Chris Feduccia
Chris Feduccia founded Feduccia and Company in 1996. Chris Feduccia, along with the rest of the team brings a great degree of skill and expertise to the table in the form of non-traditional business and project financing.
Mr. Feduccia was the lead on closing a unique and innovative $40 million new markets tax credits (NMTC) transaction with a major investment banking firm. This transaction was one of the first to use NMTCs with government guaranteed business loans. This transaction provided a method by which an investment bank with an appetite for federal tax credits could obtain the needed liquidity at the end of the compliance period without placing a burden on the underlying businesses to refinance the loan. Mr. Feduccia also was the lead in closing a $42 million new markets tax credit transaction for a salmon plant constructed in a remote Alaskan village. In 2011, Mr. Feduccia worked to complete a significant NMTC investment to facilitate the great infrastructure challenge of the 20th Century: Broadband Deployment.
Mr. Feduccia also has vast experience in providing third party analysis and due diligence to venture capital firms, non-bank lenders, state agencies which participate and guarantee commercial loans and community development organizations. He has assisted these firms in developing and implementing capitalization plans. The private equity investment advisory work performed by Mr. Feduccia has been commended by all of the clients based on the extraordinary returns generated/losses avoided based on decisions that were made based upon the advisory services.
The majority of the third party analysis and due diligence has been to provide assistance to other lending institutions in originating, closing, servicing and selling approximately $375 million of SBA 7(a) and USDA Business and Industry Loans during the last ten years.
Mr. Feduccia has also completed several comprehensive economic development studies, including data gathering and analysis for economic clusters, workforce development, labor market surveys, and other economic development activities. Mr. Feduccia has also provided advice on investment and divestiture decisions to two private companies with revenues in excess of $1 billion.
Mr. Feduccia has also developed an expertise in using state, federal, and local tax credits and grants to facilitate project developments and capitalization of community development entities. Mr. Feduccia has served as the principal author on five successful new markets tax credits applications totaling $230 million and has assisted in raising and deploying over $350 million of qualified equity investments under this program.
In 2005, (prior to hurricanes Katrina and Rita), Mr. Feduccia worked with the Louisiana State Legislature to pass and implement the Louisiana CDFI Act, which provided in-state matches to Louisiana based entities that were also CDFIs. These Louisiana CDFIs raised $18 million of equity from private entities as a result of this legislation.
Mr. Feduccia has also advised numerous clients in the development of successful exit strategies for their businesses. Feduccia and Company has also placed a large amount of non-investment grade debt with numerous financial institutions as well as advised numerous companies on their business models and formulation of their business plans. One of the most notable was the online venture founded by Alan Mruvka, the founder of E! Entertainment Television.
Prior to founding Feduccia and Company, Inc. in 1996 and Confluence Advisors, Inc. in 2002, Mr. Feduccia was employed by Source Capital Corporation, a venture capital firm, which raised equity through a state tax credit program. Mr. Feduccia is a graduate of Louisiana State University and has attended numerous professional conferences and continuing education courses.
Chris lives in Baton Rouge, Louisiana with wife Jennifer and daughters Caroline (10) and Natalie (7).
