News Archives | Saybrook Fund Advisors

Posted at 23 Nov, 11:00h in News

“Saybrook emerged as the winning bidder in a Nov. 5 bankruptcy auction for the portfolio, which includes buildings in Bronzeville, Woodlawn, Chatham and Greater Grand Crossing . . . “The problems can be fixed more easily, and we have the capital to deploy to fix them,” said Jon Schotz, co-managing partner at Saybrook.”

— Crain’s Chicago Business, November 23, 2020

Posted at 30 Sep, 22:49h in News

“What happens in the muni world is when fund flows come in, it burns a hole in people’s pockets,” Jon Schotz, co-managing partner of Saybrook Fund Advisors, a firm that invests in distressed debt. “They will invest that money with little regard for credit risk.”

— Jon Schotz, Bloomberg, August 28, 2020

02 Jul Webinar – Municipal Market Conditions

Posted at 19:21h in News

Posted at 09 Oct, 18:36h in News

Pension and health-care related costs are growing so fast that POBs are one of several difficult options to cover these costs,” said Jon Schotz, managing partner at Saybrook Fund Advisors. “But I don’t know why issuers would do POBs, if you look over time, they haven’t worked. It’s very rare that municipalities can invest pension assets and see a return at a rate higher than their borrowing costs without taking on more risk.

— Jon Schotz, Debtwire, October 9, 2019

Posted at 28 Sep, 03:15h in News

The new debt was sold with a 10% interest rate that will increase if WAPA can't refinance within three years

— Jeff Wilson, Wall Street Journal, August 11, 2017

Posted at 22 Jul, 14:10h in Business, News

Saybrook… has taken major steps to show its willingness to be a community partner by finishing some of the projects left behind, and will continue to do so.

— Manteca Bulletin, July 21, 2017

Posted at 01 Jun, 13:48h in Bloomberg, News

You should know on the front end that laws can change, and that includes bailout packages as well.

— Jon Schotz, Bloomberg, May 30, 2017