StoneCastle Partners

Year of Investment:

2007

Industry

Financial Services

Headquarters

New York, NY

Status

Active

Website

http://www.stonecastle.com

Business

Founded in 2003, StoneCastle Partners is an asset manager focused on the community banking industry, with a strong track record in managing bank trust-preferred securitizations. The company intends to continue growing its core business by leveraging its origination network and underwriting capabilities to invest in other community bank assets and liabilities through a variety of investment vehicles. Since our investment, StoneCastle has started a cash management business, which has grown to over $10 billion in AUM and also launched a publicly traded closed-end investment company (Nasdaq: BANX).

Charlesbank Investment

Charlesbank acquired a minority interest in StoneCastle and has committed additional capital to fund future asset growth.

Key Team Members

January 2, 2008

Charlesbank Capital Partners Invests in StoneCastle Partners

Charlesbank Capital Partners announces its investment in StoneCastle Partners. StoneCastle is a leading asset management firm that invests in small… Read More

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