Michael Baird

Managing Director, RBC Capital Markets

Biography

Mr. Baird is a Managing Director and the Co-Head of the Higher Education Finance Group in the Municipal Markets Division of RBC Capital Markets. He joined the firm in 2003, when he opened our Baltimore investment banking office and started our Privatized Higher Education practice. He specializes in structuring innovative solutions to meet the specific needs of our higher education clients and has extensive experience financing and refinancing various project based funding programs, including all types of taxable and tax-exempt, fixed and variable rate structures. He has also developed an expertise in structuring project specific programs through public-private partnerships and various other privatization models. Some of his clients have included the Texas A&M University System, Louisiana State University, the University of Oklahoma, the University of California, Irvine, Southern Oregon University, the City University of New York, Florida Atlantic University, Illinois State University, Northern Illinois University, the University System of Maryland, the Pennsylvania State System of Higher Education, the University of Colorado, the University of Louisville, Virginia State University, and Howard University.

Mr. Baird has approximately 30 years of investment banking experience, including over 25 years as a Public Finance Banker. He has participated in hundreds of taxable and tax-exempt financings, totaling over $15 billion in aggregate principal amount. Prior to joining RBC Capital Markets, Mr. Baird was a member of the  Public Finance Groups of Legg Mason Wood Walker, William R. Hough & Co. and Alex. Brown & Sons. He has an MBA and a BBA in Finance from Loyola University Maryland. He is a Municipal Bond Principal and has his Series 7, 50, 53 and 63 registrations.