Tribal Financial Advisors (‘TFA’) announces the company is renamed TFA Capital Partners (‘TFA Capital’), effective immediately. The new name reflects the evolution of the company, as well as its vision for the future. Since its inception in 2009, the firm has become a recognized leader in serving the financing needs of Native American Indian Tribes nationwide. To date, the company has helped Tribes raise over $3.5 billion of capital, as well as delivering more than $300 million of savings in interest payments and other costs, for its clients.

TFA Capital is building on its successful track record, adding resources, and expanding its services to include a complete range of investment banking services. Complementing its expertise in capital raising and strategic advisory, TFA Capital’s clients will now have access to independent buy and sell-side M&A advisory, restructuring advisory and operational consulting expertise. Additionally, it will provide investment banking expertise in the commercial gaming and leisure sector.

Alongside the rebranding, gaming industry investment banking veteran, William Newby, has joined TFA Capital Partners as its president. Newby has advised and led the financing for many of the gaming industry's most notable transactions, including Harrah's Entertainments' acquisition of Caesars Entertainment, MGM's acquisition of Mirage Resorts and Mandalay Resort Group, TPG/Apollo’s acquisition of Harrah's Entertainment and the creation of Wynn Resorts Limited. Kristi Jackson, TFA’s co-founder, vice-chair and CEO, has become chairman of TFA Capital and will continue to lead the group’s efforts in the tribal finance area. David Howard, who has been with TFA since its inception, will serve as the company’s CEO.

TFA Capital’s chairman, Kristi Jackson, commented: “TFA Capital’s expanded capabilities are a direct reflection of what we’ve heard from our tribal clients about the need for additional support and expertise, as they explore alternate means of creating value for their communities.”

TFA Capital’s CEO, David Howard, added: “As the tribal community increasingly looks to build a diversified portfolio of businesses, including financing new revenue opportunities and M&A activity, both on and off-reservation, we know many of these will now be in the commercial gaming space. We look forward to delivering the same high level of quality advice, creativity and pragmatism our clients have come to expect when they partner with us, now across a broader range of services. We are also excited to have a banker of Bill’s caliber join TFA Capital’s leadership team.”

Newby served as gaming and leisure industry group head at Bank of America Securities, where he was responsible for setting up and building its gaming banking franchise into an industry-leading team. He has also held similar roles at UBS, and Jefferies Group, and is a former member of the American Gaming Association’s board of directors.

On joining TFA Capital, Newby said: "I am excited to be joining TFA Capital, whose team I have known and respected since we first worked together at Banc of America. I believe they are the best of any gaming investment banking group anywhere. I look forward to bringing my insights from the world of commercial and corporate gaming to TFA Capital’s tribal clients, and to be able to leverage TFA Capital’s unique insights and expertise with my relationships in the commercial and corporate gaming arena."