Advantage Capital Names New Senior Vice President to Help Accelerate the Firm’s Affordable Housing Platform
29 Julio 2024 - 8:00AM
Business Wire
Advantage Capital, a leading impact investment firm, announced
today the expansion of its state low-income housing tax credit
(LIHTC) business line, which invests in affordable housing
initiatives to help ensure family and community stability across
the country, with the addition of industry veteran Natalie Moretz
as Senior Vice President.
“We are thrilled to welcome Natalie to the team,” said Cindy
Colvin, Managing Director, Advantage Capital. “With a
well-documented track record of success in the industry, Natalie
will play an important and essential role in our affordable housing
investment strategy.”
Moretz will work across the capital markets function and be
primarily responsible for originating investor tax credit equity
for the firm’s state LIHTC funds. She will work with an established
team to help developers finance their new construction,
rehabilitation and mixed-use developments – building upon Advantage
Capital’s more than 30-year history of impact investing, including
expertise in efficiently structuring and closing complex
transactions. Prior to joining Advantage Capital, Moretz held
progressively senior roles at Berkadia Commercial Mortgage,
AllianceBernstein and Citigroup Global Markets.
“I am excited and eager to join this talented team and
accelerate the firm’s already impressive growth within the
affordable housing space,” said Moretz. “Affordable housing finance
is increasingly important in America, and we are ready to expand
our footprint in the industry.”
Advantage Capital has syndicated more than $2.4 billion in state
tax credits – and more than $2.3 billion in federal credits – and
is currently active for state LIHTC in Arizona, Arkansas, Colorado,
Georgia, Hawaii, Kansas, Missouri, Nebraska, Oklahoma, South
Carolina, Utah, Virginia and Wisconsin.
About Advantage Capital
Advantage Capital is a leading impact investment firm with an
emphasis on driving capital to underserved areas. The firm provides
flexible financing to growth-ready entrepreneurs and industries
located in communities that often lack access to conventional
sources of capital. Since 1992, the firm has invested more than $4
billion in more than 900 companies to support more than 67,000
quality jobs. The firm also invests with intention in affordable
housing developments and renewable energy solutions to grow
economies and communities. Learn more at Advantagecap.com.
Advantage Capital is an Investment Adviser registered with the
U.S. Securities & Exchange Commission. Such registration,
however, does not imply a certain level of skill or training. This
release has been prepared for informational purposes and to
announce a prior event, and nothing herein should be construed as
an offer of investment advisory services or as an offer to sell or
a solicitation of an offer to purchase any securities or investment
product. All offers of investment interests in any fund or
investment vehicle managed directly or indirectly by Advantage
Capital are and will be made only to qualified prospective
investors pursuant to separate and definitive offering and
subscription documents in accordance with applicable federal and
state securities laws. Advantage Capital is an equal opportunity
provider.
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Advantage Capital Jeff Grass, Senior Vice President,
Communications jgrass@advantagecap.com