to the company, having structured capital markets transactions for a variety of municipal credit types nationally. He received a B.S. in economics from Pennsylvania State University.

Allen joins Preston Hollow Capital as a Senior Asset Manager, with a focus on the management and oversight of the company’s portfolio. Prior to joining the team, he was a Vice President – Asset Management with Deutsche Bank in Dallas. He brings more than 19 years of commercial real estate credit and asset management experience to the firm.

Allen received a bachelor of business administration – finance from the University of Georgia and a master of business administration from SMU’s Cox School of Business.

Harris, Asset Manager, comes to Preston Hollow Capital with over 13 years’ experience in municipal real estate bonds, low income housing tax credits and on-book lending. She joins PHC from Deutsche Bank, with previous tenures at GE Capital Real Estate and GEMSA Loan Services.

She received a bachelor of business administration in real estate finance from Texas Tech University.

Preston Hollow Capital is an independent municipal finance company with over $1.4 billion in permanent equity capital and over $2.8 billion in investment capacity.

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