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DALLAS – April 1, 2019 – Preston Hollow Capital (PHC), an independent specialty municipal finance company based in Dallas, announced today the hiring of two senior professionals in its Originations and Tax groups.  The addition of Frederick Putnam (Executive Director – Financing) and Kelly Steinhebel (Tax Director) will complement PHC’s current team and expand the firm’s financing capabilities.

“PHC has been successful in identifying and hiring top talent.  We’ve maintained that trajectory with the addition of Frederick and Kelly, “ said Jim Thompson, Chairman and CEO of Preston Hollow Capital.  “We’re confident they will add value both in the near term and as the firm continues to grow.”

Kelly Steinhebel joins PHC as Tax Director, with responsibility for managing the firm’s tax policies and objectives.  Ms. Steinhebel brings over 12 years of experience focused on tax compliance and planning for hedge fund and private equity fund clients.  Before joining PHC, Ms. Steinhebel was a senior manager with Deloitte Tax LLP where she led and managed compliance and planning for her investment management clients.  In addition, while at Deloitte, she worked with the investment management tax leadership on tax reform issues and regularly taught national training in investment management. 

Ms. Steinhebel received her BBA, Accounting and MPA from The University of Texas at Austin. 

Frederick Putnam, Executive Director – Financing, joins PHC’s Originations team from Morgan Stanley’s Public Finance group in New York, where he was also an Executive Director.  Mr. Putnam will focus on the development of debt capital strategies for the firm.  He has over 11 years of experience in public finance, including roles with UBS and J.P. Morgan Securities prior to his role with Morgan Stanley.

Mr. Putnam graduated from the University of Florida with a BA in Economics and was recognized as a Florida Academic Merit Scholar.

About Preston Hollow Capital

Preston Hollow Capital ( is the leading solution provider in municipal finance. Headquartered in Dallas, Preston Hollow Capital (PHC) is an independent municipal finance company with over $1.3 billion in permanent equity capital and over $2.6 billion in investment capacity from a diverse investor base comprised of founding management, institutional investors including funds managed by Stone Point Capital LLC and HarbourVest Partners, and several prominent family offices. Since being founded by Chairman & CEO Jim Thompson in 2014, PHC has closed nearly $2 billion in transactions across a variety of sectors of the municipal bond market including real estate, senior living, K-12 and higher education, healthcare, infrastructure, general government and economic development. PHC differentiates itself with its ability to deliver capital with speed, certainty and flexibility.

For information, contact:

Max Pickle, Preston Hollow Capital


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