Fairmount provides investment advice to its clients at closing on the investment of trustee held funds, including construction funds, capitalized interest funds, debt service funds, debt service reserve funds, escrow funds, and funded depreciation accounts. We also specialize in pre-closing and "one shot" investments such as cash-bond defeasance and open market securities escrow structuring.

We develop for our clients detailed requests for proposals and competitively bid out investment vehicles such as guaranteed investment contracts (GICs), flexible repurchase agreements (Flex Repos), and forward purchase agreements. We typically negotiate the final legal and financial terms of these transactions with the winning bidder.

For tax-exempt financings, there are usually yield restrictions on bond proceed investment earnings. Existing legal bond documents also provide guidance on allowable investments an issuer can utilize. Fairmount provides full documentation review and arbitrage rebate calculation services to its clients.