In the News: Recent Developments

Client Testimonials

  • “..we would have not had this result, though, without the tireless efforts of our financial consultants, Saber Partners and Joe Fichera in particular, and our outside counsel, Dean Criddle of Orrick Herrington.”

    Andrew L. Maurey

    Director of Finance & Accounting, Florida Public Service Commission
    Quoted from Transcript of Florida Public Service Commission Public MeetingJune 16, 2016

  • “But the OPC saved its best thanks for the Commission’s advisor, Saber Partners and especially Joe Fichera, … who brought impressive expertise, experience, and discipline to the transaction and, without question, were instrumental in saving many millions of dollars for the customers in current and future costs through their dogged and expert advocacy to achieve the optimum lowest cost for customers at the outset.”

    Charles Rehwinkel

    Deputy Public Counsel, State of Florida
    Quoted from Transcript of Florida Public Service Commission Public MeetingJune 16, 2016

  • “Saber Partners has served the Commission effectively as an advocate of the Commission’s interests and in protecting ratepayer interests in connection with all five prior series of transition bonds issued … and in ensuring that the structuring and pricing of each of those series of transition bonds achieved the lowest transition bond charges consistent with market conditions and the applicable financing orders”

    Lane Langford

    Executive Director, Public Utility Commission of Texas, 2006
    Excerpt from Saber Partners’ contract with the Public Utility Commission of TexasJune 1, 2006

  • “Mr. Fichera is right. At this intersection of two huge and extremely opaque arenas – the municipal debt market and derivatives trading – sunlight is sorely needed”

    Pulitzer prize winning journalist, Gretchen Morgenson

    The New York TimesMarch 5, 2010

  • “Saber’s work was timely, thorough, on point and indeed crucial… I especially appreciated the fact that you and your team were always available… and always right there with thoughtful and incisive analysis, responses and comments.”

    Mark J. Bennett

    Attorney General, State of Hawaii
    Letter of Reference 2010

  • “Saber’s track record …impressed us and was solid evidence that Saber’s activist approach is effective in protecting ratepayer interests.”

    Richard Hitt

    General Counsel, West Virginia Public Service Commission
    Quoted in BusinessWire, February 8, 2006

  • “Tennenbaum is a rare breed on the buy side: a true expert on the industries he follows… Equally impressive to his counterparts on Wall Street is his extraordinary ability to retain the information he gathers.”

    Institutional Investor Magazine

    "Best of the Buy-Side"

  • “I unequivocally recommend Mr. Fichera and Saber Partners to any issuer interested in truly independent, sophisticated analysis and advice concerning the capital markets. Their personnel and services are unique and set them apart from other advisers I have seen.”

    David D. Brown IV

    Executive Director, Dormitory Authority of the State of New York
    Letter of Recommendation 2010

  • “Joe doesn’t accept the idea that because we’ve done something this way in the past, we’ve got to continue doing it that way… He’s constantly pushing and prodding to do things better.”

    Robert Reger

    Partner, Morgan, Lewis & Bockius LLP
    Quoted in Bloomberg NewsMay 30, 2008

  • “His attention to detail and state-of-the-art skills have helped us in many ways over the years”

    Brian Maher

    Assistant Treasurer, ExxonMobil Corporation
    Quoted in The Bond BuyerNovember 9, 2000

  • “…One of the most well-connected energy advisors on Wall Street…”

    Steve Maviglio

    Office of the Governor, California
    Quoted in The San Francisco ChronicleJanuary 4, 2002

  • “Saber Partners has the technical expertise, depth of experience, integrity and freedom from potential conflicts of interest that the Commission needs to oversee these financings…”

    Richard Hitt

    General Counsel of the West Virginia, Pubic Service Commission
    BusinesswireFebruary 11, 2006

  • “Saber has a proven track record of successful innovation in structuring and marketing variable rate securities.”

    Gary Breaux

    Director of Finance, East Bay Municipal Utility District
    Quoted in Bloomberg NewsDecember 11, 2008

  • “There is a culture of inertia in the municipal market, where borrowers rely on long-standing relationships with bankers and turn to them for guidance and expertise…Fichera is a beacon of light in trying to add transparency.”

    Mitchell Moss

    Professor of Urban Policy and planning, New York University
    Quoted in Bloomberg NewsMay 30, 2008