Leadership Changes at Preston Hollow Enhance Growth Potential

Leadership Changes Announced at Preston Hollow Community Capital

Preston Hollow Community Capital, known for its expertise in private credit solutions tailored for municipal finance, has recently revealed important leadership changes aimed at fostering growth and innovation. John Dinan, who has been the General Counsel at Preston Hollow since its founding, will take on the dual role of Co-Head of Originations. Stephen Clarke, previously part of the legal team, has been elevated to the position of General Counsel.

John Dinan: A New Chapter in Leadership

Dinan has a rich history within the firm and a robust background in both business and legal arenas. Prior to his tenure at Preston Hollow Community Capital, he held positions at a reputable Dallas-based financial services firm where he delivered complex legal assistance across various sectors, largely focusing on real estate and corporate finance.

Expanding Origination Efforts

In his new role, Dinan will collaborate with Ramiro Albarran, working together to enhance the company’s origination process. This initiative aims to broaden strategic partnerships while optimizing deal flow. His leadership as General Counsel has been vital, directly influencing the successful execution of numerous transactions that reinforced the company's market position.

Dinan expressed his enthusiasm for this transition, saying, "I am excited to take on this new challenge and help lead our origination team. The company has seen impressive growth, supported by our strong pipeline of financing opportunities. I am eager to build upon this momentum and generate further value for our borrowers."

Stephen Clarke Steps Up as General Counsel

Taking the place of Dinan as General Counsel, Stephen Clarke, who joined Preston Hollow earlier this year, brings extensive legal expertise to the forefront. Formerly a Shareholder at Winstead PC, he dedicated over a decade to navigating intricate commercial disputes across various sectors including finance, real estate, and healthcare.

Legal Experience and Educational Background

Clarke's impressive background also includes clerkships for notable judges in the U.S. Court system. He graduated with honors from The University of Texas School of Law, where he contributed as an articles editor at the Texas Law Review. As General Counsel, Clarke's responsibilities will cover all legal aspects of the firm's operations while aligning with the strategic vision.

Jim Thompson, the Chairman and CEO of Preston Hollow, expressed confidence in Clarke's capabilities: "We are thrilled to have Stephen step into the General Counsel role. His proven track record of delivering top-tier legal counsel makes him an ideal fit to lead our legal team as we continue to grow and evolve."

Michel Benitez Promoted to Senior Transaction Counsel

In conjunction with these transitions, Assistant General Counsel Michel Benitez has ascended to the position of Senior Transaction Counsel. An expert in municipal finance, Benitez is set to guide the legal team as they strategize and finalize real estate loans, municipal bond investments, and structured finance deals. Prior to his current role, he was integral to a Dallas financial services firm and also worked as a public finance attorney.

About Preston Hollow Community Capital

Preston Hollow Community Capital stands as a leader in delivering specialized impact finance solutions pivotal to social and economic progress within local communities across the United States. With a commitment to diversifying its impact, the firm has coordinated over $5.2 billion in investments across critical sectors, including education, healthcare, and infrastructure.

Since its inception, Preston Hollow has successfully raised $1.6 billion in permanent equity capital from notable investors and sponsors, receiving commendable ratings from the Kroll Bond Rating Agency, which include a long-term rating of BBB (Stable) and a short-term rating of K2 (Stable).

Frequently Asked Questions

What are the recent leadership changes at Preston Hollow Community Capital?

Recent leadership changes include John Dinan becoming Co-Head of Originations and Stephen Clarke being promoted to General Counsel.

What role will John Dinan play in the future of Preston Hollow?

Dinan will lead the origination team, focusing on expanding strategic partnerships and enhancing deal flow for the company.

What background does Stephen Clarke bring to his new position?

Stephen Clarke has extensive experience in commercial disputes and holds a distinguished educational background from The University of Texas School of Law.

What is the significance of Michel Benitez's promotion?

Michel Benitez's promotion to Senior Transaction Counsel highlights his expertise in municipal finance and his pivotal role in structuring critical financial transactions.

How much has Preston Hollow invested since inception?

Preston Hollow has invested over $5.2 billion in various sectors, driving significant social and economic impact in local communities.

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