Press releases & articles - June 2021

Behind The Surge In ESG Commitments
GlobeSt

Individual investors support the touted benefits of ESG on the bottom line. Avanath Capital Management has focused on ESG investing since its inception, and in January, the firm closed its fourth discretionary fund with $760 million in equity commitments, exceeding its initial target of $550 million.

Native Detroit Developers Set Sights on Apartments in North End
Michigan Chronicle

Two Black developers with Detroit roots are bringing things back to the city, particularly in the North End of Detroit.

Daryl J. Carter, 65, leading Avanath Capital Management, LLC, and Ron McDonald, RMC Development managing principal, are joining forces to develop a market rate, affordable, senior housing unit — North End Landing.

New Moves by AHF 50 Companies
Affordable Housing Finance

FUND RAISING: Avanath Capital Management (No. 36 owner), which is focused on the acquisition and preservation of affordable and workforce housing, closed its fourth discretionary fund in 2020 with $760 million in equity commitments, above its original commitment target of $550 million. Nearly half of the fund was raised during the pandemic and featured several foreign investors.

2021 OC 50: DARYL CARTER
Orange County Business Journal

We are proud to have our CEO and Founder Daryl Carter named as one of the top executives in this year’s “2021 OC 50: The Builders – Building Greater Ties to The Community”. This honor is extended to professionals in Orange County who dedicate their work towards expanding opportunities in areas such as healthcare treatment, affordable housing, employment, or other critical areas in economically disadvantaged communities.

New Moves by AHF 50 Companies
Affordable Housing Finance

Avanath Capital Management (No. 36 owner), which is focused on the acquisition and preservation of affordable and workforce housing, closed its fourth discretionary fund in 2020 with $760 million in equity commitments, above its original commitment target of $550 million. Nearly half of the fund was raised during the pandemic and featured several foreign investors.

Low-Income Housing Tax Credits News Briefs – June 2021
NOVOGRADAC

LIHTC People: BRIDGE Housing announced April 2 that Daryl J. Carter was elected to the board of directors. Carter is the founder and CEO of Avanath Capital Management LLC, an investment firm that renovates apartment properties with an emphasis on affordable and workforce communities.

Media inquiries

Brower Group

Lexi Astfalk

949.438.6262
lastfalk@brower-group.com media@avanath.com

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