Montague DeRose and Associates, LLC

Professional Staff

Douglas Montague, Principal

Los Angeles Area

Mr. Montague established Montague DeRose and Associates in 1995 after 11 years of municipal finance experience providing financial advisory and underwriting services to clients in California, Utah, Nevada, Washington and Arizona. He began his municipal finance career with Lehman Brothers in its New York headquarters in 1984. Over the next nine years he completed, as financial advisor or underwriter, more than $22 billion short term and long-term financings.

While at Lehman Brothers Mr. Montague also worked in San Francisco and Los Angeles and opened the firm's Newport Beach office. During this period, he was responsible for the introduction of many of the industry's municipal product innovations in the Western states. Mr. Montague joined CS First Boston in 1993 to manage the firm's Los Angeles public finance office and continued coverage of state and county level issuers. He has completed a variety of different types of financings including fixed and variable rate, sales tax supported, revenue bonds secured from a variety of revenue sources, general obligation bonds, certificates of participation, lease revenue bonds, pension obligation bonds, Mello-Roos bonds, single issuer and joint powers authority structures. He has managed Montague DeRose and Associates' assignments as the financial advisor on the State of California's $11.3 billion Power Supply Revenue Bonds sold in 2002 and the State's $11 billion Economic Recovery Bonds sold in May and June 2004.

Mr. Montague received a Bachelor of Arts degree in Business Management from the University of Utah and a Master of Business Administration degree in Finance from the Wharton School of the University of Pennsylvania.