Then and Now: A Baton Rouge Icon Restored
Long before Stonehenge Capital claimed the proud corinthian columns at 236 Third Street, the familiar facade served as the foundation for Baton Rouge's original banking institution.
As a national leader in specialty finance, Stonehenge has invested in a variety of small businesses, real estate developments, historic rehabilitation projects, renewable energy installations and film and entertainment productions in more than 30 states across the country, generating various state incentives across the United States without having a single incentive recaptured, disallowed, or forfeited. Our investments support a variety of financing needs in small towns, rural communities and major urban centers across the country. Stonehenge employs over 50 professionals, who foster collaboration by sharing their expertise and relationships across business lines, industries and states.
With main offices in Baton Rouge, Louisiana and Columbus, Ohio and six additional offices across the country, Stonehenge Capital is equipped with the people and resources necessary to do more with financial capital on a national scale. By doing business differently and offering the kind of fresh thinking that leads to innovation, Stonehenge sets the example for how a successful capital investment firm should operate.
Stonehenge is formed as a spin out by the former principals of Banc One Capital, which acquired Meuse, Rinker, Chapman, Endres & Brooks, a regional investment banking firm that specialized in mezzanine finance and bond underwriting, in 1991, and merged with First Chicago in 1998. Stonehenge’s Growth Capital business line, which originated with Banc One and provides junior capital to small businesses, is formalized as the first line of business.
Stonehenge’s Growth Capital business line closes its first state economic development investment fund after the formation of Stonehenge Capital.
Stonehenge Capital forms the Tax Credit Services business line to invest in projects that generate state incentives. The Community Development business line is formed to invest federal New Markets Tax Credit allocations into low-income communities in partnership with the National Urban League.
The Tax Credit Services business line expands to invest in state historic tax credit programs.
The Community Development business line expands to participate in state New Markets Tax Credit programs. The Tax Credit Services business line expands to invest in renewable energy tax credit programs.
The Tax Credit Services business line expands to invest in federal historic tax credit equity.
The Growth Capital business line expands their mission to invest in small businesses in rural America through state rural-focused programs. Stonehenge Community Development invests its 10th consecutive federal New Markets Tax Credit allocation in severely distressed communities.
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.