Arctaris Welcomes Jason B. Sanders as Business Development Partner and Managing Director
Michigan – November 1, 2016 – Arctaris Michigan Partners, LLC, an asset manager focused on economic development investment in underserved markets, is pleased to announce that the former President and Commercial Banking Sales Manager for Fifth Third Bank in Mid-Michigan, Jason B. Sanders, has joined the firm as a Managing Director and Business Development Partner.
Jason will focus on business development, banking relationships, investor and government relations. He will also lead the development of investment strategies for the current Arctaris Michigan fund as well as future funds, which specialize in senior debt and mezzanine financing.
Jason oversaw a region with $4.0 billion in loans and deposits at Fifth Third and he brings over 20 years of commercial banking leadership experience specializing in delivering creative capital solutions and developing trusted advisor relationships for growth-oriented business clients. He holds a BA in Business Administration, Finance and Economics from Alma College and has served on Boards including: Chairman of the Enterprise Group of Jackson (EDO), Lansing Economic Area Partnership (EDO), and Jackson County EDC/RLF Fund.
“Jason further strengthens our team of proven investment professionals at Arctaris,” commented Jonathan Tower, Managing Partner of Arctaris Michigan and Arctaris Royalty Partners. “Arctaris will benefit from Jason’s proven track record over two decades of commercial banking experience investing in small to middle market companies. We are excited to have him join the partnership and know that he will be a great addition supporting our efforts to provide growth capital to underserved and underbanked businesses.”
“I am excited to join an outstanding team of experienced professionals at Arctaris that are dedicated to Economic Development and Impact Lending” said Jason Sanders. “Arctaris’s niche is their relationship approach to delivering creative capital solutions to small and middle market companies”. “I look forward to replicating the firm’s success with providing these solutions and investments to additional clients, banking partners, and investors.”
Arctaris Michigan Partners launched the Michigan Income and Principal-Protected Growth Fund, LP (the “Fund”) to provide growth capital to underserved Michigan businesses. With capital from the U.S. Treasury Department, the State of Michigan, U.S. commercial banks, foundations and other private investors, the Fund provides loans to small and mid-sized businesses seeking to expand their Michigan operations or move to the State. Arctaris Michigan Partners, based in Detroit, is an affiliate of Boston-based Arctaris Royalty Partners, LLC, a leader in Economic Development and Impact Investment for inner cities and underbanked communities throughout the U.S.
Please visit www.arctarismichigan.com or phone 313-821-7706 for more information on Arctaris Michigan Partners, LLC.