Biden alumni launch new strategic advisory firm: Lafayette Advisors

• The firm will offer knowledge and expertise into how some of President Biden's signature spending bills — including his trillion-dollar infrastructure and clean technology packages — are designed to be implemented.

Driving the news: The new firm is a merger of four separate shops.

• Partners will include Ryan Berni, who served on the infrastructure team in the Biden White House, and Zach Butterworth, who led private sector engagement for Biden.
• Both worked closely with Mitch Landrieu, Biden's former transportation czar, and former Rep. Cedric Richmond, who was Biden's first director of public engagement. Richmond will be a senior adviser to the new firm.
• They will be joined by Bradley Beychok, a co-founder of American Bridge 21st Century, Ankit Desai, a lobbyist at ABI Associates, Michael Halle, a former senior adviser to Transportation Secretary Pete Buttigieg, and Leah Israel, who currently serves as the chief development officer for the 2024 Democratic National Convention.
• Jennifer Palmieri, who served as communications director for President Obama and Hillary Clinton's 2016 campaign, will also join the group as a senior adviser.

What they are saying: "If you look at the people that are affiliated with this effort, they all bring a vast amount of experience in a broad array of issues and subject expertise," said Richmond.

• "Being a full-service shop is vitally important," Richmond added. "It's what I have seen becoming the norm since I have been out of the administration."
• "Lafayette Advisors is a partnership of friends turned business partners who love to work hard and win," said Berni in a statement.

Go deeper: Other veterans of the Biden and Obama administrations will play key roles, including Sameera Fazili, Kate Berner, Leandrea English, Jana Plat and Andrea Purse.