George Ashton Iii

George Ashton Iii Email and Phone Number

CEO, Candide Group @ Candide Group
George Ashton Iii's Location
Rockville, Maryland, United States, United States
George Ashton Iii's Contact Details
About George Ashton Iii

IMPACT INVESTOR - COMMUNITY INVESTINGI am leading a multi-dimensional impact investing effort that will pursue a range of strategic investments that create jobs, fuel small businesses, revitalize commercial areas, improve housing, expand local incomes and make communities safer and stronger. As part of that charge, I will be leading the Opportunity Zone investment strategy across LISC and its affiliates; utilizing the new legislation as a tool for introducing new investors to the investing LISC has been doing in these areas for 40 years, but also as a lever for expanding the investment asset classes in which LISC and its partners invest.CO-FOUNDER AND PRESIDENT OF SOL SYSTEMSAs a critical contributor to the vision, development and evolution of an innovative renewable energy investment and financing company, I ensure that Sol Systems is well positioned to create sustainable investment opportunities on behalf of our clients and investment partners through tax-advantaged structures, GP/LP infrastructure funds, construction and permanent debt, and asset acquisitions. On a daily basis I manage the Development Business - the Project Origination team, the Project Finance group, and the New Products / Markets group. INVESTMENTS, SECURITIZATION, TRADING, FINANCIAL ANALYSISTo date, Sol Systems has invested in nearly $1 billion in solar assets on behalf of private and institutional investors. Prior to Sol Systems, I worked in capital markets for more than 10 years. At Fannie Mae, I managed more than $20 billion in asset purchases (PLS, CLO, MBS, and Whole Loan Pools) with some of the largest banks and investment firms in the country. SPECIALTIESImpact Investing | Entrepreneurs of Color I Investment Structuring I Capital Markets I Corporate Finance I Commercial Solar Energy Project Finance | Solar Energy Securitization | Solar Project Origination | Solar Energy Tax Equity Investment | Solar Energy Debt Financing

George Ashton Iii's Current Company Details
Candide Group

Candide Group

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CEO, Candide Group
George Ashton Iii Work Experience Details
  • Candide Group
    Chief Executive Officer
    Candide Group May 2024 - Present
    Oakland, Ca, Us
    Candide Group is an investment advisor that works with family offices, foundations, and high net worth individuals to create investment portfolios that reflect their passions and the change that they want to see in the world. As a leading impact investment advisor, Candide Group specializes in the deep due diligence necessary to ensure that our investors dollars are optimizing for community impact, systems change, and their financial goals.
  • Hope Investment Group
    Founding Member
    Hope Investment Group May 2012 - Present
    Founded an investment group focused on investing in entrepreneurs of color. To date, we have committed investments of more than $450,000 across 4 minority- owned businesses in the Mid-Atlantic region. The group also pursued charitable functions within the community – from mentoring local high school students to volunteering at local schools and youth organizations.• Led the first round of mezzanine debt investment in local minority developer - $100K• Created investment structures to mitigate the risk of investments in early-stage ventures• Co-authored legal documentation to support the structure of the investment• Created financial models to support the business functions of the entrepreneur• Created financial forecasts to support the investment decisions of the investors• Offered business strategy and team management advice to entrepreneurs• Connected entrepreneurs with outside resources to support their business functions
  • Lisc Strategic Investments
    President, Lisc Fund Management
    Lisc Strategic Investments Nov 2018 - May 2024
    Washington, District Of Columbia, Us
    George joined LISC in 2018 bringing over 20 years of finance and management experience. As President of LISC Fund Management, George led LISC’s multidimensional effort pursuing a range of high-impact investments that create jobs, fuel small businesses, revitalize commercial areas, improve housing, expand local incomes and make communities safer and stronger. Since joining, George has already launched dozens of impact funds, direct investments, and a multi-city community investments accelerator at LISC with aggregate values of over $1B.
  • Sol Systems
    President & Co-Founder
    Sol Systems Dec 2016 - Nov 2018
    Washington, Dc, Us
    President of Sol Systems, a renewable energy investment firm that has deployed more than $1B into solar asset investments on behalf of multinational banks, insurance companies, and large energy firms in the form of tax equity, debt, and cash equity investments. • Grew the company to more than 65 employees, and managed large teams across 3 offices• Achieved revenues in excess of $100M• Raised initial seed from angels, and later sold minority stake to strategic investor• Specifically oversaw trading, business development, new project sales, and financial structuring• Worked with energy utilities to develop solar incentive hedges across 6 state markets • Negotiated pricing and contract terms for bilateral agreements with investors purchasing solar assets and engineering / construction firms building those assets • Developed tax equity syndication practice, working with tax advantaged lease structures to optimize investment for institutional clients – deployed $500M in tax equity over 4 years• Helped raise a $100M cash equity infrastructure fund from a large insurance companyCapital Origination• $12M – (2009-2017) - from network investors and regional banks into SPVs to finance SRECs• $75M – (2014-2017) - allocations from institutional energy companies to purchase solar assets • $15M – (2016) - strategic equity investment into Sol Systems by Sempra Energy• $100M – (2017-2018) - from Nationwide Insurance into a GP/LP solar asset infrastructure fund
  • Sol Systems
    Chief Financial Officer
    Sol Systems May 2008 - Dec 2016
    Washington, Dc, Us
    • Managing a team of 20 finance professionals and specifically overseeing trading, business development, financial structuring, and accounting functions.• Negotiated pricing and terms for bilateral agreements between Sol Systems and partnering firms, and with generators and large utility companies with the use of outstanding client management skills.• Raised more than $200M in debt and equity to invest in solar related projects through SRECs and lease programs aimed at lowering the barriers to solar energy ownership for homeowners and small businesses, and support sustainable renewable energy projects.• Grew the business to more than 4,000 solar energy system owners and $9+ million in annual revenue ($16 million expected for 2013).• Raised a $100mln debt fund for project level investments in commercial solar projects.
  • Fannie Mae
    Senior Account Executive
    Fannie Mae Aug 2004 - Nov 2009
    Washington, District Of Columbia, Us
    • Traded and hedged portfolio risk with mortgage backed securities (MBS) • Priced whole loan portfolios on a spread to treasuries, swaps, and MBS products for the purposes of acquisition from partner firms• Structured and traded private label securities in CMO structures for sub-prime products• Managed over 50 large bank relationships and more specifically the market transactions that Fannie Mae executed with those lenders (totaling $50B in 2009)• Wrote market commentary on the fixed-income and mortgage markets distributed through the capital markets group and the company at-large• Developed strong background and expertise in real estate underwriting and finance
  • Arthur Andersen & Co.
    Senior Financial Consultant
    Arthur Andersen & Co. 2000 - 2002
    • Built financial models to perform federal reimbursement calculations for hospitals• These financial models extrapolated sample results over a larger population and calculated a $120M government reimbursement for the Medicaid system in Puerto Rico.

George Ashton Iii Skills

Business Strategy Corporate Finance Project Finance Trading Investment Advisory Tax Advantaged Investment Strategies Asset Backed Securitization Asset Based Lending

George Ashton Iii Education Details

  • University Of Maryland - Robert H. Smith School Of Business
    University Of Maryland - Robert H. Smith School Of Business
    Strategy
  • William & Mary
    William & Mary
    Double Major - Finance & Economics

Frequently Asked Questions about George Ashton Iii

What company does George Ashton Iii work for?

George Ashton Iii works for Candide Group

What is George Ashton Iii's role at the current company?

George Ashton Iii's current role is CEO, Candide Group.

What is George Ashton Iii's email address?

George Ashton Iii's email address is ge****@****any.com

What is George Ashton Iii's direct phone number?

George Ashton Iii's direct phone number is +120234*****

What schools did George Ashton Iii attend?

George Ashton Iii attended University Of Maryland - Robert H. Smith School Of Business, William & Mary.

What skills is George Ashton Iii known for?

George Ashton Iii has skills like Business Strategy, Corporate Finance, Project Finance, Trading, Investment Advisory, Tax Advantaged Investment Strategies, Asset Backed Securitization, Asset Based Lending.

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