DALLAS, Oct. 20, 2015 /PRNewswire/ -- NexBank Capital, Inc., a fully-integrated financial services company, has announced their commitment of $1 million to the GrowSouth Fund, LP, a family of funds focused on facilitating the economic growth and revitalization of Southern Dallas.
"NexBank is proud to be a participant in the GrowSouth Fund," said John Holt, President and CEO of NexBank Capital, Inc. "Southern Dallas offers a tremendous opportunity for job growth and business expansion. We are committed to strengthening the community and expanding the resources available to support its development."
Sponsored by Impact Dallas Capital, a not-for-profit organization created to increase investment in Southern Dallas, the GrowSouth Fund is a family of double-bottom-line investment funds, and has achieved the closing of its initial Fund. The investment team is actively originating and evaluating potential Fund investments, which include loans for projects located in several of the key development areas throughout the program's targeted footprint. The Fund focuses on both the immediate capital needs of the community and creating a long-term source of capital for Southern Dallas.
About NexBank Capital, Inc.
NexBank Capital, Inc. is a fully-integrated financial services organization that includes a commercial and investment bank. As a leading regional financial services provider, the group delivers commercial banking, mortgage banking, investment banking and corporate advisory services to large corporations, real estate investors, middle-market companies, small businesses and banks, as well as some of the largest institutional clients in the capital markets. (www.NexBank.com)
SOURCE NexBank Capital, Inc.