The Association for Governmental Leasing & Finance (AGLF) will honor Bob Neptune, a director with The Alta Group, with the 2014 Jay Terry Lifetime Achievement Award to be presented Nov. 6 at its annual conference in Tucson, AZ. The award recognizes individuals who have made a lasting impact in the equipment financing sector.

Neptune is among six other executives to receive the award during the association’s history for “contributions that are above and beyond the everyday and have had a long, lasting impact on the association and the industry.”

Neptune, the lead consultant on government finance for Alta’s global consultancy, has devoted more than 30 years of his 42-year career to the industry. He is considered a pioneer in capital formation and alternative funding for municipal leasing with the development and sale of the first AAA-rated insured municipal lease securitization.

He founded and served as CEO for six government finance businesses for some of the industry’s leading financial services firms. Four of these businesses also entered federal leasing markets.

Joe O’Brien, chairman of the AGLF, who called Bob a valued colleague and friend, personally thanked him and said, “His dedication and innovative approach embodies the cornerstone of our industry.”