ST. LOUIS, May 5, 2010-Advantage Capital Partners, a leading venture capital and small business finance firm, is proud to announce the addition of a new Managing Director who is a nationally recognized expert in the field of tax incentive investing. In addition, the firm is pleased to note the internal promotions of several outstanding staff members.
New Managing Director Jonathan I. Goldstein will be assisting with the structuring and closing of Advantage Capital's New Markets Tax Credit (NMTC) transactions and developing the firm's business opportunities in other areas. Mr. Goldstein comes to the firm from McCormack Baron Salazar (MBS), where he served as Senior Vice President. At MBS, he oversaw the Project Finance group, which structures the various commercial, governmental and community funding sources that support each development. Mr. Goldstein was also responsible for overseeing the firm's NMTC practice, including $210 million in allocations from the U.S. Treasury. He is the founder and served as the President of Sunwheel Energy Partners, a spin-off firm specializing in solar energy programs for community partners, including affordable housing, civic and educational institutions. Prior to working at MBS and Sunwheel Energy Partners, Mr. Goldstein helped found Taproot Ventures, a Silicon Valley venture capital firm, where he sourced and structured investments in technology companies. He began his career as an attorney, clerking for a federal appellate judge and serving as an Assistant U.S. Attorney with the Justice Department. Mr. Goldstein holds a B.A. from Yale University, and he serves as an Adjunct Professor at Washington University School of Law, from which he graduated first in his class. He will be working out of Advantage Capital's St. Louis office.
"Jonathan Goldstein is a nationally recognized expert in New Markets Tax Credit deal structuring and financing," said Advantage Capital Senior Managing Director Scott Zajac. "He will be an incredible addition to our team, and will increase our capacity to make a significant community impact with our investments."
About Advantage Capital Partners
Advantage Capital Partners is a leading venture capital and small business finance firm focused on providing growth capital and other investments supporting state and local economic development efforts. The firm's typical forms of investment include early stage, expansion equity, mezzanine financing, senior and subordinated loans and government-guaranteed lending. With offices and partners in New Orleans, St. Louis, Austin and other U.S. cities, Advantage has raised more than $1.3 billion in institutional capital since 1992 and invested in companies located in geographic areas under served by traditional capital.
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