- Details
- By Tribal Business News Staff
- Finance
Tallsalt Advisors has formed a majority Native-owned joint venture with Derivative Logic to provide independent interest rate hedging advisory services for tribal governments, tribal enterprises, nonprofits and institutions, the firms announced.
The new firm, Tallsalt Derivative Advisors, will advise tribal borrowers on evaluating, structuring and negotiating interest rate hedging strategies associated with bank financings, including interest rate swaps and related instruments. The services are intended to support tribes as they finance large projects and manage exposure to changing interest rates.
Scottsdale, Ariz.-based Tallsalt Advisors said the joint venture will operate independently of lenders and counterparties, focusing on transparency, education and conflict-free advice. Interest rate hedging is often introduced during loan negotiations, where contract terms and pricing can materially affect long-term costs for tribal borrowers.
Tallsalt Advisors advises tribes on project finance, mergers and acquisitions and other complex transactions; its registered investment advisory services are provided through Mette Associates LLC, a 100% Native American-owned firm.
Derivative Logic is an independent interest rate risk management advisory firm that advises borrowers and institutions on structuring and executing hedging strategies across multiple counterparties.
Steve Gundersen (Navajo), president of Tallsalt Advisors, said in a statement that the partnership is intended to ensure tribal leaders and financial managers have access to independent, client-first advice when managing interest rate risk.
