Eric Chu is a Managing Director and senior member of the BLX management team. He serves as the Business Group Leader for BLX’s Structured Products Services which includes Derivative Advisory, Derivative Monitoring, and Investment Advisory services. Mr. Chu has over twenty five years of public finance experience, with particular expertise in interest rate derivatives, the investment of tax-exempt bond proceeds, and arbitrage compliance. Mr Chu currently resides in BLX’s Los Angeles office, and prior to that, in BLX’s San Francisco and New York offices, where he was responsible for the day-to-day operations. His expertise in financial products and in structuring arbitrage compliant solutions for complex transactions has helped BLX earn a reputation for technical excellence. In addition to his practice area responsibilities, Mr. Chu is responsible for BLX’s firm-wide technology initiatives.
Mr. Chu has worked on hundreds of interest rate swap transactions in an advisory or on-going monitoring capacity. As an advisor, he has extensive experience in new transaction structuring, existing transaction workouts, ISDA document negotiation, and independent pricing of swap transactions to provide better transparency and execution levels for his clients. On an on-going basis, he assists numerous clients with swap monitoring and compliance with the rules under GASB Statements 53 and 72, and their corresponding FASB accounting rules. He led the development of BLX’s web-based swap monitoring platform, BLX SWAP, which allows clients to access their swap portfolios to monitor key data, as well as BLX’s web-based GIC bidding platform, BLXBid, which allows BLX clients to conduct real time sealed bid auctions for investment related products.
Mr. Chu has been a featured speaker at several industry conferences, including the Bond Buyer’s Annual Conference and in educational seminars hosted by CDIAC. Mr. Chu was also the lead author for BLX’s booklet, Interest Rates Swaps: Application to Tax-Exempt Financing, which was featured in its entirety in The Handbook of Municipal Finance by Sylvan G. Feldstein, and Frank J. Fabozzi.
Mr. Chu received a B.S. Applied Mathematics and B.A. Economics from the University of California Los Angeles. He is a registered Municipal Advisory representative and Investment Advisor representative holding the Series 50 and Series 65 registrations.