The Bond Buyer • September 26, 2013
LOS ANGELES — California Gov. Jerry Brown announced Sept. 24 that he has appointed Peter Luchetti to the California Infrastructure and Economic Development Bank’s board of directors.
Governed by a five-member board, the I-Bank became part of the governors Office of Business and Economic Development on July 3 as part of a governmental restructuring process spearheaded by Brown.
It was created in 1994 to finance public infrastructure and private development in California and has the authority to issue tax-exempt and taxable revenue bonds, make loans, provide credit enhancements and leverage state and federal funds.
Luchetti, 57, of Sausalito, is a founder and managing partner at Table Rock Capital, where he has worked since 2003. His experience includes advisory and capital-raising roles covering a wide range of transactions in the transportation, social infrastructure, water and waste, energy, and communications sectors.
Recently, Luchetti led Table Rock in structuring, financing, negotiating and closing the 30-year public-private Rialto Water & Wastewater concession.
He previously held multiple positions at Bank of America Securities Inc. from 1992 to 2002, including global head of project and structured finance, U.S. head of communications and utilities and U.S. head of corporate finance.
From 1984 to 1992, Luchetti held several positions at Bank of America National Trust and Savings Association, including head trader of distressed loan trading and global head of derivatives. Prior to that, he was a trader at J. Aron and Company of Goldman Sachs for five years.
Luchetti is a member of the Bay Area Council Economic Institute Board of Directors. He earned a masters degree in economics and mathematics from Duke University.
This position does not require Senate confirmation and the compensation is $100 per diem