Sunday Sessions III | April 23 | 2:10 PM – 3:00 PM

Sunday Session 3A: Strategy Update on Asset / Liability Impacts and Short Term Liquidity Management in an Uncertain Rate Environment

Description 

Rising interest rates and costs have caused institutions to reevaluate their financing parameters, goals, and objectives as new strategic plans are implemented. We will highlight recent trends and ways to access current capital markets. In addition, we will discuss how to benefit from the increase in rates through sound liquidity management while limiting counterparty exposure.

Learning Objectives

Speakers 

John Lynch, Education Industry Consultant, Truist

John brings over 27 years of banking and finance experience to his role as head of Truist’s Education Industry Consulting practice. John partners with teammates to provide tailored solutions to organizations operating in this critical and dynamic industry. John’s efforts focus on delivering commercial and capital markets banking solutions to the public and private higher education sector and the K-12 independent school sector across the Truist coverage markets. Prior to joining the Industry Consulting Team, John held a variety of positions with increasing responsibility and leadership including roles in Equipment Finance, Specialized Industries and Business Banking.

Within these roles, John focused on pricing & structuring, debt originations, debt syndications, equipment finance, and relationship management; he also led a team of credit officers in three states within the commercial bank. Prior to his banking career, John spent 6 years in Public Accounting primarily with KPMG. John earned a Bachelor of Arts Accounting and International Business from Lenoir-Rhyne University, has held Series 7 and Series 63 Licenses, and a CPA License in the state of North Carolina (currently inactive). He is a former board member of the WakeMed Hospital Foundation, Wake Prep Academy, Junior Achievement, and the United Arts Foundation in Raleigh, NC.

Justin Baumgardner, Public Finance Director, Truist Securities

Justin joined Truist in June 2022 and leads the Public Finance Team’s higher education coverage. Justin has worked in public finance for over 11 years and has specialized in the higher education and nonprofit sector.  He has experience working on over 120 higher education transactions totaling more than $11 billion in par. He has worked with higher education institutions implementing various bond structures, inaugural credit rating presentations, and accessing the capital markets. Justin began his public finance career at a Municipal Advisory firm in Florida where he was involved in the closing of 29 public offerings and 47 private placements totaling over $2 billion in par. Justin graduated from Auburn University with a B.S.B.A. in Finance and a minor in Economics.

Tony Delucia, Senior Client Strategist, Sterling Capital Management

Tony is Managing Director for Sterling Capital Management LLC, an independently operated subsidiary of Truist Financial Corporation. He is a Senior Client Strategist and oversees OCIO Strategy for the firm. Tony is part of the team responsible for new business development and client service. Since being named to this position in 2010, DeLucia has work with a long list of institutional clients to craft and implement comprehensive institutional investment solutions. Prior to his role on the institutional team, he ran intermediary marketing and distribution for Sterling capital from 2003-2010. With more than 26 years investment experience, he previously held business development and management positions at BISYS Fund Service, McDonald Investments, and Smith Barney (now Morgan Stanley). DeLucia earned a Bachelor of Science from the University of Massachusetts at Amherst. When he isn't working, Tony enjoys traveling, paddle surfing, skiing, mountain biking, reading and coaching lacrosse.

Sunday Session 3B: Financial Strategies for Prevailing in Today's Changing Higher Education Environment

Description 

A recent Syntellis survey of more than 100 U.S. higher education professionals revealed widespread optimism about the financial stability of institutions over the next 10 years despite a confluence of financial and operational challenges. In this session, we’ll review topline findings from this 2023 CFO Outlook for Higher Education survey, including the issues that are top of mind with financial leaders, as well as share how many colleges and universities are rethinking processes and implementing best practices to help ensure a positive financial outlook in the years ahead.

Learning Objectives

Speakers 

Justin Martin, Syntellis Performance Solutions, Sr. Director, Product Management, Higher Education

As Senior Director, Product Management, Justin Martin leads product development and strategy for Syntellis’ Higher Education division. He has worked with Syntellis for more than six years, serving as the Industry Practice Lead for Higher Education and as Director, Strategic Programs. Prior to joining Syntellis, Justin worked in various budgeting and capital planning roles at Boston University for more than four years.