We are invested in financing projects that create measurable, long-term social benefits. Every project tackles a community priority, and we meet them head on by working with our borrowers to design a financial solution that maximizes impact and benefits all parties to the transaction.
"The Preston Hollow team is uniquely suited to serve the needs of our borrowers and shareholders by employing the imagination and ingenuity gained through their decades of experience in the industry."
Jim Thompson, Chairman and CEO
Founded by Jim Thompson and Cliff Weiner with $100+ million of personal capital
First investment from Stone Point Capital
First investment from HarbourVest Partners
Portfolio reaches $1.0 billion
Established Term Matched Trust Program (private, nonrated, long-term pooled funding vehicle)
Company rating upgrade to BBB by KBRA
Portfolio reaches $2.0 billion
Inaugural Unsecured Debt Issuance
Inaugural Commercial Paper Issuance
Investment from TIAA
Inaugural TEPSTM (Tax Exempt Pooled Securities) Transaction
Current Openings:
We are based in Dallas, but our origination platform is national in scope. We have originated financings across the country in 20+ states and US territories.
We originate transactions from about $10 million to $300 million. We have the flexibility to scale our funding significantly higher to meet our borrowers’ needs.
Most of our financings take the form of DTC-eligible, CUSIP-numbered tax-exempt bonds with 30-year terms, sometimes shorter or longer depending upon the borrower’s need.
No. Preston Hollow Community Capital is a permanent capital vehicle with $1.6 billion in permanent equity capital.
Permanent capital means we don’t have to worry about meeting interim investor liquidity obligations. This allows Preston Hollow to stand behind our funding commitments to our borrowers, regardless of market conditions and fund flows. Permanent capital also enables us to be long-term holders of our investments, leading to long-term strategic relationships with our borrowers and counterparties.
Yes, the management team has more than $170 million invested in the business, right alongside all of our other investors.
Yes, we have a BBB issuer rating from KBRA.
Preston Hollow provides tailored solutions that meet the specific needs of its borrowers. We don’t have to fit the “capital markets box” and can provide bespoke solutions.
We have developed a proprietary, comprehensive Social Impact Finance Framework that we apply to the transactions we underwrite. We work with our borrowers to see that the financings have a meaningful social impact, and to enhance the tax efficiency of the structure, which benefits both our investors and us.
We have an interdepartmental Social Impact Finance Committee that oversees implementation of the Framework across our credit underwriting and investment selection processes. And our entire process is subject to external review by an independent ESG expert to ensure it remains effective.
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