Founder and Managing Member
Courtney Knight has been a municipal finance professional for more than 30 years. He has rendered financial advice and investment banking services to state and local governments, their agencies and authorities, higher education, K-12 and charter schools and nonprofit organizations across the United States.
Courtney is a widely respected financial advisor and investment banker, having completed hundreds of financings ranging from as small as under $1 million to almost $4 billion. He has created short- and long-term financial solutions for capital and fiscal needs. Courtney provides oversight for transactions, creates strategic plans, supports clients in assembling and managing cross-functional project teams and strategies to ensure transparency for investors.
Courtney has gained a national perspective on public finance by working in numerous regions. He spent 11 years in the west and southwest (including stints in Los Angeles, San Francisco, Dallas, Houston and Phoenix), 12 years in the Midwest (managing offices in Chicago, Kansas City and Columbus, Ohio), the northeast (in both New York and Boston) and for the past 5 years, in Atlanta.
As a generalist, Courtney’s experience spans an array of finance transactions including general obligation bonds and lease-purchase financing for a variety government-owned facilities, K-12 public and charter schools as well as revenue-backed financings for water and sewer projects, state revolving funds, transit, toll roads, airports, ports, parking facilities, industrial development and economic development projects.
Courtney brings a deep well of technical and quantitative experience to Capstone. Courtney began his career in 1982 as a financial analyst and continues to utilize his quantitative and analytical capabilities to develop customized, cost-efficient financing plans that meet the specific needs of his clients in the primary areas of long-term debt management, capital planning and the issuance of both public and private securities offerings. Throughout his career, Courtney has continued to develop financial models and investment strategies designed to optimize capital structures both for individual projects as well as for large, multi-year capital programs.
Courtney has particular interest and expertise in community and economic development finance. The first transaction Courtney completed was for an affordable housing project in 1982. During his ten years in California, he worked on numerous tax increment financings for redevelopment agencies in San Francisco, Oakland, San Jose and Los Angeles. Beginning in 2014, Courtney became an issuer while serving as Managing Director for the City of Atlanta’s development authority, Invest Atlanta. At Invest Atlanta he directed team that implemented capital financing strategies for projects designed to promote economic and community revitalization. His team was also responsible for the administration, finance and management of Atlanta’s 10 tax increment districts which included funding for affordable housing projects as well as the strategic disposition and repurposing of the City’s real estate assets.
Courtney currently serves on the GFOA Standing Committee on Economic Development and Capital Planning, whose mission is “to assist finance officers to become knowledgeable participants in planning, evaluation, and execution of community/economic development and capital issues through the drafting and promotion of policies, procedures, and best practices.” Courtney has also served on the national board of the Council of Development Finance Agencies, a national association dedicated to the advancement of development finance concerns and interests.
Courtney previously served on the Environmental Financial Advisory Board where he and his fellow board members provided advice to the Administrator of the U.S. Environmental Protection Agency and EPA program offices and on ways to lower the cost of and increase investments in environmental and public health.
Courtney believes in making a difference in the communities where he lives and works by enpowering the lives of young people and those less fortunate and by volunteering of his time and personal resources. As such, Courtney is a volunteer for the Big Brothers Big Sisters, Habitat for Humanity, Atlanta Community Food Bank and Next Generation Men & Women.
Courtney graduated from Harvard College with as a Bachelor of Arts degree cum laude in Economics and obtained his MBA from the Stanford Graduate School of Business with concentrations in finance and public sector management. Courtney and his wife reside in Atlanta, are the proud parents of three adult daughters and recently welcomed their first grandchild, Grace Alaina.
Courtney is a registered Municipal Advisor Representative (Series 50) and a Registered Municipal Advisor Principal (Series 54).