The Capital Markets and Capital Planning teams work together to ensure that the university’s capital projects and other initiatives have the necessary funding for execution. The Capital Markets team responsibilities include debt portfolio and credit line management, investor relations, rating agency relationships, working capital investment, liquidity, and the central bank internal loan program. The Capital Planning team has responsibility over Capital Council coordination, capital project budgeting for the full university enterprise including the extension campuses and Michigan Medicine, green bond reporting, pro forma modeling, and State Building Authority coordination.