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- Date Announced
- Seller AUM
- Subordinated debt financing for Enhanced Capital Partners, Inc.
- Vulcan Capital
- March 31, 2011
Enhanced Capital Partners, Inc. (www.enhancedcap.com) is a national private investment firm specializing in investments in small and mid-sized companies to further economic development in historically underserved areas. ECP has offices in Connecticut, New York, Alabama, Colorado, Louisiana, Tennessee, Texas and Washington D.C. An affiliate of ECP is a community development entity that has received an aggregate of $100 million of New Markets Tax Credit allocations.
Vulcan Capital was formed in 2003 and is headquartered in Seattle, WA. The firm serves as the investment arm of Vulcan Inc., the organization founded by Paul G. Allen in 1986 to manage his philanthropic and business endeavors. Vulcan Capital’s investment activities include direct investing in public and private securities as well as indirect investments in traditional and alternative asset classes. Vulcan Capital’s current portfolio spans a range of industry sectors, including media and communications, energy and natural resources, financial and information services, technology, and life sciences.
Enhanced Capital Partners, a private investment firm specializing in utilizing state and federal tax credit stimulus programs to finance small and midsized companies in the United States, today announced that it has received an investment commitment from Paul G. Allen’s Vulcan Capital. ECP will use the proceeds to accelerate the pace of its investments through its state-focused and affiliated funds that spur development in low-income communities. The investment includes a $15 million commitment to ECP’s Small Business Investment Company, which intends to raise an additional $60 million of total equity.
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