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ACA Financial Guaranty provides financial guaranty insurance for municipal and other public finance bonds. Previously, the company also provided asset management services for collateralized debt obligations (CDOs) built by pooling fixed-income assets, including bonds, loans, and credit swaps; investors in the company's CDOs included banks, money managers, hedge funds, and insurance companies. Pressures brought on by troubles in the US subprime mortgage market forced the company to reorganize and place its municipal bond guaranty business into run-off.
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ACA Financial Guaranty Corporation
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Reports
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Address: |
140 Broadway, 47th Fl. New York, NY 10005
| | Phone: | 212-375-2000 | | Fax: | 212-375-2100 |
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Highlights | | Fiscal Year End: | December |
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Key People
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Chairman:
Willis T. King Jr.
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CEO and Director:
Raymond J. Brooks
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Treasurer and CFO:
Philip Sam Sherman
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