Advantage Capital Partners Appoints Four New Advisory Board Members

by admin | May 7, 2010 5:40 pm

Board Members Help Drive NMTC Investment Strategies in Low-Income Communities

ST. LOUIS, May 7, 2010 – Advantage Capital Partners, a leading venture capital and small business finance firm, today announced the newest additions to the firm’s national Community Advisory Board. The new Board members, all experts in their fields, will offer valuable input into the firm’s New Markets Tax Creditinvestment strategies in low-income communities around the country.

“Advantage Capital is pleased to have such an extraordinary group of individuals join our Community Advisory Board,” said Michael Johnson, Advantage Capital Managing Director. “As we continue to invest in entrepreneurs and businesses in underserved communitis nationwide, the perspectives and counsel from our Board members is a critical component that drives our strategy.”

Newly named Advisory Board members include:

Advantage Capital works with a national Community Advisory Board of Low-Income Community (LIC) residents and representatives in identifying and financing promising LIC entrepreneurs that are not adequately served by traditional capital providers.   The firm relies heavily on its Advisory Board members to provide feedback, ensuring the firm’s investment strategy is responsive to the needs of such areas. Advantage Capital chooses Advisory Board members that have jobs and official positions that afford them natural opportunities to facilitate this type of feedback. The Board assists Advantage Capital with its overall investment strategy and plays a role in implementing the strategy and monitoring investments to ensure the firm is fulfilling its mission. In addition, because of the Board members’ positions, they help coordinate activities with economic development initiatives, both public and private, at the local, state and national levels.  A complete list of current Board members can be found here.

About Advantage Capital Partners

Advantage Capital Partners is a leading venture capital and small business finance firm focused on providing growth capital and other investments supporting state and local economic development efforts. The firm’s typical forms of investment include early stage, expansion equity, mezzanine financing, senior and subordinated loans and government-guaranteed lending. With offices and partners in St. Louis, New Orleans, Austin and other U.S. cities, Advantage has raised more than $1.3 billion in institutional capital since 1992 and invested in companies located in geographic areas underserved by traditional capital.

###

http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100510006307&newsLang=en

Source URL: http://www.advantagecap.com/advantage-capital-partners-appoints-four-new-advisory-board-members/