KeyBanc Capital Markets has hired veteran municipal banker and project finance specialist Nathan Flynn to bolster its Midwestern presence, the firm announced this week.
Flynn recently joined the Cleveland-based firm’s Indianapolis office as a managing director. He will cover Indiana, Midwest governments and non-profit entities, and will work on project finance opportunities nationally. Flynn will report to Jeffrey Rink, regional manager of the firm’s public finance group.
“As we continue to expand our public finance team, we are excited to add Nathan’s experience, expertise and relationships to our nationwide platform along with increased focus and emphasis in the local Indiana market working together with Kelly McNairy,” Rink said.
Flynn most recently worked at the advisory firm Crowe LLP. He joined the firm in 2017 and was a senior manager leading the firm’s financial structuring and pricing services practices.
Flynn previously spent two years at Fifth Third Securities as a managing director and before that worked for 11 years in the public finance group at Chicago-based William Blair & Co. At both, he covered governmental and non-profit entities throughout the country with a focus on high-level structuring engagements, including project finance transactions and public-private partnerships.
Flynn began his public finance career in 1998 as an associate at JPMorgan.
Flynn joins a team that now includes 49 in the public finance group housed in 12 of the firm’s offices.
“We are always looking to add bankers in our core areas of focus,” said Derek Chauvette, group head of the public finance group.
KeyBanc is the investment banking arm of KeyCorp. The firm ranks 14th so far this year among senior managers in the Midwest leading 26 deals valued at $441.3 million and was ranked 17th last year leading 46 deals valued at $1.02 billion, according to Refinitiv.
Nationally, the firm ranks 22nd so far this year leading 49 deals valued at $1.02 billion and was ranked 22nd last year with 88 deals valued at $2.72 billion.