Topic: What We're Watching in 2026

Date: Thursday, February 5, 2026

Times:
• In Person: 11:30 - 1:30 pm ET (lunch and networking prior to program)
• Zoom Meeting Time: 12:30 - 1:30 pm ET

Location:
• New York City Bar Association, 42 West 44th Street, NYC, OR
• Zoom webinar

Times:
• In Person: 11:30 - 1:30 pm ET (lunch and networking prior to program)
• Zoom Meeting Time: 12:30 - 1:30 pm ET

Location:
• New York City Bar Association, 42 West 44th Street, NYC, OR
• Zoom webinar

Details:

What’s next for the municipal market—and where should investors be paying attention? Following a record-setting year for municipal issuance in 2025, our panel of credit experts look ahead to what’s coming: the outlook for supply and infrastructure financing, evolving federal policy and regulatory priorities, interest-rate and macroeconomic uncertainty, and the growing influence of AI and digital market infrastructure. Panelists will connect the dots across credit fundamentals, policy shifts, and market structure to separate real risks from emerging opportunities. Join us for lunch and leave with a clear-eyed view of where stress may be building, where value could emerge, and how the muni market is positioning itself for the year ahead. 

Speakers: 

Sandy Brinkert is a Senior Vice President in Municipal Banking and Markets at Bank of America. She leads the credit and rating strategies team, providing guidance to issuers about working with rating agencies and analysts on the buyside.  She also works with the lending side of Bank of America on complex credits and is part of the investment banking team in BofA’s P3 practice.  Prior to BofA, Sandy was head of municipal underwriting at ACA.  She holds an MBA in Finance from the University of Chicago and a B.A. in Economics from Northwestern University.  She is a CFA charter holder and a past president of MAGNY.

Frances Lewis is a Senior Managing Director and Director of Research for MacKay Municipal Managers at MacKay Shields, where she heads credit research efforts of the firm’s Princeton and Los Angeles teams. She is also a senior credit analyst for the MacKay Municipal Managers’ portfolios, focusing on general obligation, infrastructure, transportation and high yield P3 projects. Frances was formerly Director of Research for Mariner Municipal Managers. She holds an MBA in Finance from Boston University and a B.S. in Economics from the University of Michigan.

Atsi Sheth is Chief Credit Officer and Head of Credit Strategy & Standards at Moody’s Ratings. She has held several leadership roles at Moody’s, including Managing Director, Global Head of Credit Strategy and Research, Managing Director, Chief Credit Officer for the Americas, and Managing Director, Sovereign Risk Group. A champion of community impact and social investment initiatives, Atsi serves as President of the Moody’s Foundation. She was formerly Chief Economist at Reliance Capital and has taught International Political Economy and Emerging Markets at Columbia University and Northwestern University. She has a PhD from Northwestern University and a B.A. from Bombay University.

Linda Vanderperre (Moderator) is a Managing Director in KBRA’s Public Finance group, where she leads the analytical coverage teams for a broad portfolio of local government credits in the transit, toll road, public utility, and tax-backed sectors. Prior to joining KBRA in 2019, Linda was a Managing Director at Ramirez & Co. Over her 35-year public finance investment banking career, she developed and implemented customized financing and refunding strategies for many of the nation’s largest and most active municipal issuers.

Cost:

MAGNY and other NFMA Members
:
$55 Zoom

$90 In-Person



Non-Members
:
$80 Zoom

$120 In-Person

Registration: Click HERE to register.

Questions? Contact [email protected].