As one of the largest financiers of state tax credits in the country, Stonehenge has invested in projects generating over $2.5 billion in various state tax credit incentives across the United States since 1993 without having a single credit recaptured, disallowed, or otherwise forfeited. Stonehenge employs over 50 professionals, and has been active in various state tax credit programs in over 25 states. Further, Stonehenge also invests in projects generating federal historic and renewable energy tax credits.
The Stonehenge team is comprised of finance, accounting, legal and compliance professionals that possess a thorough understanding of investment and financing structures while ensuring tax benefits are properly reported and allocated to its investors.
Stonehenge has established and proven internal controls with regards to its financing activities, financial reporting, cash management and loan servicing. In addition, the firm has strong segregation of duties and multiple checks and balances. The investment, finance and accounting, servicing, asset management and compliance functions are separate, but highly integrated, providing strong internal controls, which are continually assessed for adequacy by our external auditors.