as Crossroads, have an incredible opportunity ahead of them to deploy capital into large, underserved markets with attractive financial and credit characteristics. We’re proud to partner with Crossroads and Enhanced to seize that opportunity and build the leading impact-focused specialty finance company in the U.S., which we are confident will deliver value for our investors, Crossroads and P10 stockholders, and underserved communities across the country.”
“This partnership offers compelling benefits to all stakeholders by providing additional capital for Crossroads to deploy into socially beneficial, financially attractive investments and accelerate its growth into a fully scaled impact-focused specialty finance platform,” said Clark Webb, co-CEO of P10. “Importantly, this also represents a new permanent capital vehicle for P10, and we are grateful investors have entrusted us to deploy capital on behalf of a unique, socially and environmentally beneficial firm.”
About P10:
P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of March 31, 2022, P10 has a global investor base of over 2,500 investors across 49 states, 53 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. For more information on P10, please visit www.p10alts.com
About Crossroads Impact Corp:
Crossroads Impact Corp (OTCQX: CRSS), Crossroads Impact Corp’s mission is to promote economic vitality through community development and equitable access to capital; harnessing the power for good to tackle systemic issues within underserved communities. Building on our history of serving minority individuals and small businesses through environmental and responsible social lending, we look to be the leader in providing innovative and sustainable lending solutions.
For more information on Crossroads Impact Corp, please visit www.crossroads.com
About Enhanced Capital Group, LLC:
Enhanced Capital Group, LLC is a leading impact investing firm with over 20 years of experience investing in Small Business Lending, Impact Real Estate, and Climate Finance.
From inception in 1999 through December 31st, 2021, inclusive of proprietary assets and assets managed by affiliates, Enhanced Capital has raised a total of $4.8 billion. Of the total AUM, impact assets represent $2.6 billion invested in over 700 projects & businesses across 38 states, Washington DC, and Puerto Rico and does not include investments made by non-impact affiliates.
For more information on Enhanced Capital, please visit www.enhancedcapital.com
About Conversant Capital:
Conversant Capital LLC is a private investment adviser founded in 2020. The firm pursues credit and equity investments in the real estate, digital infrastructure and hospitality sectors in both the public and private markets. Further information is available at www.conversantcap.com.
Forward Looking Statements
Some of the statements in this release may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “believe,” “estimate,” “continue,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management’s current expectations and projections relating to P10’s financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements are subject to various risks, uncertainties, and assumptions. Forward-looking statements