POWERFUL PEOPLE and FRIENDS

(Authentic) POWERFUL PEOPLE "Truly" Serve Others WELL!

THE RLJ COMPANIES ANNOUNCES FORMATION OF SMALL BUSINESS INVESTMENT COMPANY IN COOPERATION WITH THE SMALL BUSINESS ADMINISTRATION

FOR IMMEDIATE RELEASE
July 12, 2012

CONTACT:
Traci Otey Blunt
240-744-7858
press@rljcompanies.com


THE RLJ COMPANIES ANNOUNCES FORMATION OF SMALL BUSINESS INVESTMENT COMPANY IN COOPERATION WITH THE SMALL BUSINESS ADMINISTRATION

-- RLJ Credit Opportunity Attracts Investments from Major Banks to Lend Money to Small Businesses --

Bethesda, MD(BlackNews.com) -- Robert L. Johnson, Founder and Chairman of The RLJ Companies, today announced that RLJ Credit Opportunity Fund, an RLJ portfolio company, has received a license from the United States Small Business Administration (SBA) to operate as a Small Business Investment Company (SBIC).

"The launch of the SBIC is a continuation of The RLJ Companies' strategy to become a preeminent business in financial asset management," said Johnson. "I am delighted that leading banks - Deutsche Bank; SunTrust; Wells Fargo; and Northern Trust - have invested in RLJ's fund, which is designed to provide much needed access to financing for minority and small businesses across the country. The relationship with our partner banks demonstrates that banks are willing to invest in minority companies that can generate superior returns and help meet their Community Reinvestment Act (CRA) goals. The fund, under the leadership of Trevoir Gregg, will undoubtedly provide positive lending benefits to minority and small businesses and support the SBA's lending objectives," Johnson concluded.

The fund will launch with approximately $70 million of committed capital, with the goal of raising a total of $225 million in capital to deploy.

"The SBIC program is an attractive partnership between the government and the private sector, promoting the health and competitiveness of the U.S. economy by utilizing efficient capital market solutions," said Trevoir Gregg, Managing Partner, RLJ Credit Opportunity Fund. "We are delighted to have such strong partners as the SBA and our initial group of major banks," he concluded.


About The RLJ Companies:
The RLJ Companies, founded by Robert L. Johnson, is an innovative business network that provides strategic investments in a diverse portfolio of companies. Within The RLJ Companies portfolio, Johnson owns or holds interests in businesses operating in a publicly traded hotel real estate investment trust; private equity; financial services; asset management; insurance services; automobile dealerships; sports and entertainment; and video lottery terminal (VLT) gaming. The RLJ Companies is headquartered in Bethesda, MD, with affiliate operations in Charlotte, NC; Little Rock, AR; Los Angeles, CA; San Juan, PR; and Monrovia, Liberia. Prior to founding The RLJ Companies, Johnson was founder and chairman of Black Entertainment Television (BET). For more information visit www.rljcompanies.com.


About RLJ Credit Opportunity Fund, LLC:
RLJ Credit Opportunity Fund makes senior debt and subordinated debt investments in lower middle market companies. RLJ Credit provides flexible capital solutions to facilitate buyouts, recapitalizations, refinancings, and growth financings. The Principals of RLJ Credit have extensive experience partnering with middle market companies, across a broad range of industries, to support growth and create value. They successfully partner with private equity firms, investment banks, and operating executives to deliver our full range of financial and strategic resources.


Media Inquiries: Traci Otey Blunt, 240.744.7858 or press@rljcompanies.com
Business Inquiries: Trevoir Gregg, (240) 744-7849 or info@rljcredit.com


-END-

Views: 111

Comment

You need to be a member of POWERFUL PEOPLE and FRIENDS to add comments!

Join POWERFUL PEOPLE and FRIENDS

Badge

Loading…

GORDON PARKS Celebrating 100 years of his Life!

 

 Click here  http://anndandridgepublicrelations.ning.com/forum/topics/gordon-parks-legendary-american-photographer-musician-writer-and-

 

Martha Washington

Martha Washington aka Martha Dandridge READ about her Black Sister Ann Dandridge

Click here  http://j.mp/MqTr7C

 

 

The Brent Shapiro Foundation

Click here:  http://anndandridgepublicrelations.ning.com/profiles/blogs/the-brent-shapiro-foundation

.. Ann Dandridge "remembers" Dorothy Dandridge

Ann Dandridge

Promote Your Page Too..

 

PRINCESS Angela of Liechtenstein

Click here  http://j.mp/11UDSWK

WHITNEY HOUSTON by
(my client) Mark Bego

Click here: http://anndandridgepublicrelations.ning.com/profiles/blogs/whitney-...

Whitney Houston!: The Spectacular Rise and Tragic Fall of the Woman Whose Voice Inspired a Generation

 

I'm Searching for "Special" Individuals, Groups & Organizations to JOIN Us here at PPAF! MANY may "not" know my Purpose for Starting our PPAF Network. I'm Gathering EVERYONE Together who Helps to Improve the Quality of Life for Others! If you know of these People INVITE them to Join Us! Enjoy the information below!

 

 

DOLLY PARTON


Click here: http://anndandridgepublicrelations.ning.com/profiles/blogs/the-amazing-dolly-parton

 

 

 

 

WHITNEY HOUSTON - Yes JESUS Love Me (and You!)

More Great VIDEOS
Click here:  http://j.mp/rN8hpx

 

Attention ALL PPAF Members! I Pray to JEHOVAH GOD for all of You to become Excellent at Making Money

(Tools) and Helping to Improve the Quality of Life for Others in JESUS' Name!


 Image result for dr jerry buss
More about DR. JERRY BUSS  Click here  http://anndandridgepublicrelations.ning.com/profiles/blogs/dr-jerry-buss-owner-of-the-los-angeles-lakers

 

 

WHO Do You ADMIRE? Sometimes it's disturbing to see who People Admire and/or why they Admire Them. I admire EVERYONE who Loves their Neighbor as much as they Admire/Love Themselves! I admire PEOPLE who Respect Themselves & also Show Respect & Courtesy to OTHERS! Ann Dandridge

 

 

CHER - Children of the Night PSA


For MORE INFO Click here:  http://anndandridgepublicrelations.ning.com/profiles/blogs/dr-lois-lee-founder-president-


 

 

"WOW" - Children of the Night With Out Walls

Click here:

24 hour hotline and Shelter Intake
1 800 551 1300 x 0

Dr. Lois Lee – Founder & President x 125
Program Start-Up, Program Development, Fundraising, Legal Assistance and In-kind contributions

Our PPAF Resource Information Page Click here: http://anndandridgepublicrelations.ning.com/profiles/blogs/ppaf-resource-information-page

xxxx

 

 

Join ME on TWITTER! Go to:

www.twitter.com/anndandridge

 

 

Join ME on TWITTER! Go to:

www.twitter.com/anndandridge

 

DOROTHY DANDRIDGE

 

 

Join Us here on PPAF by putting UP your own Page! Scroll to the Top of this column where it says SIGN UP

 

 

 

 

Leila Lopes from Angola - Miss Universe 2011

Click here:  http://anndandridgepublicrelations.ning.com/profiles/blogs/pageants-and-beauty-competitions?id=2347143%3ABlogPost%3A91211&page=1#comments

 

 

Click below:
www.TheNannyTV.com

 

 

 

Welcome to POWERFUL PEOPLE and FRIENDS!

Nat3ddesign Graphics .. Ann Dandridge "remembers" Dorothy Dandridge Ann Dandridge Promote Your Page Too..

 

 

Welcome to Powerful People and Friends!


 

 

 


..Ann Dandridge "remembers" Dorothy Dandridge
Ann Dandridge
Promote Your Page Too..

Kathys Comments

Hello EVERYONE!
I'm ANN DANDRIDGE and I created this Wonderful Group for Everyone who's interested in Helping to Improve the Quality of Life for ALL! We're all Unique and different and I look forward to meeting People who are Not Conceited or Self-Centered. Loving Others as Much as You Love Yourself is More than Awesome! SHARING is Important & RARE!Kathys Comments

I'm interested in our site being filled with Wonderful People! If you know anyone who is interesting and unique be sure to invite them to become part of PPAF!

 

 

THEOLYNN

 

 

 

Actress-Model-Singer-Songwriter Couture Clothing Designer Fitness Consultant

 

 

 

www.inmag.com

Tell them Ann Dandridge sent You!

Dorothy Dandridge was born November 9, 1922, She is a Legendary Movie Star! EVERYONE is invited to Join Us here at PPAF by putting UP your own Page!
Click here:

 

 

 

Halle Berry

 

 

 

 

Halle Berry

 

 

 

 

Halle Berry

 

 

 

Halle (Oscar)

 

 

 

Tyra (Emmy)

 

 

 

Halle Berry

 

www.VanessaWilliams.com


www.AliciaKeys.com

WHITNEY HOUSTON

Click here: http://anndandridgepublicrelations.ning.com/video/heartbreak-hotel-whitney-houston-faith-evans-kelly-price

www.JoanCollins.net

RUTA LEE Click here http://anndandridgepublicrelations.ning.com/profiles/blogs/my-dazzling-friend-ruta-lee

 

 

Ruta Lee

 

www.Rihannanow.com

 

 

 

 

 

CHAKA KHAN

www.ChakaKhan.com

 

DONNA SUMMER
Click here:  http://anndandridgepublicrelations.ning.com/profiles/blogs/donna-summer-the-queen-of-disco-a-breathtaking-beauty?id=2347143%3ABlogPost%3A107608&page=1#comments

*******************

**********************

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2019   Created by Ann Dandridge Public Relations.   Powered by

Badges  |  Report an Issue  |  Terms of Service