Film commissioners and other industry leaders convened Jan. 24 in Park City to discuss strengthening U.S. competitiveness, protecting domestic jobs, and responding to aggressive international production incentives
ATLANTA, Feb. 9, 2026 (GLOBE NEWSWIRE) — Monarch Private Capital and FilmUSA today recapped Lights. Camera. America!, a panel discussion held Jan. 24, 2026, during the Sundance Film Festival in Park City, Utah, focused on the future of U.S. film and television production and the growing impact of international production incentives on domestic jobs and investment.
Hosted at Top of Main Brew Pub in Park City, the event brought together more than 400 filmmakers, production executives, film commissioners, policymakers, and industry stakeholders. The discussion centered on how federal, state, and local leaders—working in collaboration with the private sector—can strengthen domestic production, protect American jobs, and ensure that the economic benefits of filmmaking remain within U.S. communities.
The panel at Sundance marked the third installment of the Lights. Camera. America! Series, an ongoing conversation focused on strengthening U.S. film and television production. Monarch Private Capital and FilmUSA plan to continue the dialogue at future industry gatherings, with details to be announced. Industry stakeholders are encouraged to follow FilmUSA and Monarch Private Capital to stay informed about upcoming panels.
“Film and television production is an economic engine—supporting jobs, small businesses, and local tax bases in communities across the country,” said Marco Cordova, Director of Film & Tax Credit Investments at Monarch Private Capital. “At Sundance, we heard a clear message from creators and production leaders alike: the U.S. needs competitive, predictable incentive frameworks to keep production—and its benefits—here at home. We’re proud to partner with FilmUSA to help elevate solutions that strengthen domestic production.”
Moderated by Marco Cordova, Director of Film & Tax Credit Investments at Monarch Private Capital, the panel featured industry leaders representing production, incentives, and policy perspectives, including Katie Patton Pryor, Co-Founder of FilmUSA; Brendan Gallavan, Production Tax Planning & Incentives at Netflix; Ryan Broussard, Vice President of Production Incentives at Wrapbook; Fred Siegel of Fred Siegel CPA; and Houston King, producer of Chasing Summer, which premiered at Sundance.
Throughout the conversation, panelists emphasized the increasing competitiveness gap between the United States and international markets, where long-term, predictable, and aggressive incentive programs continue to attract productions—and the associated jobs and economic activity—away from U.S. workers and communities.
“FilmUSA exists to keep the United States globally competitive in film and television, strengthening domestic production, jobs, and investment in communities nationwide,” said Katie Patton Pryor, Co-Founder of FilmUSA. “The Lights. Camera. America! conversation underscored how quickly the global landscape is changing and why stronger coordination across film offices and the private sector, along with a clear national screen strategy, is essential. We’re grateful to Monarch, Wrapbook, and our partners for convening leaders at Sundance to advance a practical, collaborative path forward.”
Following the panel, guests gathered for the Meet the Film Commissioners After Party, which provided an opportunity for filmmakers, commissioners, and industry stakeholders from across the country to continue conversations and build new connections.
“I very much enjoyed Monarch’s panel on film incentives in the U.S. at this year’s Sundance Film Festival,” said Andrea Sporcic Klund, Director of the Missouri Film Office. “Hearing directly from those actively advising creatives on U.S. incentives underscored that while many productions are choosing to film internationally, there are still a significant number leveraging state and local incentives here at home. Conversations like this are critical as we look ahead to the possibility of a national incentive that could elevate existing programs and strengthen the U.S.’s ability to compete globally.”
Wrapbook served as the supporting partner for the event, with Georgia Entertainment as the media sponsor.
Watch the full recorded panel from the Lights. Camera. America! Event here:
Lights. Camera. America! Sundance 2026 Panel Recording
If you’d like to learn more or are interested in hosting a panel in your area, please reach out to Marco Cordova at mcordova@monarchprivatecapital.com.
Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.
FilmUSA is the national association of U.S. film commissions, representing local, regional, state, and tribal jurisdictions across the country. FilmUSA works to enhance the global competitiveness of the U.S. film and TV industry, expand industry access, support global film partnerships, and promote domestic production.
The organization actively advocates for a Federal Film Office and a national screen strategy that includes: competitive policy frameworks that strengthen U.S. production, jobs, and IP; robust economic data and research to guide policy and investment; and inclusive, nationwide participation in the global screen economy.
ATLANTA (GLOBE NEWSWIRE) Crayhill Capital Management (“Crayhill”) and Monarch Private Capital (“Monarch”) are pleased to announce a strategic joint venture to facilitate hybrid preferred tax equity investments for renewable energy projects, including utility-scale solar, battery storage, and distributed generation projects. Crayhill has committed $300 million of capital into the joint venture, Monarch JVT Funding. Through Monarch’s best-in-class platform, the JV will invest in tax partnerships that will facilitate fair market value tax basis for renewable energy developers.
The JV is designed to provide a single-point solution that maximizes project tax credit value while minimizing transfer friction, supported by a single underwriting process and industry-standardized partnership and transfer documentation.
This partnership arose from Crayhill and Monarch’s familiarity and track record of success in tax equity-related transactions—success the firms expect to continue both together and independently.
Speaking about the new partnership, Crayhill’s Shweta Kapadia, MD of Power & Infrastructure said, “We’re excited to bring this new alternative to market. As an experienced partner and financier to development platforms with over 17 GW of utility-scale solar and battery projects financed, we appreciate the additional flexibility and simplicity this structure affords tax-inefficient developers, and those seeking more optionality relative to merchant and non-fixed contract economics. Combined with Crayhill’s pre-construction development capital, this product provides a complete pathway for renewable energy projects from early-stage development through tax-efficient monetization.”
Bryan Didier, Partner and Managing Director – Energy at Monarch Private Capital, added, “We see continued demand for this single-source financing package and are proud to partner to bring this offering to market.”
Those interested in more information about the offering should contact Bryan Didier (Monarch) at bdidier@monarchprivate.com
About Crayhill Capital Management
Crayhill Capital Management is a $2.9 billion, SEC-registered investment adviser specializing in asset-based finance. Since its founding in 2015, the firm has deployed over $4 billion across more than 50 transactions. Crayhill focuses on scalable, opportunistic asset-based investments, enabling its investors to benefit from a firm with a singular, deep focus on this specialized market. For more information, please visit https://crayhill.com/
About Monarch Private Capital
Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.
Monarch Private Capital is proud to announce that as of Q3 2025, the firm has surpassed a major milestone — more than 1,000 projects financed and managed nationwide.
Since its founding in 2005, Monarch has managed tax equity impact investments generating nearly $9 billion in federal and state tax credits. These investments have enabled more than $20 billion in project capital and created $40 billion in economic impact across 42 states and Washington, D.C., advancing affordable housing, historic preservation, renewable energy, and U.S. film production.
Through these investments, Monarch has:
- Financed 1,000+ projects, fueling $40 billion in economic impact.
- Created 50,000+ affordable housing units, delivered $10 billion in energy development, and completed 200+ historic rehabilitations.
- Transferred over $1.5 billion in film tax credits, supporting hundreds of U.S. film productions and job creation across the entertainment industry.
“This milestone underscores our mission to channel private capital into projects that generate lasting social and environmental impact while providing predictable returns for our investors,” said George L. Strobel II, Partner, Co-Founder, and Co-CEO of Monarch Private Capital.
Monarch continues to build on its legacy of impact, working alongside investors, developers, and community partners to strengthen sustainable economic growth across the nation.
We are proud to share that Robin Delmer, Co-Founder and Co-CEO of Monarch Private Capital, has been appointed to the Board of Directors of the High Museum of Art.
For decades, Robin has connected influential investors to projects in energy, affordable housing, historic preservation, and film and entertainment—helping drive both economic growth and community impact. His leadership extends beyond Monarch through service on boards including the Solar Energy Industries Association (SEIA), Live Thrive Atlanta, Litehouse Partners, the Atlanta Urban League, and the Westside Future Fund.
Robin’s appointment reflects his deep commitment to strengthening communities and advancing culture in Atlanta and beyond.
Read the full announcement from the High Museum of Art
ATLANTA (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is pleased to announce the closing of $80 million in Low-Income Housing Tax Credit (LIHTC) investments during the month of June. These transactions span six properties across five states, reinforcing Monarch’s position as a national leader in affordable housing finance and its commitment to supporting communities from coast to coast.
The firm’s June closings include partnerships with long-standing development leaders across diverse markets:
- Durelee Lane – Douglasville, Georgia
Developed by Southport Development
A critical new development expanding affordable housing stock in metro Atlanta. - Foundry Row Apartments – Muncie, Indiana
Developed by TWG Development
A workforce housing community supporting revitalization in east central Indiana. - Hardin Terrace II – Jefferson, Georgia
Phase II developed by Zimmerman Properties
An expansion of affordable housing in a fast-growing Northeast Georgia city. - Eastland Apartments – Tulsa, Oklahoma
Developed by Zimmerman Properties
A multi-phase community serving families in northeastern Oklahoma. - Belle Haven Apartments – Gaffney, South Carolina
Developed by Schaumber Development
A key investment in upstate South Carolina, located along the I-85 corridor between Greenville and Charlotte, where rents have increased significantly due to growing housing demand. - El Camino Apartments – Oceanside, California
Developed by MirKa Investments
A high-impact preservation project in Southern California’s coastal region.
“These closings underscore the strength of our developer relationships and demonstrate that sound projects continue to attract capital—even in a tighter market,” said Brent Barringer, Managing Director LIHTC at Monarch. “Our team remains focused on identifying and executing on opportunities that create value for our investors while delivering critical affordable housing across the country.”
Despite rising construction costs, shifting capital markets, and regulatory headwinds, Monarch continues to deploy private capital into high-impact housing solutions. The firm’s transactional velocity in June signals strong investor demand for well-structured community investments that deliver both financial returns and social impact.
For more information about Monarch Private Capital, visit www.monarchprivate.com.
About Monarch Private Capital
Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.
The now “fully” passed bill heads to the President’s desk for signature (anticipated July 4, 2025). While not an ideal outcome, we are pleased that Monarch’s persistent direct advocacy resulted in several improvements over House Resolution 1 as well as both the initial Senate Finance Committee text and the proposed legislation originally brought to the floor. In fact, the final law retained credit eligibility for solar and wind projects under a begun construction exception consistent with what Monarch suggested via multiple senate/staff/committee channels within hours of the final legislative text being released on Saturday, June 28.
Notably, the new law ensures viable energy credit investment and purchase opportunities for the long term, and in our view, continues “business as usual.” While the tenor for solar and wind has been abbreviated, credits for some technologies (sustainable fuels) have been extended and others (fuel cells) have been added. Monarch will continue to be a market leader and innovator in all energy credit areas, and we are proud of the work we’ve done with existing and new developer partners throughout this legislative process. Those now stronger partnerships afford a broad spectrum of opportunities and structures from credits involving solar, storage, wind, geothermal, fuel cells, and other electricity generating or equipment manufacturing facilities, as well as credits from sustainable fuels and carbon sequestration, among others.Snapshot of the passed bill and certain energy credits:
- Solar and Wind – credits available for projects that commence operating as late as 2030
- Projects need to either
- Begin construction by July [4], 2026 (anniversary of actual presidential signature) (project would then have until the end of 2030 to commence operations) OR
- Commence operating before the end of 2027
- Projects that “begin construction” in 2026 or later will have restrictions on component sourcing (Monarch will underwrite and monitor compliance)
- Projects need to either
- Storage (battery), geothermal, and fuel cells – credits available for projects that commence operating as late as 2036
- Projects that “begin construction” in 2026 or later will have restrictions on component sourcing (Monarch will underwrite and monitor compliance)
- In addition to potential component restrictions, projects need to begin construction by the end of 2032
- Fuel cell projects eligible if begin construction after December 31, 2025
- Clean Fuel Production – credits available for production through the end of 2029 (extended two years)
- Added foreign ownership/assistance prohibitions
- Advanced Manufacturing Production Credit (manufacture of energy production components) – continues at current level through 2029, with 25%/annum phase down thereafter
- Adds restrictions on foreign ownership and component sourcing
- No credits for wind components manufactured/sold after 2027
- Transfer Credits – eligible for the credit types identified above.
Interview by Adam Mendler
Monarch Private Capital is proud to share that our Co-Founder and Co-CEO, George Strobel, was recently featured in an in-depth interview conducted by Adam Mendler, a nationally recognized authority on business and leadership.
Adam Mendler is the creator and host of Thirty Minute Mentors, a top-rated leadership podcast where he regularly interviews America’s most successful CEOs, founders, athletes, and public figures. With over 500 interviews and more than 70 published articles in major media outlets including Forbes, Inc., and HuffPost, Adam is widely regarded for his ability to draw out meaningful insights on leadership, strategy, and personal development.
In the interview, George reflects on the early experiences that shaped his career, the founding and growth of Monarch Private Capital, and the guiding principles that continue to drive our mission—creating long-term value through tax equity investments that deliver both financial returns and measurable community impact. He also offers thoughtful perspectives on entrepreneurship, team-building, and the importance of resilience and integrity in leadership.
Read the full article here.
Highlighting Scaled Impact, Strategic Innovation & Community Revitalization
ATLANTA (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is proud to announce the release of its 2024 Impact Report called Touchpoints. The report captures a year of remarkable growth, with more than $3.4 billion in total economic impact, 1.7 GW of clean energy capacity added, and over 2,400 new affordable homes created. These outcomes reflect Monarch’s deepening commitment to sustainability and community development.
In this year’s edition of Touchpoints, Monarch documents how impact-driven capital continues to serve as a catalyst for positive change. Through powerful tools like adder credits, transferable tax strategies, and investment in tax equity projects, the firm is aligning innovative financial structures with community transformation. With over $14 billion in assets under management, Monarch has become a go-to partner for forward-thinking investors and developers committed to creating measurable, lasting outcomes.
Key Milestones & Highlights
• $3.4B in economic impact in 2024
• 1.7 GW of new clean energy financed
• 2,400+ affordable housing units created
• 18 historic rehabilitation projects
• 35K+ jobs
“Our 2024 impact report reflects more than numbers… it reflects our progress, purpose, and the power of our investments,” said Melanie Frontczak, Managing Director of Sustainability & Tax Credit Investments at Monarch Private Capital. “We’re proud of what we’ve built and even more excited about what lies ahead.”
Explore the 2024 Impact Report: Touchpoints
For more information about Monarch Private Capital, visit www.monarchprivate.com.
About Monarch Private Capital
Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.
Strategic hire underscores Monarch’s commitment to cutting-edge technology, data governance, and cross-functional excellence
ATLANTA (GLOBE NEWSWIRE) – Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating both federal and state tax credits, is pleased to announce that Michael Powley has joined the firm as Manager, Technology Innovation. In this newly created role, Powley will lead Monarch’s ongoing data transformation initiatives, driving the integration of cutting-edge technology solutions to optimize portfolio management, streamline business processes, and support strategic decision-making across the firm.
Powley’s efforts will be central to advancing Monarch’s vision for a fully integrated, data-driven organization. While anchored in the Asset Management group, his work will extend firm-wide, designing and implementing systems that enhance visibility, reduce redundancy, and enable real-time insights across the investment lifecycle.
“Monarch’s data analytics inform our decisions from the underwriting process all the way through project exit. Michael’s addition to Monarch demonstrates our commitment to integrating the best technology solutions available to leverage our data, eliminate latency, and drive value,” said Emily DiCenso, Managing Director of Asset Management at Monarch Private Capital. “His expertise will ensure we continue to differentiate ourselves in the industry with best-in-class policies and procedures that safeguard our investments and, in turn, our investors’ returns.”
Michael Powley brings over a decade of experience in data governance, business intelligence, and process automation. Prior to joining Monarch, Powley spent seven years at Midwest Housing Equity Group (MHEG), where he developed automation frameworks, predictive analytics models, and AI-driven solutions for asset management and underwriting. He also held a pivotal role at Lowe’s, where he helped develop state-of-the-art selling and fulfillment platforms, revolutionizing inventory management and operational efficiency.
At Monarch, Powley will continue his focus on building durable, intelligent systems that support the firm’s investment activities in affordable housing, renewable energy, and historic rehabilitation. His efforts will elevate Monarch’s ability to scale responsibly and remain at the forefront of industry innovation.
“Monarch’s commitment to leveraging industry-leading technology that bridges the gaps between data, people, and decisions is what drew me to the firm,” said Powley. “I’m excited to help grow how
Monarch uses analytics, automation, and AI to give our teams better tools to make our work easier, decisions clearer, and our impact even stronger.”
Outside of work, Powley enjoys life in Omaha, Nebraska, with his wife and three kids. He stays actively involved in the community, collaborating with local non-profits to solve challenges and build practical, tech-driven solutions that support their missions. For more information about Monarch Private Capital, visit www.monarchprivate.com.
About Monarch Private Capital
Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The Company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.