Gardnyr Michael Capital
For over two decades, Gardnyr Michael Capital has worked tirelessly to provide communities with the services they need. An investment firm primarily focused on public finance, GMC provides capital to specialized governments throughout the south. Public financing is absolutely necessary for the construction and maintenance of utilities, transit and public safety systems. And to date, the firm has dealt with over $15 billion in public financings.
Gardnyr Michael Capital started as a two man operation in Winter Park, Florida. The company's founders, Jim Pietkiewicz and Pfilip Hunt, both had extensive experience in the field prior to the firm's creation. Mr. Pietkiewicz was employed as a senior trader and underwriter. And Mr. Hunt worked as a research analyst and investment banker.
Eventually, this experience made itself known through GMC's rapid growth. What started as a two man operation quickly evolved into a formidable firm with over 20 professional staff members. Today, GMC has numerous offices throughout the south, including offices in the states of Louisiana, Alabama, Georgia and Florida. They've also expanded into the north, with other regional offices in New York and New Jersey.
About Public Financing
Public Financing is the term used to describe transactions between firms and governments. Often times, communities urgently need services that are beyond the financial means of the community budget. If a special district government proposes a much needed but costly project, that government turns to public finance firms for capital. Firms like GMC are responsible for issuing funding to projects at a minimal burden to the taxpayer.
What Is A Special District?
The Special District is one of Gardynyr Michael Capital's main areas of expertise. Special Districts are areas that operate independently from county, municipal or township governments. Often times, these districts cross over lines of established borders between towns. Although special districts rarely crossed city or county lines in the past, this trend has gained some momentum.
Typically, Special Districts are established when certain public systems must ignore the boundaries between communities. For instance, because it would not make sense to have separate water distribution systems for individual communities, these systems often fall under special district zones. The same holds true for many other utilities.