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Press Release: Ellis Carr of Momentus Capital Named to the Washington Business Journal’s “Power 100” List for 2023

A graphic featuring the logo of the Washington Business Journal, the words "The Power 100 of 2023," the logo for Momentus Capital, a smiling photo of Ellis Carr dressed in a suit with a pair of glasses, and the words "Ellis Carr, Momentus Capital President and CEO."

OCTOBER 17, 2023 (Arlington, VA/San Diego, CA) – Ellis Carr, the president and CEO of Capital Impact Partners and CDC Small Business Finance, part of the Momentus Capital branded family of companies, has been named to the Washington Business Journal’s annual Power 100 list.

“We assembled our annual Power 100 list of the most influential business leaders with the pending revival of Greater Washington top of mind,” wrote Washington Business Journal Editor-in-Chief Douglas Fruehling. “Who has the courage to stand up and discuss our problems without holding back? Who has the leadership skills — and, sometimes, the dollars — to make a difference? Who can we count on?”

Mr. Carr was one of 25 business leaders featured in the “Big Money & Financiers” section, which includes “the bankers, investors, and private and public behemoths driving the Greater Washington economy.” “Ellis Carr leads the ambitious Momentus Capital, an umbrella group of organizations co-headquartered in Arlington and San Diego with a mission to increase capital for underserved neighborhoods and entrepreneurs,” the Washington Business Journal wrote. “With approximately 255 employees nationwide and nearly $3 billion in assets, it’s comprised of the community development financial institution Capital Impact Partners, CDC Small Business Finance — which provides credit to underserved small businesses — and cloud-based lending technology vendor Ventures Lending Technologies.”

In 2022, Mr. Carr oversaw the launch of the Momentus Capital branded family of organizations, which now also includes Momentus Direct Capital and Momentus Securities.

Mr. Carr has been the president and CEO of Capital Impact Partners since 2016 and was also named the president and CEO of CDC Small Business Finance in 2021.

“This is an honor that truly is about the passion and dedication of our team members at Momentus Capital. Our goal is to create an economic system that respects and uplifts all peoples’ right to achieve the dreams they have for themselves, their communities, and generations to come,” said Mr. Carr.

The Momentus Capital branded family of companies has deployed more than $345 million in financial capital to the D.C. region to support small businesses; community-focused developers such as those who focus on affordable housing, health care, and education; residential and commercial cooperatives; and access to healthy foods. It has also provided knowledge capital and social capital through free training and mentorship programs for about 75 developers of color, and through technical assistance for local entrepreneurs.

“We are proud to be listed alongside the many leaders and stakeholders who are contributing to the future of the Washington, D.C., Metro region.” Mr. Carr said. “One of our guiding principles is: ‘If you want to go fast, go alone. If you want to go far, go together.’ The work we are all doing will help everyone in the D.C. region have access to the capital and opportunities they deserve.”

This is the latest recognition for Momentus Capital:

About Momentus Capital The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners, CDC Small Business Finance, Momentus Direct Capital, Momentus Securities, and Ventures Lending Technologies. While each organization under the Momentus Capital brand still operates as a separate entity, their clients will now have access to more resources and products.

The Momentus Capital branded family of organizations is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We are working to reinvent traditional financial systems that have failed to address systemic issues of inequality, economic empowerment, and the widening racial wealth gap by offering a continuum of financial, knowledge, and social capital to help local leaders build inclusive and equitable communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, technology services that advance locally-led solutions, and investment banking and transaction advisory services (provided by Momentus Securities, a Finra-member broker/dealer).

Leveraging 80 years of combined experience, nearly $3 billion in assets, and strong community engagement, we have delivered $23 billion in financing, created and preserved 250,000 jobs, and served 12,000 small businesses and five million people across their history.

With headquarters in Arlington, Virginia, and San Diego, California, Momentus Capital operates nationally with a focus on larger urban areas and cities in Arizona, California, Michigan, Nevada, New York, Texas, and the Washington metro area.

Learn more at momentuscap.org.

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