Monarch Private Capital is a pioneer of film tax credit placement.
Monarch Film Credits is a division of Monarch Private Capital, a leading ESG fund manager and tax credit equity firm. Monarch, founded in 2004, was one of the first tax credit syndicators to offer Georgia Low Income Housing Tax Credits in the nation. When Georgia enacted the 2005 Entertainment Industry Investment Act (HB 539), Monarch was one of the first tax credit placement specialists to offer Georgia film tax credits in 2006. The Georgia film tax credit program was enhanced and became more successful through the Georgia legislature’s passage of HB 1100, the Georgia Entertainment Investment Act of 2008. Monarch has since become the largest placement specialist of Georgia tax credits and continues to expand its offerings to include over 30 state film and non-film tax credits.
Monarch Film Credits Timeline
Keep scrolling to see the history of Monarch Private Capital.
Monarch Private Capital is founded by George L. Strobel II and Robin Delmer
The Georgia Entertainment Industry Investment Act (HB 539) launched
Monarch brokered its first film credits, and HB 539 contributed $475 million to Georgia’s economy
HB 539 credited for over $1 billion in total economic impact of entertainment productions in Georgia
Georgia enacts the Georgia Entertainment Investment Act (HB 1100), and the founders begin arranging for sales between movie studios and its tax credit clientele
Monarch hits milestone of more than $50 million of film tax credits brokered
Monarch opens offices in Charlotte, NC and St. Louis, MO, and hits milestone of more than $100 million in film tax credits brokered
Monarch adds tax credit expertise with new director in Nashville, TN, bolstering our historic rehabilitation division while expanding our footprint
Monarch hires Marco Cordova to oversee its West Coast Tax Credit and Film Operations in Los Angeles, CA, launches new film scholarship program in Georgia, and opens an office in Springfield, Missouri
Monarch expands with office in Cincinnati, OH, tax credit directors in Austin, TX and Birmingham, AL, and is the Fastest Growing Private Tax Equity Investment Company in the U.S., according to Inc. Magazine’s 2018 list
Monarch hits milestone of more than $600 million in film tax credits brokered and expands with tax credit director in Baltimore
Monarch hits milestone of more than $800 million in film tax credits brokered, expands with tax credit director in Chicago, and hits key milestone of having managed ESG-related funds with investments in over 600 projects generating $3 billion tax credits, $6 billion in project capital, and $30 billion in economic impact in more than 30 states