Larry Witte, CFA

Experience

• 

  City of Boston

  Jun 1995 - Feb 1998

  Management Analyst

  Served as the first budget analyst for the Boston Public Health Commission. Produced and edited the Mayor’s Management Report on all 50 city departments in Boston. Organized a national public finance conference for state and local budget professionals.

• 

  S&P Global

  Mar 1998 - Sept 2019

  Thought Leadership: Conduct research on U.S. public finance, sovereigns, U.S. corporate, infrastructure and international public finance. Publish widely read default studies on these sectors. Author or significant contributor for more than 180 articles since 2015 in S&P Global’s Fixed Income Research (GFIR) group. Wrote more than 50 articles as a rating analyst prior to joining GFIR. Outreach: Informed investment community of S&P Global’s perspective on ratings and market conditions. Delivered speeches and presentations to investors, investment bankers, and issuers. Moderated and participated in webinars, podcasts, panels, and teleconferences. Organized U.S. Public Finance Housing Conference and S&P Global’s Housing Roundtable. Management: Directed municipal housing group in San Francisco. Supervised and trained a team of five analysts. Managed a full analytical portfolio while monitoring work schedules and rating completion dates. Coordinated nationwide visits to issuers to enhance customer service and cultivate relationships. Analysis: Led single-family housing sector for U.S. municipal housing. Ensured consistency in methodology, ratings, and application of criteria. Monitored legislation and real estate trends for impact on municipal housing bonds. Rated transactions and served on committees.

  • Senior Director

    Mar 2015 - Sept 2019

  • Director

    Apr 2004 - Feb 2015

  • Associate Director

    Apr 2001 - Mar 2004

  • Associate

    Mar 1998 - Mar 2001
• 

  Fitch Ratings

  Sept 2019 - now

  Provide credit ratings on US local governments, primarily in the Western United States. Rate and analyze existing and new ratings of local government, tax-exempt housing, water/sewer, state revolving fund (SRF) and Global Infrastructure Group transactions. Gather and analyze quantitative and qualitative data and legal documents for the purpose of producing ratings. Evaluate innovative credit structures and participate in global criteria development in municipal housing. Participate in affordable housing committees. Publish articles and special reports on tax-exempt housing.

  • Director

    May 2022 - now

  • Analytical Consultant

    Sept 2019 - Apr 2022