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Susan Seagren
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Susan Seagren

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At a glance

Full Name
Susan Seagren
Title
President (previously listed as Managing Director) at AMCREF Community Capital, LLC
Firm
AMCREF Community Capital, LLC
Firm Type
Mission-driven / impact specialty finance firm and Community Development Entity (CDE); a New Markets Tax Credit (NMTC) allocatee — not a traditional angel investor despite the stub label
Investment Stage
Growth and expansion financing for operating businesses; startups, for-profits, and non-profits seeking capital to grow (the stub's "Seed Round" is not supported by sources)
Check Size
Roughly $2 million to $10 million per transaction in NMTC-enhanced financing
Target Company Profile
Manufacturing and industrial businesses that create quality jobs and economic opportunity in low-income and rural communities
Sector Focus
Manufacturing/industrial, sustainable/cleantech, food packaging, recycled materials; historically also technology and healthcare
Geographic Focus
United States, with emphasis on low-income and rural communities in the Southern U.S.
Location
New Orleans, Louisiana

Background

Susan Seagren is President of AMCREF Community Capital, LLC, a New Orleans–based, mission-driven specialty finance firm that provides flexible, below-market-rate financing to manufacturing and industrial businesses creating jobs in underserved communities. She joined AMCREF in 2007 and has sourced, underwritten, and closed the majority of the firm's New Markets Tax Credit (NMTC) investments. AMCREF has received fourteen federal NMTC allocations totaling roughly $787.5 million and over $170 million in state-targeted NMTCs, and has facilitated approximately $1.5 billion in transactions.

Seagren brings more than 20 years of corporate and specialty finance experience spanning tax credit finance, venture capital/private equity, and investment banking. Before AMCREF, she worked at Silicon Valley Bank Alliant, raising private capital in the cleantech, technology, and healthcare sectors. Earlier in her career she worked at Goodby, Silverstein & Partners in account management and at Hambrecht & Quist, the San Francisco investment bank specializing in the technology industry.

She holds a BS in Finance, awarded with highest honors, from the University of Colorado. Seagren is a regular presenter at industry events such as the Novogradac New Markets Tax Credit conferences, speaking on using NMTCs to accelerate sustainable economic development.

Note on the stub: AMCREF is a Community Development Entity deploying tax-credit-enhanced growth capital, not a seed-stage angel fund. The "Angel Investors / Seed Round" labels in the source stub appear to be misclassifications and are corrected above based on primary sources.

Investment Thesis & Focus

  • Deploys NMTC-enhanced capital and non-conventional debt to operating manufacturing/industrial businesses, typically in the ~$2M–$10M per-deal range.
  • Prioritizes companies that create quality jobs, environmental benefits, and economic opportunity in low-income and rural communities, especially across the Southern U.S.
  • Favors tangible, job-creating projects — new or expanding plants, equipment, and facilities — over pure early-stage startups.
  • Her own stated rationale during the COVID-era small-business fund: "Given many small businesses are being adversely impacted by the COVID-19 pandemic, we consider it a particularly compelling time to utilize NMTC capital to quickly support small rural businesses."

Notable Investments

  • IntegriCo Composites — Partnered with U.S. Bancorp Community Development Corporation to provide $10 million in NMTC financing to expand a Sarepta, Louisiana facility making composite railway crossties and construction matting from recycled plastics.
  • Southern Champion Tray — ~$9 million in NMTC financing (December 2021) to a ~94-year-old sustainable paperboard/food-packaging converter.
  • UB Community Development joint fund — $2.3 million NMTC loan and investment fund (September 2020) supporting renovation and growth of small rural businesses, primarily in Alabama.
  • Georg Fischer Casting Solutions (GFCS) — Tax-credit consulting for GFCS's re-entry into U.S. manufacturing via a new high-pressure die-casting facility in a deeply distressed low-income community in Augusta, GA.

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