Welcome back to Form D Friday, where we take a look at local regulatory filings each week to see who’s raising capital for a new project, a new investment idea or to simply expand their business.
Form Ds don’t typically have a lot of details, but they do provide an early glimpse at what investors and business owners are planning. Where we can, we’ll track down some additional tidbits from filers. If you have any tips or comments about new fundraises, drop me a note at email@example.com.
This week, a banking holding company out of Old Parkland is offering clients a chance to cut through the “red tape.”
Maple Financial Holdings: $62.3 million
Dallas’ Maple Financial Holdings, the parent of MapleMark Bank, has closed a fund raise of $62.3 million from 78 investors, according to a filing.
The Old Parkland-based firm acquired First National Bank of Edgewood, which is just to the east of Terrell, and established a branch there earlier this year.
The firm is a business bank that claims to cut through the “red tape” of larger banks and looks for clients in the Texas and Oklahoma markets.
Scout Energy Partners: Unknown
Dallas private energy investment firm Scout Energy Partnersis launching a fourth fund, per a filing.
Scout acquires and operates mid-sized properties for oil and gas drilling, totaling more than $1 billion in assets. The firm takes on big investors like university endowments, pension and retirement funds, wealthy family offices, insurance pools and fund managers who invest in other funds.
It’s unclear how much the firm is attempting to raise. Scout brought in nearly $240 million through its third fund in 2016, not counting side-car funds.
Stonelake Capital Partners: Unknown
Real estate investment firm Stonelake Capital Partnersis raising a fifth fund, a filingshows.
Stonelake has invested in the Trinity Greenproperty near Trinity Groves and a portfolio of industrial properties around the Dallas-Fort Worth area. The company was founded in 2007 by Austin real estate advisers Kenneth Aboussieand John Kiltz. They have an office in Dallas.
It’s unclear how much they’re trying to raise. Its previous funds crested $100 million, according to past filings.
Texas Energy Holdings: $3.3 million
Executives for Dallas oil and gas firm Texas Energy Holdingsare trying to raise up to $3.3 million for a “Tech Works” venture, according to a filing. The company was started by Phillip “Chad” Willis in 2003. Willis spent time working in Silicon Valley when he was in college before the dot-com crash, and afterward went into the Dallas oil and gas business.
RREAF Holdings: $6 million
Dallas commercial real estate firm RREAF Holdings has raised more than $6 million for an assisted living and memory care facility, a pairof filingsshow. The project will be built in Kerrville, Texas, west of Austin and San Antonio. Investors have flooded into the development of these types of properties as a bet that an aging U.S. population will need more of them.
Metropolis Capital Partners: $3 million
Dallas commercial real estate firm Metropolis Capital Partners is raising up to $3 million for what appears to be a Legacy West project, according to a filing. The firm didn’t immediately give details.
MacFarlan Capital Partners: $7.2 million
Dallas investment firm MacFarlan Capital Partners has raised more than $7.2 million from 42 investors for a “Concord Center” deal, per a filing. It’s unclear which Concord Center the firm is eyeing.
The firm gives investors a chance to put debt and equity into the commercial real estate space as an alternative to real estate investment trusts and individual deals.
MacFarlan goes after single-tenant assets anchored by large corporate headquarters, as well as single-story office buildings in the suburbs and other asset classes that have fallen out of favor, at a discount.
Western Commerce Group: Unknown
Fort Worth investment firm Western Commerce Group is raising a fourth real estate fund, according to a filing. We detailed some activity by Western earlier for a fund raise that appeared geared toward an acquisition of a private business.
By Jon PriorStaff Writer, Dallas Business Journal