# Preston Hollow Capital

Preston Hollow Capital is an Asset Manager based in Dallas, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Dallas, United States
- **Region:** North America
- **Address:** Dallas, TX, United States
- **Founded:** 2014
- **Assets under management:** Undisclosed
- **Website:** phccap.com
- **LinkedIn:** https://www.linkedin.com/company/preston-hollow-capital

## Regulatory record

- **Reports private funds:** No

## About

Preston Hollow Community Capital provides capital solutions to drive transformative community impact for local governments, institutions of higher education, not-for-profit entities and other community impact borrowers. It is a permanent capital vehicle with $1.6 billion in permanent equity capital and over $3 billion in investment capacity. PHCC invests nationwide through tax-exempt and taxable debt, typically $10 million to $100+ million, for terms from 5 to 35 years, and serves as a long-term financing partner.

## Sectors

- Real Estate
- Infrastructure
- Education
- Healthcare Services

## People

- Jim Thompson — Chairman & Chief Executive Officer
- Cliff Weiner — Managing Director, Head of Fixed Income
- Greg May — Managing Director, Head of Corporate Development
- Paige Deskin — Chief Financial Officer
- John Bills — Co-Chief Credit Officer
- Eric Schleif — Co-Chief Credit Officer

## Questions

### Who runs investment decisions at Preston Hollow Capital?

Chairman and CEO Jim Thompson founded the firm and leads overall strategy. Co-founder Cliff Weiner, as Head of Fixed Income and Capital Markets, oversees fixed-income investment strategy. The credit process is managed by Co-Chief Credit Officers John Bills, who focuses on real property underwriting, and Eric Schleif, who leads surveillance and asset management.

### Is Preston Hollow Capital a fund manager or a direct lender?

Preston Hollow is a direct lender that uses permanent equity capital to originate and hold loans on its own balance sheet. It does not raise blind-pool funds. In virtually all of its directly originated transactions, the firm acts as the sole or majority and controlling bondholder.

### What types of borrowers does Preston Hollow Capital work with?

The firm provides capital to local governments, institutions of higher education, and not-for-profit entities. Its loans are structured as both taxable and tax-exempt debt, and the firm targets projects that create measurable community impact, such as infrastructure and facility development.

### How does Preston Hollow Capital structure its financing?

The firm offers several bespoke structures, including interim taxable financing that converts to tax-exempt debt, drawdown funding where the full commitment is deployed over time during construction, and reserve fund structures calibrated to a borrower's specific credit profile. Because PHCC holds loans to maturity rather than distributing them, it can negotiate tailored terms directly with borrowers.

### Does Preston Hollow Capital co-invest with other firms?

In virtually all of its directly originated transactions, Preston Hollow acts as the sole or majority and controlling bondholder. This creates a direct, face-to-face lending relationship with borrowers rather than a syndicated structure. The firm does not publicly detail arrangements where it participates alongside other lenders.

### What is the firm's known posture on community impact and mission alignment?

Preston Hollow structures its business around financing projects that produce long-term social benefits. Its stated mission is to provide capital to local governments, higher-education institutions, and nonprofits to support transformational community outcomes, while generating risk-adjusted returns for its stockholders through a diversified portfolio of predominantly tax-advantaged assets.

## Related profiles

- [Prestige Investment Group](https://altss.com/profile/prestige-investment-group)
- [Preston Wealth Advisors](https://altss.com/profile/preston-wealth-advisors)

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Last updated: 2026-08-11T15:07:49.000Z

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