Troy Villafarra, CFA
A Chartered Financial Analyst who accumulated nearly twenty years’ experience in the banking industry before co-founding Crescent Growth Capital in 2008, Troy Villafarra is Crescent’s principal in-house financial modeler. Once Crescent formalizes its relationship with a client, Mr. Villafarra works assiduously to specify and refine the structure of the proposed tax credit financing, issuing models on an iterative basis, deftly navigating the inevitable obstacles and steering the transaction to financial closing.
Prior to co-founding Crescent Growth Capital, Troy Villafarra worked for eighteen years in various analytical, commercial banking and investment banking capacities for Hibernia National Bank, in the Corporate Lending, Corporate Investment Banking and Public Finance departments. Mr. Villafarra structured and executed numerous complex financial transactions for a wide array of corporate, municipal and non-profit customers and developed significant experience in tax credit financing.
At the time of Hibernia’s acquisition by Capital One, N.A., Mr. Villafarra was Managing Director at Hibernia Southcoast Capital and was responsible for Fixed Income Investment Banking and Public Finance. Following the merger, Mr. Villafarra was part of the Debt Capital Markets team at Capital One that originated the bank’s New Markets Tax Credit product. As a key member of the Debt Capital Markets unit, Mr. Villafarra was responsible for closing over $490 million in tax exempt bond transactions, including $118 million in bond securitizations, and $380 million in NMTC investments between December 2005 and August 2008. Mr. Villafarra also served as an officer of both Capital One Community Renewal Fund, LLC, a Community Development Entity which received $160 million in NMTC allocations from the CDFI Fund of the U.S. Treasury, and of Capital One Public Funding, LLC, which managed a $1 billion portfolio of tax-exempt bonds. In August 2008, Mr. Villafarra left Capital One, N.A. to co-found Crescent Growth Capital. Mr. Villafarra is a member of the Chartered Financial Analyst (CFA) Institute, as well as the Financial Analysts of New Orleans (FANO) professional organization. He received his B.S. in Finance from the University of New Orleans in 1988, and in September 2000 he was awarded the CFA.