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Making the deal: Grigsby & Associates

Calvin Grigsby, founder of Grigsby & Associates will be among those honored by Black Enterprise Magazine at Goldman Sachs Headquarters in New York City. Calvin Grigsby, founder of Grigsby & Associates, one of the oldest African-American-owned full service investment firms in the nation, will be among those honored by Black Enterprise Magazine (BE) at Goldman Sachs Headquarters in New York City next week (Oct. 27).


Born in Osceola, Ark., Grigsby lived in Pine Bluff, Hope and Marianna, Ark., before moving to Tucson, Ariz., as a teenager. He is listed in BE’s 75 Most Powerful Blacks on Wall Street, October 2011 issue. Grigsby also earned the number No. 5 ranking for Tax-Exempt Securities in BE 100s –The Nation’s Largest Black Businesses, June 2011 edition.

Grigsby is the first African American to ever have a license in public finance. Before him, there was no such thing as an African American doing municipal bond deals. Throughout the nation, the firm has been lead or sole banker or financial advisor for several states, including California, Texas and Massachusetts, municipalities such as Chicago, Dallas, San Francisco and St. Louis, and varies counties such as Prince George’s County, Md., Dade County (Florida) and Cook County (Illinois).

Known for his innovative finance strategies, Grigsby has seen his share of battles in a mostly all-white, male-dominated industry.

“The one thing you must understand about making REAL change is you are going to get your head beat up,” Grigsby has said. “You got to take a hit to make a change.”

Grigsby holds a B.A. Degree in Economics from the University of Arizona, and a Juris Doctorate from Boalt Hall School of Law (University of California at Berkley).


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