WASHINGTON -- Margaret C. Henry, a former House Ways and Means Committee staff member and Treasury official, is leaving municipal bond law for investment banking.

Ms. Henry said yesterday she plans to leave the law firm of Arter Hadden Haynes & Miller in January to become a principal at the Hamilton Group, a real estate investment banking firm that was established here by C. Austin Fitts in January.

The Hamilton Group specializes in private placements and financial advisory work for real estate companies and financial institutions active in real estate, especially multifamily housing, and plans to underwrite tax-exempt multifamily housing bonds.

But Ms. Henry will be an investment banker at the firm and primarily will be involved in structuring transactions. Ms. Fitts set up the Hamilton Group after leaving the Bush administration as assistant secretary of housing and federal housing of commissioner at the Department of Housing and Urban Development. Before that, she was a partner at Dillon Read & Co. in New York City.

Ms. Henry joined Arter Hadden in December 1990. Prior to that, she specialized in municipal bonds and other tax matters on the staffs of the House Ways and Means Committee, the Joint Tax Committee, Treasury, and at the law firm of Mudge Rose Guthrie Alexander & Ferdon in New York City.

David L. Miller, a partner at Arter Hadden, said he is disappointed Ms. Henry is leaving the firm. Mr. Miller will replace C. Willis Ritter as head of the municipal bond department at the firm when Mr. Ritter leaves later this month.

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