Barry Fick

Title: 
Executive Director
Organization: 
Minnesota Higher Education Facilities Authority
Bio: 

PROFILE & RECENT ACCOMPLISHMENTS

  • Currently leads the State Agency in Minnesota that is charged with responsibility for financing all private Higher Education financing in Minnesota
  • Oversaw digitization of all files, transcripts and other documentation accumulated over 40+ years by the Minnesota Higher Education Facilities
  • Financial advisor on over 400 bond issues with a par value of over $6.0 billion.
  • Enhanced client service efforts of the Minnesota Higher Education Facilities Authority to add value to Authority services
  • Liaison with investors, Rating Agencies, Trustees, Internal Revenue Service and others for private institutions of higher education in Minnesota
  • Educating & informing industry on effects of proposed legislation, regulations and court cases
  • Progressive, forward looking leader working to insure the long-term financial success of Minnesota Private Colleges and Universities and ensuring the Minnesota Higher Education Facilities Authority is a strong partner for the future.

EDUCATION / PROFESSIONAL CERTIFICATION

Mitchell | Hamline School of Law                   Juris Doctorate                        May 1980

University of Minnesota                                  B.S. – Economics                   June 1977

Certified Public Accountant                            CPA Certificate                       June 1982

EXPERIENCE

MINNESOTA HIGHER EDUCATION FACILITIES AUTHORITY

Executive Director      July 2016 – Present

The Minnesota Higher Education Facilities Authority (“MHEFA”) a Minnesota State Agency which finances capital projects for Minnesota private higher education institutions. The MHEFA has approximately $990 million of conduit debt outstanding. Since its founding in 1971, MHEFA has served as conduit issuer for nearly 300 bond issues for $3 billion of conduit financings.

CITY OF LAKEVILLE, MINNESOTA

City Council Finance Advisory Committee

Member                        April 2018 – Present

Chairperson                  April 2019 - Present

NATIONAL ASSOCIATION OF HEALTH & EDUCATION FACILITIES AUTHORITIES (NAHEFFA)

Board member              October 2017 – Present

SPRINGSTED (Baker Tilly Municipal Advisors LLC)

Senior Vice President    February 2000 – July 2016

Other Executive posts   January 1989 – Jan. 2000

Baker Tilly/Springsted is a full-service financial and management advisory firm, serving the public and not-for-profit sector.  I led the Higher Education, Student Loan, Healthcare and Not-For-Profit groups. I provided clients with debt financing, refinancing & restructuring, investments, construction management, strategic planning, as well as policy development and implementation.