Stonehenge Growth Capital announced it has closed its initial fund to provide capital to Mississippi-based small businesses. Stonehenge Capital Fund Mississippi raised $14.2 million and will provide debt and equity capital to Mississippi companies.
Online PR News – 26-March-2013 – Ridgeland, MS – Stonehenge Growth Capital (SGC) announced it has closed its initial fund to provide capital to Mississippi-based small businesses. Stonehenge Capital Fund Mississippi raised $14.2 million and will provide debt and equity capital to Mississippi companies. Investments are expected to range from $500,000 to $2,500,000.
"We are pleased to have the new fund as many Mississippi small businesses are thriving again and need capital to support their growth. The timing for the fund and this type of capital could not be better for Mississippi," said Steve Bennett, Managing Director at Stonehenge Growth Capital.
Thomas Adamek, President of Stonehenge Capital Company, LLC, remarked, “Mississippi is a great market for our new fund. The state’s small businesses climate combined with our investment expertise make Mississippi an ideal place to expand our presence in the Southeast.”
Stonehenge Growth Capital, LLC (www.stonehengegc.com) represents the private equity, lending and venture capital group of Stonehenge Capital Company, LLC. SGC directly originates and manages private equity, debt and venture capital investments from its seven offices across the country.
Stonehenge Capital Company, LLC (www.stonehengecapital.com) is a nationwide specialty finance firm with expertise in mezzanine lending and private equity, community development, tax credit finance and structured finance transactions. In addition to its investment activities, SCC has closed more than $1 billion of structured finance and tax credit transactions from its offices in Alabama, Colorado, Connecticut, Florida, Louisiana, New York, Ohio, Texas and Wisconsin.