Michael Baird joined RBC Capital Markets in 2003 and is a director in the municipal finance division. He specializes in structuring innovative solutions to meet the specific needs of the company’s higher education clients. He has extensive experience financing and refinancing various project-based funding programs, including all types of taxable and tax-exempt fixed- and variable-rate structures. Michael also has developed an expertise in structuring project-specific programs utilizing such techniques as net lease financing and various privatization models. Some of his clients have included the University System of Maryland, the Pennsylvania State System of Higher Education, Cleveland State University, Florida Atlantic University, University of Louisiana System, University of Colorado, and Eastern New Mexico University. Michael has more than 20 years of investment banking experience. He has participated in more than 300 taxable and tax-exempt financings, totaling more than $15 billion in aggregate principal amount. He has an MBA and a BBA in finance from Loyola College in Maryland. He currently holds his Series 7, Series 53, and Series 63 securities licenses.