Finance Authority of Maine Overview

  • Type
  • Economic Development Agency

  • Year Founded
  • 1983

Year Founded

  • Professionals
  • 3

Professionals

  • AUM

  • Commitments
  • 1

Finance Authority of Maine General Information

Description

Finance Authority of Maine (FAME) is an economic development agency based in Augusta, Maine. Established in 1983, the firm provides access to innovative financial solutions to help Maine citizens pursue business and higher educational opportunities. To meet the financing needs of Maine's business community, FAME offers a wide array of business assistance programs, ranging from traditional loan insurance programs for both small and larger businesses to tax credits for investments that individuals make in dynamic, growth-oriented, manufacturing, or export-related firms. FAME has also established taxable and tax-exempt bond financing programs that allow strong, creditworthy firms in Maine to access capital at very favorable rates and terms. FAME is committed to innovative, flexible solutions that address the needs of Maine individuals and companies in a changing economic landscape. The assets of the firm are managed by a 15-member board of directors.

Contact Information

Website
www.famemaine.com
Year Founded
1983
Open To Secondaries
Open To First Time Funds
Institution Type
Economic Development Agency
Primary Contact
Title
Chief Executive Officer
Email
cm
Phone
+1 (207)
Corporate Office
  • 5 Community Drive
  • Augusta, ME 04330
  • United States
+1 (207)

Finance Authority of Maine Commitments (1)

Finance Authority of Maine's most recent commitment was from , managed by 424 Capital. The commitment was made on .

Fund Name Fund Manager Fund Location Vintage Fund Size Commitment Date Commitment
424 Capital Wakefield, MA 2007
To view Finance Authority of Maine’s complete commitments history, request access »

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Finance Authority of Maine Commitment Analytics

PitchBook’s data visualizations help you see a limited partner’s commitments—showing a breakdown of activity by fund type and region, complete with performance metrics.

Request a free trial
Commitments by Fund Type
Commitments by Fund Type
Commitments by Region
Commitments by Region

Finance Authority of Maine Investment Allocations

PitchBook provides insight into a limited partner’s preferred investments, including actual and target allocations by strategy, secondary market preferences and interest in first-time funds.

Request a free trial
  • Target PE:
    Current PE:
    %  Actual
  • Target Real Estate:
    Real Estate:
    %  Actual
  • Target Equities:
    Current Equities:
  • Target Fixed Income:
    Fixed Income:
  • Target Cash:
    Current Cash:
Investment allocations

Finance Authority of Maine Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Maine Rural Development Authority Augusta, ME 2002

Finance Authority of Maine FAQs

  • When was Finance Authority of Maine founded?

    Finance Authority of Maine was founded in 1983.

  • Where is Finance Authority of Maine headquartered?

    Finance Authority of Maine is headquartered in Augusta, ME.

  • How many Assets Under Management (AUM) does Finance Authority of Maine have?

    Finance Authority of Maine has in assets under management.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »