; (2) originating, evaluating, underwriting, and closing the Bank’s financing and investment transactions in qualified projects; (3) partnering with private capital providers and capital markets to attract coinvestment from private banks, investors, and others in order to drive new investment into underpenetrated markets, to increase the efficiency of private capital markets with respect to investing in greenhouse gas reduction projects, and to increase total investment caused by the Bank; (4) managing the Bank’s portfolio of assets to ensure performance and monitor risk; (5) ensuring appropriate debt and risk mitigation products are offered; and (6) overseeing prudent, noncontrolling equity investments. (b) Products and investment types The finance and investment division of the Bank may provide capital to qualified projects in the form of— (1) senior, mezzanine, and subordinated debt; (2) credit enhancements including loan loss reserves and loan guarantees; (3) aggregation and warehousing; (4) equity capital; and (5) any other financial product approved by the Board. (c) State and local green bank capitalization The finance and investment division of the Bank shall make capital available to State and local green banks to enable such banks to finance qualifying projects in their markets that are better served by a locally based entity, rather than through direct investment by the Bank. (d) Investment committee The debt, risk mitigation, and equity investments made by the Bank shall be— (1) approved by the investment committee of the Board