Iron Stone Strategic Capital Partners

Bonaventure Appoints Seasoned Financial Executive Andy Marshall as SVP, Head of Capital Markets

Retrieved on: 
Wednesday, September 27, 2023

Bonaventure , an integrated alternative asset manager focused on the development, construction, and property management of innovative lifestyle multifamily communities in the Mid-Atlantic and Southeastern regions, is pleased to announce the appointment of veteran financial services executive Andy Marshall as Senior Vice President, Head of Capital Markets.

Key Points: 
  • Bonaventure , an integrated alternative asset manager focused on the development, construction, and property management of innovative lifestyle multifamily communities in the Mid-Atlantic and Southeastern regions, is pleased to announce the appointment of veteran financial services executive Andy Marshall as Senior Vice President, Head of Capital Markets.
  • Based in Atlanta, GA, Marshall will help lead Bonaventure’s capital raising efforts in addition to supporting marketing, investor relations and new product development.
  • “The Bonaventure team is thrilled to welcome Andy, whose decades of experience and proven track record of success in raising capital will bring great value to the team,” said Dwight Dunton, founder and CEO of Bonaventure.
  • “Bonaventure’s best-in-class offerings ranging from perpetual income and growth, preferred equity, and custom 1031s offer solutions to the current needs of family offices, institutions and financial advisors,” said Marshall.

CNL STRATEGIC CAPITAL ANNOUNCES OPERATING RESULTS FOR SECOND QUARTER 2023

Retrieved on: 
Friday, August 11, 2023

Orlando, Fla., Aug. 11, 2023 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses.

Key Points: 
  • Orlando, Fla., Aug. 11, 2023 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses.
  • The Company announced its operating results for the six months ended June 30, 2023.
  • For the six months ended June 30, 2023, CNL Strategic Capital received approximately $134.0 million in net offering proceeds, including approximately $5.6 million received through the distribution reinvestment plan.
  • Since beginning operations in February 2018 until June 30, 2023, CNL Strategic Capital has raised approximately $783.5 million, including $21.0 million received through the distribution reinvestment plan.

CNL Strategic Capital Announces Operating Results for First Quarter 2023

Retrieved on: 
Monday, May 15, 2023

Orlando, Fla., May 15, 2023 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses.

Key Points: 
  • Orlando, Fla., May 15, 2023 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses.
  • The Company announced its operating results for the three months ended March 31, 2023.
  • For the three months ended March 31, 2023, CNL Strategic Capital received approximately $62 million in net offering proceeds, including approximately $2.6 million received through the distribution reinvestment plan.
  • Since beginning operations in February 2018 until March 31, 2023, CNL Strategic Capital has raised approximately $711.5 million, including $18.1 million received through the distribution reinvestment plan.

Braya Renewable Fuels receives a $300 Million investment from Energy Capital Partners.

Retrieved on: 
Thursday, April 20, 2023

Strategic capital will support conversion of Braya's refinery operations in Come By Chance,

Key Points: 
  • Strategic capital will support conversion of Braya's refinery operations in Come By Chance,
    COME BY CHANCE, NL, April 20, 2023 /PRNewswire/ - Braya Renewable Fuels ("Braya"), a Newfoundland and Labrador, Canada-based producer of low-emission renewable fuels, today announced a $300 million preferred equity investment from Energy Capital Partners ("ECP"), a leading energy transition focused investor in the electricity, clean energy, renewable and sustainable infrastructure sectors.
  • Combined, these fuels – renewable diesel, sustainable aviation fuel, hydrogen, and ammonia – will provide alternatives to fossil fuels and reduce the emissions associated with hard-to-abate sectors such as heavy transport, aviation and heavy industry.
  • "We welcome ECP, a seasoned investor in the energy transition sector, to the Braya team," said Cresta's Managing Partner, Chris Rozzell.
  • "This investment is a major step in positioning Braya to become one of the largest independently owned renewable fuel producers in the world."

Tradier Raises $24.6M Series B Funding to Drive Choice, Value & Better Service for Active Retail Traders

Retrieved on: 
Thursday, April 13, 2023

CHARLOTTE, N.C., April 13, 2023 /PRNewswire/ -- Tradier, a leading global retail brokerage firm serving active traders through API-powered platforms and partnerships, today announced the close of a $24.6 million Series B funding round. Led by PEAK6 Strategic Capital, with participation from existing investors F-Prime Capital and KF Business Ventures, the new funding will accelerate Tradier's growth by giving traders and partners access to advanced features, live content and more custom services.

Key Points: 
  • The funding comes on the heels of the emergence of a new base of active retail traders who are demanding more custom platforms and content engagement.
  • Tradier dubs this phenomenon the "graduation effect," as active retail investors demand a more differentiated brokerage offering compared to the traditional single platform offerings from brokers.
  • Our embedded brokerage model powers us with intelligent data to better understand retail behaviors across over 150 connected platforms every day.
  • We have an extremely loyal partner base and active trader community," said Dan Raju, CEO, Chairman, and Co-Founder of Tradier.

CNL Strategic Capital Announces Year-End Operating Results for 2022

Retrieved on: 
Thursday, March 30, 2023

Orlando, Fla., March 30, 2023 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses.

Key Points: 
  • Orlando, Fla., March 30, 2023 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses.
  • The Company announced its operating results for the year ended Dec. 31, 2022.
  • For the year ended Dec. 31, 2022, CNL Strategic Capital received approximately $193.2 million in net offering proceeds, including approximately $8.3 million received through the distribution reinvestment plan.
  • Since beginning operations in February 2018 until March 24, 2023, CNL Strategic Capital has raised approximately $685.9 million, including $17.2 million received through the distribution reinvestment plan.

Pegasus Digital Mobility Acquisition Corp. Announces the Three-Months Extension of the Combination Period

Retrieved on: 
Monday, January 23, 2023

Pegasus Digital Mobility Acquisition Corp. (NYSE: PGSS.U) (the “Company”), a special purpose acquisition company founded by Strategic Capital Fund Management, LLC (“Strategic Capital”), today announced that it has funded the trust account maintained with Continental Stock Transfer & Trust Company with a $2,250,000 payment for the first three-month extension period, by which it extended the date by which the Company must consummate a business combination until April 26, 2023.

Key Points: 
  • Pegasus Digital Mobility Acquisition Corp. (NYSE: PGSS.U) (the “Company”), a special purpose acquisition company founded by Strategic Capital Fund Management, LLC (“Strategic Capital”), today announced that it has funded the trust account maintained with Continental Stock Transfer & Trust Company with a $2,250,000 payment for the first three-month extension period, by which it extended the date by which the Company must consummate a business combination until April 26, 2023.
  • In addition, on January 23, 2023, the Company extended a working capital promissory note to Strategic Capital for $2,250,000.
  • The promissory note is non-interest bearing.

CNL Strategic Capital Announces Operating Results for Third Quarter 2022

Retrieved on: 
Friday, January 6, 2023

Orlando, Fla., Jan. 06, 2023 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses.

Key Points: 
  • Orlando, Fla., Jan. 06, 2023 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC (“CNL Strategic Capital,” the “Company” or “we”) seeks to provide current income and long-term appreciation to investors by acquiring controlling equity stakes in combination with loan positions in privately owned middle-market businesses.
  • The Company announced its operating results for the nine months ended Sept. 30, 2022.
  • For the first nine months of 2022, CNL Strategic Capital received approximately $136.7 million in net offering proceeds, including approximately $5.3 million received through the distribution reinvestment plan.
  • Since beginning operations in February 2018 until Sept. 30, 2022, CNL Strategic Capital has raised approximately $593.1 million, including $12.5 million received through the distribution reinvestment plan.

PMB and Providence St. Joseph Hospital Celebrate Topping-Off Beam Signing Ceremony

Retrieved on: 
Wednesday, October 26, 2022

SAN DIEGO, Oct. 26, 2022 /PRNewswire/ -- PMB, a leading healthcare real estate developer across the continuum of care, and Providence St. Joseph Hospital, a cornerstone for health care in Orange and Los Angeles Counties for over 90 years, celebrated another major milestone on October 20th in the construction of a new 137,000 square-foot  medical office building with the ceremonial 'Topping-Off' of the steel structure. Construction workers, employees, physicians, community members, elected officials and donors gathered to sign the 17-foot long, 570-pound steel beam before it was hoisted atop the Providence St. Joseph Hospital Helen Caloggero Women's & Family Center. The building is named in honor of generous donor Marsha Moeller's late mother.

Key Points: 
  • Construction workers, employees, physicians, community members, elected officials and donors gathered to sign the 17-foot long, 570-pound steel beam before it was hoisted atop the Providence St. Joseph Hospital Helen Caloggero Women's & Family Center.
  • The 'Topping-Off' ceremony is a long-standing tradition in construction derived from an ancient Scandinavian builder's rite held when the highest beam of steel is placed atop a structure during construction.
  • For more information, please visit our website at www.pmbllc.com
    Providence St. Joseph Hospital in Orange, California is a nationally recognized, 463-bed, not-for-profit Catholic hospital founded in 1929 by the Sisters of St. Joseph of Orange.
  • Providence St. Joseph Hospital is part of Providence, a health system serving in 52 hospitals with a comprehensive range of services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington.

Sound Point Capital Provides Financing to Centric Brands

Retrieved on: 
Friday, October 21, 2022

Sound Point Capital Management (Sound Point) is pleased to announce that it provided an Accounts Receivable Facility for Centric Brands (Centric or the Company), a leading global lifestyle brand collective that designs, sources and markets branded products in the apparel, accessories, beauty and entertainment categories.

Key Points: 
  • Sound Point Capital Management (Sound Point) is pleased to announce that it provided an Accounts Receivable Facility for Centric Brands (Centric or the Company), a leading global lifestyle brand collective that designs, sources and markets branded products in the apparel, accessories, beauty and entertainment categories.
  • Centric has enjoyed a lender relationship with Sound Point for two years with an Accounts Receivable Facility provided in 2020, said Deborah Bell, Senior Vice President of Strategic Finance for Centric Brands.
  • The Strategic Capital team at Sound Point partners with sponsors and management teams to provide debt capital for a variety of uses, including M&A, working capital, and owner distributions.
  • About Sound Point Capital Management, LP
    Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies.