Isaac Yilma rejoins Hunton's Atlanta office as public finance partner

BY SourceMedia | MUNICIPAL | 10:31 AM EDT By Robert Slavin

Hunton Andrews Kurth LLP has hired Isaac Yilma ? who worked on the firm's public finance team from 2014 to 2021 ?as a public finance partner in its Atlanta office.

Yilma will be bond counsel, disclosure counsel, underwriter's counsel and issuer's counsel for a broad range of financings for local governments, airports, toll roads and surface transportation, water and sewer systems, tax increment/special assessment districts, sports facilities, colleges and universities and multifamily housing facilities.

Yilma will develop Hunton's incentives and economic development capabilities, with an emphasis on data centers, digital infrastructure, business relocation and commercial property assessed clean energy projects.

"It feels like a homecoming," Yilma said. Many of the firm's lawyers are mentors, he added, and the firm offered opportunities in public-private partnerships, economic development and incentives and public finance.

"Isaac is an excellent strategic fit for Hunton and a strong addition to our national public finance team," said Douglass Selby, co-chair of Hunton's public finance practice and Atlanta office managing partner. "He brings a highly regarded economic development and incentives practice, a national reputation in data center incentives and a collaborative approach that will benefit clients across our platform. We are delighted to welcome him back to Hunton."

Yilma joins Hunton from McGuireWoods LLP, where he was a partner.

Yilma earned an undergraduate degree from University of Georgia in 2006 and a law degree from the University of Connecticut School of Law in 2010.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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