Decades of setting the example
Stonehenge was formed in 1999 with a framework that has enabled growth by focusing on delivering economic results and corresponding social and environmental impacts. The success has been fueled by teamwork, entrepreneurial spirit, creativity and flexibility.
Our culture and experience has enabled each business line to develop new products without compromise to our core values. Stonehenge has provided capital to support small businesses, historic & affordable real estate developments, film productions and renewable energy projects across the country. A majority of these investments have helped clients satisfy Community Reinvestment Act (“CRA”) ratings and supported the pursuit of Environmental, Social and Corporate Governance (“ESG”) standards.
Another key component of our success is the relationships that we have established and nurtured with our clients, portfolio companies, policymakers and program administrators, all of whom share our commitment to providing capital in underserved areas that have the ability to make positive social, economic and environmental impacts.
Stonehenge Capital Corporation is formed as a spin-out by former principals of Banc One Capital to manage previously closed economic development investment funds
Closes first of 12 State Targeted Funds
Stonehenge invests in projects that generate state film and other incentives
Stonehenge forms a Community Development Entity to invest federal NMTC allocations into low-income communities in partnership with the National Urban League (“NUL”)
Stonehenge expands to invest in state historic tax credit programs
Stonehenge invests in state renewable energy tax credit programs
Stonehenge expands to participate in state New Markets Tax Credit programs
Stonehenge principals form Heelstone Energy to develop utility-scale solar
Stonehenge enters the federal historic tax credit equity market
Stonehenge begins small business investments in rural America through state rural-focused programs
Heelstone Energy is sold
Stonehenge invests in the 10th consecutive federal NMTC allocation in severely distressed communities
Stonehenge receives a SBIC license from the SBA to make direct investments in low-income communities
Stonehenge forms two distinct business lines, Tax Credit Services and Direct Investing
Stonehenge closes its 13th federal tax equity fund to support historic rehabilitation and renewable energy projects
Since 1999, Stonehenge Capital has operated at the nexus of finance and community development. We are deliberate in our actions to make both a financial and social impact. We know how private capital can transform underserved communities and help operating businesses grow, and we work with clients and investors to generate double bottom line returns. With fresh thinking that leads to better returns, Stonehenge is not the same old style of investment firm, but something else entirely. Some call it transformational capital. We call it the right way to do business.
Stonehenge is a thought leader in investment capital, producing strong returns for investors and impactful social returns for communities. We do this by fostering collaboration among our team of seasoned and talented professionals who leverage two decades of expertise and relationships to provide innovative financing solutions where they are most needed, delivering a variety of debt and equity financings to spur economic growth across the country.