Radhika Reddy
Partner, Ariel International Center, LLC
Cleveland, OH 44114
Phone (216) 344-9441
Mobile (216) 577-2420
Bio
Radhika Reddy has 35 years of experience, including 25 years in USA in the areas of economic development finance, real estate development and finance, international business, and other business advisory services, and 10 years in India as an international banker. Ms. Reddy is the founder of Ariel Ventures, LLC (2001), Ariel International Center, LLC (2010), Ariel Economic Development Fund, LLC (2010), Ariel Distribution Center, LLC (2013), Ariel Pearl Center, LLC (2016), all 100% women-owned and minority firms. Ms. Reddy provides public-private project finance, combining comprehensive economic development financing incentives with private equity and debt, supporting business attraction and expansion, and stimulating economic development in Ohio and other states nationally.
Ms. Reddy and her partners have provided financial and business advisory services for over $2.0 billion in public-private finance transactions nationally, utilizing a variety of federal, state, local tax credits and incentives, grants, public and private loans and equity. Ms. Reddy and Ariel Ventures have gained national recognition as experts in the New Markets Tax Credit (NMTC) area and pioneered the development of the first state-of-the-art, comprehensive NMTC compliance, reporting and CDE management software application in 2003, which has been approved for integration with the CDFI Fund's (Treasury Dept.) online community impact reporting system, and is used by CDEs nationally. In 2003 Ariel Ventures collaborated with the Cleveland-Cuyahoga County Port Authority to create a Community Development Entity (CDE) and secured a total of $95 million in NMTC allocations since 2003, and has used it to make investments in the low income communities of Northeast Ohio.