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U.S. Bank

800 Nicollet Mall, Minneapolis, MN, 55402, United States

Overview

U.S. Bancorp is a diversified financial services holding company, headquartered in Minneapolis, Minnesota. It is the parent company of U.S. Bank, the fifth largest commercial bank in the United States based on assets, with $283 billion in assets. U.S. Bank ranks as the sixth largest bank in the U.S. based on deposits, with $183B in deposits as of December 31, 2009. With 3,002 banking offices and 5,309 ATMs, U.S. Bank's branch network serves 24 states. U.S. Bancorp offers regional consumer and business banking and wealth management services, national wholesale and trust services, and global payments services to more than 15.8 million customers. The company employs over 60,000 people.

Total investments
13
Lead investments
4
Investments · 12mo
4
Active investors
8

Sector focus

  • Banking
  • Financial Services
  • Insurance
  • Mortgage
  • Wealth Management
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Investment portfolio

  • DataBank

    Participated · Debt Financing · Jun 2026

    DataBank operates large data center campuses and is expanding its roughly 300-acre Red Oak campus south of Dallas. At full buildout the Red Oak site is planned to include eight two-story data centers, each offering about 200,000 square feet of data center space; the fourth building will add approximately 60 megawatts of IT capacity. The company serves hyperscale, cloud and enterprise customers and is pursuing growth through both development and acquisitions. DataBank has secured significant project financing for Red Oak, including $2 billion in April and an additional $650 million announced in this financing round, bringing total loan commitments for the campus to $2.65 billion. The firm also added an $800 million revolver to support capital expenditures and corporate needs, strengthening its capital structure for continued expansion. Dallas remains a leading data center market, supporting demand for DataBank’s capacity growth.

  • Versana

    Participated · Equity · Apr 2026

    Versana provides a centralized platform that digitally captures agents' loan data on a real-time basis from golden-source ledgers to deliver loan-level transparency and lender portfolio visibility. The company serves the broadly syndicated loan (BSL) and private credit markets and positions itself as a standard source of credible deal information across the asset class. In 2025 it introduced a Versana Reconciliation Module and a cashless roll solution linking amended facilities to original facilities. Versana reports active facility coverage exceeding $4.1 trillion in notional value. With over $125 million raised across multiple funding rounds, the company is pursuing international expansion, product innovation and data analytics enhancements to modernize the $9 trillion loan market.

  • EquipmentShare

    Participated · Debt Financing · Dec 2025

    Founded in 2015, EquipmentShare blends a nationwide equipment rental business with a cloud-enabled technology stack aimed at improving productivity on construction sites. Its proprietary T3 platform offers telematics, fleet management, connected jobsite sensors, and a digital marketplace for equipment rentals. The company has rapidly grown into one of the largest equipment rental providers in the United States and continues to broaden its national footprint. EquipmentShare focuses on delivering data-driven insights and digitally integrated asset management to boost efficiency and collaboration in the construction industry. Management is prioritizing expanded technology investments and the scaling of its rental operations. A recently secured $2.75 billion credit facility strengthens its capital structure, extends debt maturities to 2030, and provides ample liquidity to fund these growth initiatives.

  • Viamericas

    Participated · Equity · Sep 2025

    Founded in 1999, Viamericas operates a comprehensive remittance platform that enables customers to send money, pay bills, process checks, and top-up mobile phones across a global network. Its service reaches more than 300,000 payout locations in 95 countries and supports account deposits at over 2,700 banks and 107 mobile wallets. The company distributes its offerings through thousands of U.S. agent locations as well as expanding digital channels. Recent funding will be used to accelerate the expansion of this remittance network and enhance the firm’s digital payment platforms. Headquartered in Coral Gables, Florida, Viamericas maintains additional offices in Los Angeles and operational centers in Mexico, Colombia, and the Philippines. Executive Chairman Joseph Argilagos and CEO/co-founder Paul Dwyer lead the organization. The business positions itself as a secure, flexible, and scalable money-transfer solution for a global customer base.

  • Amp Solar Group

    Participated · Equity · Aug 2022

    Amp Energy India develops and operates renewable energy transition solutions and projects for commercial and institutional customers. The company has a portfolio of more than 2.7 GW across 17 states in India and serves marquee customers across ten sectors, including pharmaceuticals, automobiles, cement, steel, heavy engineering, FMCG, educational institutions, IT & data centres, utilities, and government bodies. It said it will use a newly secured $250 million financing to fund growth and accelerate its business plan. Founder, MD and CEO Pinaki Bhattacharyya said the round moves the company toward becoming the leading energy transition platform in the country. The financing involves participation from SMBC Bank of Japan, global alternative asset manager ICG, and the Asian Infrastructure Investment Bank (AIIB). AIIB's participation is described as its first direct equity investment into a renewable independent power producer, which the bank says will help attract long-term private capital. Amp Energy develops and finances community solar-plus-storage projects in the US. The company closed a US$155 million tax equity and debt financing for a 13-project portfolio in Massachusetts and New York. The portfolio totals 65MW of solar PV and 6.5MWh of energy storage; most projects will reach commercial operation this year and the remainder in Q2 2023. Three projects will use bifacial modules paired with storage and will be dispatched using Amp X, the company’s optimisation and management platform. Jared Donald, EVP and head of US operations, said Amp’s financing into US community solar has surpassed US$500 million. Amp’s US portfolio has reached 200MW of operating and in‑construction assets, with a further 500MW planned to be built over the next two to three years. Amp Energy develops, owns and operates clean energy assets including renewables and battery storage, and operates a grid-edge technology platform called Amp X that uses proprietary AI. The company is headquartered in Toronto and has operations across North America, Australia, Japan, Spain, the Czech Republic, and the UK. Amp says it focuses on building wholly‑owned assets at scale to accelerate decarbonization of flexible power generation infrastructure. The firm targets construction‑stage projects in markets including the U.S., Australia, and Japan and plans to add additional investment‑grade geographic markets as it scales. Founded in 2009, Amp is described as a high‑growth disruptor backed by institutional capital, including a US$374 million investment from the Carlyle Group in late 2020. Amp Solar Group, Inc. is a Toronto-based global energy transition platform and renewable infrastructure manager, developer and owner. Led by Dave Rogers, the company has developed over 1.8 gigawatts of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects, and stand-alone battery storage projects since 2009. It operates a proprietary digital energy platform, Amp X, which provides a portfolio of interoperable solutions including a smart transformer for real-time autonomous management and optimized dispatch of distributed generation and loads. The company has operations throughout North America, Japan, Australia, India, the UK, Iberia and the Czech Republic. Amp Solar Group received a $374M equity investment commitment from The Carlyle Group, with capital provided by Carlyle’s Global Infrastructure Opportunity Fund and Carlyle’s Renewable & Sustainable Energy Fund. The investment is intended to catalyze rapid growth of both Amp’s asset base and its Amp X platform across core markets including North America, Japan, Australia, Iberia and the UK. Amp Solar Group is a Toronto-based global developer of flexible clean energy infrastructure that develops, owns and operates clean energy assets both behind and in front of the meter. Founded in 2009 and led by President and CEO Dave Rogers, the company has operations in North America, Japan, India and Australia. Amp Solar reports a portfolio of over 700MW of distributed generation and utility-scale projects and a development pipeline of over 2GW across North America, Japan, Australia and India. The company closed a C$200M financing led by Zoma Capital. It intends to use the funds to continue the development, acquisition and build-out of clean energy infrastructure assets in its core markets. Amp focuses on flexible infrastructure solutions deployable both behind and in front of the meter.

Team

  • Tonya Peterson

    Assistant Vice President

  • Kris Switzer

    Business Development Officer for New Markets and Historic Tax Credits

    LinkedIn
  • U.S. Bancorp

    chief diversity officer

  • Phil Agcaoili

    Senior Vice President, Product & Security Innovation, Elavon

    LinkedIn