Hopkins & Company is often called upon to provide advice and execution capacity on general financial matters. Two of the largest clients for these services are the City of Philadelphia Municipal Pension Fund and the Philadelphia Gas Works.

PGW: In 1995, PGW was in danger of missing its debt service coverage ratio for FY 1995. Hopkins & Company proposed selling the future interest on the utility’s $65 million in reserve funds. The resulting Forward Purchase Agreement produced $20 million in cash that counted as project revenues for FY 1995, thus avoiding technical default.