Enhanced Capital Announces Release of 2021 Community Impact Report
Finished $270 million deployed and over 12,000 jobs supported through Enhanced Capital’s investment strategies in small business lending, real estate impact and climate finance
NEW YORK, May 4, 2022 /PRNewswire/ — Enhanced Capital, a leading impact investing firm with more than 20 years of investment experience, today released its 2021 Community Impact Report.
The report highlights the company’s achievements since its inception (1999) and illustrates notable investments that illustrate how Enhanced Capital is generating positive impact through its core investment strategies. The report also highlights the company’s commitment to investing in small businesses and projects through United States that generate a quantifiable impact.
“Enhanced Capital’s strong balance sheet uniquely positions the company to further broaden the reach of our impact,” said Michael Korengold, CEO of Enhanced Capital. “Our exceptional team of professionals is dedicated to supporting our borrowers, developers and business partners to ensure positive outcomes for their communities.”
Notable highlights of 2021:
- Finished $270 million deployed through Enhanced Capital’s investment strategies in small business lending, real estate impact and climate finance.
- More than 12,000 jobs supported. Enhanced Capital’s investments drive job creation and economic growth that impacts communities.
- 94 megawatts installed through climate finance. The clean energy generated by this solar infrastructure will offset nearly 4 million metric tons of carbon dioxide emissions over the lifetime of the projects’ panels.
- Average poverty rate of 28% in communities impacted by Enhanced Capital’s Impact Real Estate investments. Enhanced Capital investments bring needed community services and resources to these struggling areas.
- More than 30 operations have been closed with borrowers or promoters who identify as women, people of color or veterans. Enhanced Capital targets underrepresented populations to fill the capital gap that persists for these people.
The annual Community Impact Report acts as a recommitment to the work of Enhanced Capital and a reminder of the very tangible impact its investments have generated. Download the 2021 Enhanced Capital Community Impact Report to learn more about the company’s accomplishments.
About Enhanced Capital
Enhanced Capital Group, LLC is a leading impact investment firm with over 20 years of experience investing in small business lending, impact real estate and climate finance.
Since its creation in 1999 until December 31, 2021including own assets and assets managed by affiliates, Enhanced Capital has raised a total of $4.8 billion. Of total assets under management, impact assets represent $2.6 billion invested in more than 700 projects and companies in 38 states, washington d.c.and Porto Rico and does not include investments made by non-impact affiliates.
For more information on Enhanced Capital, please visit www.enhancedcapital.com.
Warning:
Enhanced Capital Group, LLC, and its affiliates, is an equal opportunity provider. The information presented is for discussion purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities, investment products or investment advisory services. This is not an offer or the solicitation of an offer to buy an interest in any fund.
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