Capital One Public Funding hires pair to originate muni transactions

Capital One Public Funding LLC has hired Mark Killingsworth and Mark Brown as senior vice presidents in the municipal finance arm of its commercial bank.

In their new roles, Killingsworth and Brown will be responsible for originating municipal transactions for Capital One’s direct lending portfolio. The two muni veterans will help Capital One build its portfolio while continuing its specialized focus on state and local government transactions. They are based in Little Rock, Arkansas.

Both Killingsworth and Brown join the firm from Crew & Associates Inc. in Little Rock.

“We are excited to expand our senior leadership bench with these two strategic hires who will allow us to continue our specialized focus on state and local government transactions,” said Jonathan Lewis, president of COPF.

“Mark and Mark are experienced originators with deep relationships throughout the industry. Their access to additional pathways for new business is a perfect complement to our existing strategy. We’re thrilled to have them join the team,” he said.

The firm’s public finance team is comprised of professionals who have specialized knowledge of the industry, with experience in financing solutions for government entities that is focused on asset origination, both directly with issuers and through intermediaries.

At Crews, Killingsworth was involved with the origination and syndication of financial transactions nationally, from business development to credit underwriting and investor distribution. 

“COPF is a known leader in the universe of municipal transactions,” Killingsworth said. “I’m excited to join this dedicated team as they continue to execute their strategic objectives for this business.”

Brown had a 25-year career as an investment banker at Crews, where he focused on sourcing municipal leases and private placement transactions and developing funding partner relationships with energy, transportation and equipment companies that contract with state and local governments.

“COPF is an established group and I’m pleased to join the team,” Brown said. “I look forward to hitting the ground running and helping the team continue to grow the portfolio.”

Capital One Public Funding is a subsidiary of Capital One, N.A. It focuses on the direct lending segment of the public finance market. Since it was formed in 2004, its portfolio has grown to more than $7 billion, including transactions to state and local governmental borrowers across the United States.