Preston Hollow Capital Announces $75 Million Follow-On Investment Commitment

By: Preston Hollow Capital
 
DALLAS - June 1, 2015 - PRLog -- Preston Hollow Capital, LLC announced today that it has closed on a series of equity investment commitments totaling $75 million from a group of predominantly Dallas-based family wealth organizations.  This closely follows last month’s $175 million equity investment commitment from Trident VI, L.P. and its affiliated investment funds managed by Stone Point Capital LLC. (http://www.stonepoint.com/)  Preston Hollow Capital will use the proceeds from these investments, along with $113 million contributed by management, to expand the company’s municipal finance specialty origination platform and to pursue complementary strategic investments and acquisitions.

“We’re pleased to have established a strong, balanced equity capital structure totaling $363 million to provision our growth,” said Jim Thompson, Chairman and CEO of Preston Hollow Capital.   “These respected family offices are a perfect complement to Stone Point Capital’s expertise in the financial services sector.  It’s really the ideal investor base for us as we continue to solidify and diversify our position as an opportunistic specialty finance business.”

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About Preston Hollow Capital and Jim Thompson

Preston Hollow Capital (http://www.phcllc.com/) is a diversified merchant bank launched in January 2014 by Jim Thompson, the former President and Chief Executive Officer of ORIX USA (http://www.orix.com/).  The PHC team, comprised of former ORIX USA senior executives and employees, seeks to produce superior risk-adjusted returns across a broad spectrum of investment strategies.  Mr. Thompson, along with his wife Angela, supports Dallas-area non-profits through the Jim & Angela Thompson Foundation (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.jatf.us%2F&esheet=50945131&newsitemid=20140922005022&lan=en-US&anchor=Jim+%26+Angela+Thompson+Foundation&index=4&md5=7f559d30f392a3a4ece7e699f1019c16), and STEM education initiatives through the Blue Sky Educational Foundation (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.blueskyfoundation.org%2F&esheet=50945131&newsitemid=20140922005022&lan=en-US&anchor=Blue+Sky+Educational+Foundation&index=5&md5=8962439408120bdca921ae7b4262c435).  He is a board member of the Dallas Urban Debate Alliance (http://www.dallasurbandebate.org/), and is a former board member of Dallas CASA (http://www.dallascasa.org/), Angel Flight South Central (http://www.angelflightsc.org/) and the AOPA Foundation (http://foundation.aopa.org/).

Contact Preston Hollow Capital atadmin@phcllc.com or 214-389-0800.

Contact
Krystal Morris, C. Pharr & Co. for PHC
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Source:Preston Hollow Capital
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Tags:Preston Hollow Capital, Equity, Investment, Jim Thompson, Dallas
Industry:Financial, Investment
Location:Dallas - Texas - United States
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