- Crossroads Impact ( OTCQX:CRSS ) has expanded its strategic relationship with Enhanced Capital Group, the Impact investment solution of P10, and a new strategic investment from Conversant Capital LLC.
- The firm also finalizing new $150M debt facility, ensuring ample capital to deploy across existing and new verticals.
- The Enhanced Capital Group and Crossroads to focus relationship on credit investments in Climate Finance, Impact Real Estate, and Small Business Lending to underserved communities.
- Investment funds managed by P10 and managed by Conversant are investing a combined $180M of equity capital in Crossroads at $10.76/share, with the ability to commit up to an additional $310M of total equity capital at the same price within the next 120 days.
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The increased scale sets stage to evaluate eventual up-listing.
For further details see:
Crossroads Impact expands strategic partnership with Enhanced Capital Group; and a strategic investment from Conversant Capital LLC