Ravi Bhalla, the first Sikh mayor of Hoboken, New Jersey, will join Dundon Advisers LLC as Managing Director to lead the firm’s infrastructure finance business starting January 15.
Ravinder “Ravi” S. Bhalla, who made history as the first Sikh mayor of Hoboken, New Jersey, is set to join Dundon Advisers LLC on January 15 as Managing Director. In this role, he will lead the firm’s infrastructure finance business and will also be associated with its affiliates, Dundon Markets LLC and IslandDundon LLC.
At 52 years old, Bhalla transitions to this new position after completing his second and final term as mayor. He is also beginning his first term as a member of the New Jersey State Assembly, where he will represent Hoboken and parts of Jersey City.
Born and raised in New Jersey, Bhalla has been a prominent figure in local politics. He won the mayoral election in 2017 and was re-elected in 2021 without opposition. Prior to his tenure as mayor, he served for eight years on the Hoboken City Council.
Bhalla’s professional background includes experience as an attorney in private practice. He holds an AB from the University of California at Berkeley, an MSc from the London School of Economics, and a JD from Tulane University Law School.
Matthew Dundon, principal of Dundon, expressed enthusiasm about Bhalla’s appointment, stating, “We are excited to offer our private- and public-sector clients Ravi’s tremendous leadership in bringing critical infrastructure investments from concept to reality.” He emphasized that Bhalla’s experience will enhance the firm’s capabilities in both local and global infrastructure projects.
In his new role, Bhalla aims to leverage his extensive experience in infrastructure investment. He stated on LinkedIn, “I will be serving as a leader in the firm’s Infrastructure Finance business, advising institutional clients on financing strategies and capital solutions for large-scale infrastructure public and private projects.”
Bhalla elaborated on his responsibilities, noting that his role will involve navigating the intersection of capital markets, public finance, and infrastructure delivery. He aims to help organizations bring critical projects from concept to reality through thoughtful project feasibility reviews, analysis, structuring, and the alignment of public-private partnerships.
Throughout his career, Bhalla has focused on the entire lifecycle of infrastructure investment, from prioritization and design to funding strategy and execution. He highlighted a notable achievement during his time as mayor: Hoboken’s leadership in the Rebuild by Design – Hudson River (RBD-HR) initiative. This nationally recognized resilience project integrates engineering, green infrastructure, and community-centered design to protect the region from climate-related risks.
Bhalla emphasized that such efforts rely on strong policy and planning, as well as innovative climate finance approaches. He noted the importance of leveraging federal and state funding, forging partnerships with the private sector, and structuring funding mechanisms to deliver impactful projects at scale.
As Bhalla embarks on this new chapter with Dundon Advisers, he brings a wealth of experience and a commitment to advancing smart infrastructure investment, supported by capital markets and governmental collaboration.
According to The American Bazaar, Bhalla’s leadership is expected to significantly contribute to the firm’s mission of facilitating critical infrastructure projects.