Grage & Associates

Main Content CEPHAS CAPITAL Cephas Capital was founded in July of 1997 and was approved for a license to operate as a Small Business Investment Company ( SBIC ) in March of 1998. Cephas was organized with $10 million of private capital contributed by six Upstate NY community banks and the general partners. The SBIC license also provides Cephas with access to up to another $30 million of funding from the SBA, generating a total capital pool of $40 million. Since 1997 Cephas has been seeking opportunities to help owners of small and medium sized privately held companies fund rapid growth, recapitalize their businesses or provide financing for management- led ownership changes. Through the end of 2009, the partnership had invested more than $64 million in 43 deserving small businesses located primarily in Upstate New York. The businesses funded by Cephas employ more than 5, 000 people and contribute more than $700 million annually to the economic output of the region.

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Our goal, since inception, has been to provide a back office that is optimized for professionals who own their firms and who provide independent financial advice and services to individual investors and their families.