
The $6.9B manager targets lower-middle market projects often overlooked by traditional lenders, focusing on underserved communities and sustainability.
Enhanced Capital, the private credit arm of Ridgepost Capital (NYSE: RPC), said it deployed more than $350 million across 65 projects and businesses in 24 states during 2025. The firm released its 2025 Community Impact Report on Monday, highlighting its focus on lower-middle market financing through incentive-based and policy-driven structures.
“We remained focused on directing private capital toward projects and businesses often overlooked by traditional financing,” Michael Korengold, Enhanced Capital president and chief executive officer, said in the report.
The firm’s two core strategies are Project Finance and Small Business Lending. Since inception through June 30, 2026, Enhanced Capital has raised $6.9 billion, including proprietary assets and assets managed by affiliates. The investments support more than 1,000 projects across 40 states, Washington, D.C., and Puerto Rico.
Enhanced Capital invests within three themes: underserved communities, environmental sustainability, and community development programs. The 2025 report said the 65 projects span those themes, with a particular emphasis on financing in areas that traditional lenders tend to avoid.
Ridgepost Capital, a diversified multi-asset platform, owns Enhanced Capital as a wholly owned strategy. RPC shares closed at $24.13 on Monday, down 0.3%.
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